We interpret the general rotating black holes in five dimensions as ro
tating black strings in six dimensions. In the near-horizon limit the
geometry is locally AdS(3) x S-3, as in the non-rotating case. However
, the global structure couples the AdS(3) and the S-3, giving angular
velocity to the S-3. The asymptotic geometry is exploited to count the
microstates and recover the precise value of the Bekenstein-Hawking e
ntropy, with rotation taken properly into account. We discuss the pert
urbation spectrum of the rotating black hole, and its relation to the
underlying conformal field theory. (C) 1998 Elsevier Science B.V.