Avis and Budget Customers No Longer Need to Wait in Line to Pay Highway Tolls

First Major Rental Car Companies to Offer Electronic Toll Collection to Customers

PARSIPPANY, N.J., March 13 /PRNewswire/ — Cendant Car Rental Group, LLC, the parent company of Avis Rent A Car and Budget Rent A Car, today announced two new programs to enable their customers to bypass cash toll lanes. Starting this April, customers can rent a vehicle allowing them to drive through electronic toll collection booths on highways in the Northeast United States and the Houston, Texas metropolitan area. The new programs will be available to customers of Avis and Budget for an additional fee of $1.50 per day for rentals at New York metropolitan locations, including Northern New Jersey and Southern Connecticut and for $2.00 per day at locations in Houston, Texas, plus toll charges. There are plans to roll out the systems to additional areas in the Northeast, Texas, Florida and Illinois by year end.

This announcement follows a recently completed test of electronic toll collection devices in rental cars at the Newark, N.J. Budget Rent A Car location. During the 18-month test period, Budget customers rented vehicles equipped with transponder collection devices more than 25,000 times.

In the New York metropolitan area, Cendant Car Rental Group partnered with Highway Toll Administration, LLC (HTA) to offer vehicles equipped with E-Z Pass, the electronic toll technology service used throughout the Northeast United States. Customers will be able to use the service on toll roads, tunnels and bridges from Maine to Virginia. HTA will equip both Avis and Budget vehicles with E-Z Pass transponders. In Houston, Cendant Car Rental Group is utilizing PlatePass(TM), the service offered by American Traffic Solutions. PlatePass will allow Avis and Budget customers to utilize high- speed toll lanes throughout Texas without the need for a vehicle transponder. In both programs, toll charges accrued will be processed as a separate charge to the credit or debit card that was presented by the customer at the time of rental.

“We want to continue to lead our industry in providing solutions that make our customer’s rentals more convenient and enjoyable,” said Scott Deaver, executive vice president of marketing for Cendant Car Rental Group. “It is clear that this is a service our customers find valuable, and we are delighted to be the first to roll it out. Electronic toll collection provides our customers with a great time-saving device that will make their travels smoother and more stress-free.”

Customers who wish to rent a vehicle with the new service in the Northeast should request a vehicle equipped with electronic toll collection at the time of reservation or at the rental counter. The service will be available at New York Metropolitan airports, Manhattan, Northern New Jersey and Southern Connecticut locations. Vehicles in Houston are “pre-enrolled” and are ready to use the toll system without any special request. To make a reservation or to learn more about renting a vehicle with electronic toll collection visit www.avis.com and www.budget.com.

About Highway Toll Administration

Highway Toll Administration, LLC (HTA) provides electronic toll collection services, primarily to rental car agencies. HTA, with its proprietary patent- pending systems and procedures, is an industry pioneer and the only company currently providing electronic toll payment services for rental vehicles in the United States, Canada, and Puerto Rico. Founded in October 2002, HTA has been developing and refining its technology to the point where today it is poised for widespread adoption. For more information about HTA, visit www.htallc.com or call Randi Luckman, 516-817-0824.

About American Traffic Solutions

American Traffic Solutions, Inc. is the leading provider of state-of-the- art, turn-key vehicle detection and imaging technology designed and built specifically for photo traffic enforcement. The company was founded in 1992 and has provided some of the largest and most successful traffic safety and enforcement programs in the world, including New York City, Philadelphia, Houston and Seattle. ATS operates or supports automated traffic safety and enforcement programs in Washington, California, Arizona, Colorado, Texas, Tennessee, Missouri, Maryland, Pennsylvania, New York, and Calgary Alberta Canada. ATS’s patent pending PlatePass(TM) solution provides a unique, convenient, consumer offering to the rental car customer. The technology and service is built based on real-world experience providing toll violation processing solutions to some of the largest Toll Authorities in the United States. www.atsol.com.

About Cendant Car Rental Group

Cendant Car Rental Group, LLC, subsidiary of Cendant Corporation (NYSE:CD) , is the largest car rental company serving North America, the Caribbean, Australia and New Zealand. Through its subsidiaries and franchisees, the company operates the Avis Rent A Car system, the industry leader in customer service, and the Budget Rent A Car system, the leading value-oriented rental car brand. For more information about Avis and Budget, visit www.avis.com and www.budget.com.

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