Enterprise Rent-A-Car Revenue Exceeds $8 Billion: Records Set in Revenues, Fleet Size, and Locations; Company adds 80,000 vehicles and opens nearly 500 new locations worldwide

ST. LOUIS--Sept. 21, 2005--Enterprise Rent-A-Car, the largest rental car company in North America, announced today a record annual performance, achieving all new highs in revenue, fleet size, and locations.

Enterprise recorded $8.23 billion in worldwide revenue, a company record, and up from $7.4 billion the previous year. In the last 25 years, the company has achieved a compound annual revenue growth rate of 20.5 percent.

In fiscal 2005 (ending July 31), Enterprise also achieved record fleet size with a combined total of more than 818,000 vehicles - an increase of some 80,000 compared to last year - in its rental and fleet services (leased) inventories. The company also opened 494 new locations - 455 local market and 39 on airport - bringing its total to more than 6,500 worldwide.

"In 2005, we continued to set company records across all of our rental segments, including replacement, corporate, leisure and airport," said Andrew C. Taylor, chairman and chief executive officer of Enterprise. "And we're seeing significant growth from other Enterprise divisions, such as Fleet Services (leasing) and Rent-A-Truck (commercial truck rental)."

Enterprise Rent-A-Car ranks No. 16 on the most recent Forbes magazine list of "America's Largest Private Companies," and its $8.23 billion in revenue would have placed the company at No. 266 in the most recent "Fortune 500" ranking of publicly held U.S. companies.

In addition to record revenue, Enterprise also achieved record profitability in its recently completed fiscal year. As a privately held corporation, Enterprise does not disclose specifics on its net income. Other company records and milestones include:

-- Generating a record $725.7 million in revenue outside the United States, representing a 32 percent increase in its international business.

-- Growing its employee base to more than 61,000 worldwide, up from 57,000 in FY 2004.

-- Increasing its international locations to nearly 800 throughout the U.K., Canada, Germany, and Ireland.

-- Increasing its number of rental vehicles to 667,000, up from 602,000 vehicles last fiscal year.

-- Increasing its number of Fleet Services (leased) vehicles to more than 150,000, up from 135,000 vehicles.

-- Opened 39 on-airport locations, bringing its total number of on-site branches to more than 200.

-- Selling more than 64,500 used vehicles through its referral car sales division, now operating more than 170 car sales locations across the country.

-- Growing its Rent-A-Truck (commercial truck rental) to 87 locations throughout 18 states in only its sixth year of operation.

In addition to outstanding business results, Enterprise also recorded other significant news and accomplishments in fiscal 2005, including:

-- Enterprise ranked highest in customer satisfaction among airport car rentals by J.D. Power and Associates for the fifth time in the past six years.

-- In addition, Enterprise was recognized as No. 1 for hospitality in the rental car industry for the 12th consecutive quarter by Market Matrix, LLC.

-- Enterprise is a recipient of a 2005 Secretary of Defense Employer Support Freedom Award, honoring its support of employees serving in the National Guard and Reserve. Enterprise was one of only 15 employers selected for the award from nearly 1,500 nominations from National Guardsmen and Reservists.

-- Enterprise received the National Urban League's Corporate Leadership Award for its support of Urban League programs nationwide, including its sponsorship of the landmark Urban League study, "Diversity Practices That Work: The American Worker Speaks."

-- The Enterprise Rent-A-Car Foundation donated $1 million to the American Red Cross to assist in the massive relief effort related to Hurricane Katrina. The Foundation also donated $250,000 to the International Red Cross for the tsunami relief effort and $250,000 to the Red Cross relief effort for victims of the 2004 hurricanes in the southeast U.S.

-- Additionally in 2005, the Enterprise Rent-A-Car Foundation contributed $9.3 million to more than one thousand non-profit organizations in the U.S.

-- The Jack C. Taylor family and Enterprise Rent-A-Car donated $5 million for the long-term preservation of Forest Park, one of St. Louis' most treasured and historic landmarks. The gift is the largest gift ever from an individual in the park's history and the largest gift made to an endowment for a public park.

Headquartered in St. Louis, Enterprise has operations in the United States, Canada, the United Kingdom, Ireland, and Germany.

About Enterprise Rent-A-Car

Enterprise Rent-A-Car operates more than 800,000 Rental and Fleet Services vehicles worldwide and has annual revenues of $8.2 billion. Last year, Enterprise opened nearly 500 new locations, increasing its total locations to more than 6,500. Enterprise is currently number 16 on the Forbes "500 Largest Private Companies in America" list. For more information about Enterprise visit www.enterprise.com.