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Carey International Announces Major Expansion in Europe; - Company Expands Service Capabilities in Paris, Monte Carlo, and Rome -

16 January 2001

Carey International Announces Major Expansion in Europe; - Company Expands Service Capabilities in Paris, Monte Carlo, and Rome -

     WASHINGTON, Jan. 15 Carey International, Inc. today
announced that it has acquired a second chauffeured vehicle service company in
Paris and destination management companies in Monte Carlo and Rome.  The
combined annualized revenue of the three companies is approximately
$20.5 million.
    With the acquisition of a second company in Paris, Carey continues to
execute on its strategy to become the dominant player in the chauffeured
vehicle services industry in the key travel gateways of London and Paris.
The newly acquired destination management companies will operate with Carey
International's Allied Travel France under the name, Allied Travel Europe, the
first network of DMCs under common ownership to serve corporations and meeting
planners throughout the world.
    Vincent A. Wolfington, Chairman and Chief Executive Officer of Carey
International, stated, "The addition of a second chauffeured vehicle service
company in Paris coupled with the creation of the Allied Travel Europe DMC
network furthers Carey's strategy to be the 'one-stop' provider of chauffeured
services and premium destination management in Europe.  Our proven model for
delivering corporate services in the U.S. is equally applicable in Europe, and
we continue to see excellent opportunities to succeed in European markets by
leveraging our brand recognition, expert know-how in marketing and service
delivery, and substantial U.S. customer base."
    Carey International is the world's largest chauffeured vehicle service
company.  The company provides chauffeured sedan, limousine, van, and minibus
service through a worldwide network of owned and operated companies,
licensees, and affiliates serving 480 cities in 75 countries.