Dollar Thrifty Automotive Group Continues Growth Strategy; Acquires Dollar Canada Master Franchise

    TULSA, Okla., Feb. 4 -- Dollar Thrifty Automotive
Group, Inc. today announced the acquisition of the master
franchise rights to the Dollar Rent A Car brand in Canada from Dollar Rent A
Car (Canada) Ltd., part of the Skylink group of companies.  This acquisition
of the master franchise rights in Canada is a strategic element of DTG's new
corporate structure and growth strategy which was announced approximately one
month ago.  The acquisition of the Dollar Rent A Car (Canada) Ltd. operations
will add 30 Dollar-branded rental locations, currently operated by licensees,
to 133 Thrifty-branded locations currently managed as company-owned or
licensee-operated locations throughout Canada by the company's newly formed
subsidiary, Dollar Thrifty Automotive Group Canada Inc.  Terms of the
agreement were not disclosed.  The transaction is scheduled to close by week's
end.
    DTG executives said the Canada acquisition continues the company's
campaign to strengthen its position in the discretionary travel marketplace.
"DTG's new corporate structure reflects our unwavering commitment to optimize
cost savings and maximize growth opportunities," Gary L. Paxton, DTG President
and Chief Operating Officer - Corporate Operations, said.  "Acquiring rights
to the Dollar brand in Canada is among the first steps that we will take to
leverage our existing systems, facilities and expertise."
    Upon the closing of the agreement, Dollar Thrifty Automotive Group Canada
Inc. will be responsible for all Canadian operations.  Yves Boyer, who
previously served as President of Thrifty Canada Ltd., has been named
President of Dollar Thrifty Automotive Group Canada, Inc., and will direct all
operations including the Dollar-branded rental operations, concentrated in and
around Canadian metropolitan markets, and the subsidiary's existing and more
expansive Thrifty operations in Canada, including in-terminal locations at
every major Canadian airport.  "As we expand the Dollar brand across Canada,
consumers will be provided an even greater choice in the car rental value
market," Boyer said.
    Effective January 1, 2003, DTG realigned its structure to better support
the strengths of its brands, Dollar Rent A Car and Thrifty Car Rental.  "Our
integrations enable DTG to protect its status as a low-cost provider and
solidifies both brands' leadership position in an increasingly competitive
travel environment," Paxton said.
    "Skylink invested much time and attention to successfully building the
Dollar brand in Canada during a challenging period for this industry, and the
timing is now right to sell this strong Canadian franchise back to the parent
company so that we can refocus our efforts on the other diversified businesses
of the Skylink group," Walter Arbib, President of Skylink, said.
    "We feel confident that the franchisees affected by this transaction will
benefit not only from our past efforts to build a solid Dollar system here in
Canada, but will also benefit in the future from having the support of Dollar
Thrifty Automotive Group available to them in the years ahead," Jeff Appleton,
Chief Executive Officer of Dollar Rent A Car Canada, said.
    Dollar Rent A Car (Canada) LTD. is a part of the Skylink group of
companies.  "The Dollar (Canada) and Skylink management teams have achieved an
excellent level of brand recognition and firmly established the Dollar brand
in Canada," Paxton said.  "Skylink and DTG plan to continue cooperating in the
future by offering high-value global travel services to the public."
    Dollar Thrifty Automotive Group, Inc. is headquartered in Tulsa, Oklahoma,
and has over 5,000 worldwide employees.  Focused on being the low-cost
provider in the car rental industry, the company's brands, Dollar Rent A Car
and Thrifty Car Rental, serve value-conscious leisure travelers in more than
70 countries.  With operations at most major airports, Dollar and Thrifty have
over 800 corporate and franchised locations in the United States and Canada.
    The Skylink Group of Companies consists of various independently operating
companies which primarily focus on a wide variety of aviation services and
leisure travel.  Skylink Travel is North America's largest airline
consolidator.  Specializing in rapid response air logistics operations,
Skylink has worked in most of the world's hot spots moving troops and
equipment.  It also operates an air courier business called Skylink Express
and a wholesale airline ticketing company, Skylink Travel.  Since 1993,
Skylink has been the master franchisee of Dollar Rent A Car in Canada and has
operated franchises at many of Canada's airports as well as an extensive
network of off-airport locations.
    Some of the statements contained in this press release may constitute
forward-looking statements within the meaning of the Private Securities
Litigation Reform Act of 1995.  Although Dollar Thrifty Automotive Group, Inc.
believes such forward-looking statements are based upon reasonable
assumptions, such statements are not guarantees of future performance and
certain factors could cause results to differ materially from current
expectations.  These factors include: price and product competition; economic
and competitive conditions in markets and countries where the companies'
customers reside and where the companies and their franchisees operate;
airline travel patterns; changes in capital availability or cost; costs and
other terms related to the acquisition and disposition of automobiles; costs
of conducting business and changes in structure or operations; and certain
regulatory and environmental matters.  Should one or more of these risks or
uncertainties, among others, materialize, actual results could vary from those
estimated, anticipated or projected.  Dollar Thrifty Automotive Group, Inc.
undertakes no obligation to update or revise forward-looking statements to
reflect changed assumptions, the occurrence of unanticipated events or changes
to future operating results over time.