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Dollar Thrifty Automotive Group Holds Annual Meeting of Shareholders

TULSA, Okla., May 29, 2003 -- Dollar Thrifty Automotive Group, Inc. , today held its Annual Meeting of Shareholders in Tulsa, Oklahoma.

(Logo: http://www.newscom.com/cgi-bin/prnh/20020412/DTGLOGO )

At the formal business of the meeting, Joseph E. Cappy, Molly Shi Boren, Thomas P. Capo, Maryann N. Keller, The Honorable Edward C. Lumley, John C. Pope, John P. Tierney and Edward L. Wax were elected Directors.

Edward J. Hogan, a Director since the Company's initial public offering in 1997, retired from the Board at the Annual Meeting in conformity with the Company's governance policy. Mr. Hogan is Chairman of Pleasant Holidays.

In his remarks at the Annual Meeting, Joseph E. Cappy, Chairman and Chief Executive Officer, reviewed DTG's performance and achievements during 2002. He highlighted the progress that has been made in executing DTG's new business strategy which focuses on aggressive internal growth and improving operating efficiencies. Mr. Cappy cited the strength of the Company's two brands, Dollar Rent A Car and Thrifty Car Rental, targeting the leisure customers for the Company's success during a difficult travel environment.

Dollar Thrifty Automotive Group, Inc. is headquartered in Tulsa, Oklahoma, and has approximately 6,000 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 approximately 800 corporate and franchised locations in the United States and Canada. Additional information can be found by visiting www.dtag.com .

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