Budget Introduces Small Business Program

Low Rates Guaranteed With Every Rental

PARSIPPANY, N.J., June 3 -- Smaller-sized companies are often focused on ways to save on business travel. Budget Rent A Car System, Inc. today announced the launch of the Budget Business Program designed specifically for small businesses to maximize their company's travel dollars, and to give their employees some of the same perks and benefits often reserved for larger companies.

  The program offers free enrollment and benefits including:

  *  Low corporate rates with unlimited mileage, or if a lower rate is
     available at the time of reservation, an additional discount of up to
     10% off the promotional rate
  *  No additional driver fees with the corporate rate
  *  Complimentary Fastbreak Service so that travelers can bypass the
     counter and go directly to their car of choice

In addition, all travelers can enjoy "Rapid Return" at major airport locations that enables them to return their cars and obtain receipts right in the lot, without ever visiting the counter.

"Budget is committed to helping small businesses save on travel without sacrificing service and reliability," stated Chuck Fallon, executive vice president of sales for Cendant Car Rental Group, the parent company of Budget. "The new program is a natural extension of the Budget commitment to provide value and quality to all renters and a reflection of the continued investment we are making in the brand."

For more information or to enroll in the Budget Business Program, call 1-800-822-7379, visit www.budget.com/BizProgram or contact your travel agent.

About Budget

Budget Rent A Car System, Inc. is the owner and franchiser of one of the world's best-known car rental brands with more than 1,900 car rental locations in the U.S., Canada, Latin America, Caribbean, Australia and New Zealand. The company is a wholly owned subsidiary of Cendant Corporation , a diversified global provider of business and consumer services primarily within the travel and real estate sectors. For further information visit www.budget.com or www.cendant.com/media.

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