Payless Car Rental Expands Down Under With New Affiliate Agreement

ST. PETERSBURG, Fla.--Jan. 2, 20040, 2004--Payless Car Rental System, Inc. announced today an affiliate agreement with Network Car & Truck Rentals Australia expanding the Payless brand to Australia and New Zealand.

Network Car & Truck Rentals operates 90 locations covering all Australian States. Reciprocal reservation systems and Internet links between Payless Car Rental and Network Car & Truck Rentals offers the exclusive exchange of bookings so customers can secure auto rentals worldwide through http://www.paylesscarrental.com.

"With its financial strength, franchise structure and plans for expansion, Network was an ideal partner to provide greater efficiencies, more availability and the continued high level of world-class services that customers have come to expect," said Michael J. Harley, president and chief operating officer, Payless Car Rental System, Inc.

Network Car & Truck Rentals brings over 50 years experience in the Australian car rental and franchising industry to the partnership. Owned by Denburr Pty Ltd., renting vehicles through a franchise network is the company's core business.

Through this new affiliation and the recent cooperative agreement with European Sixt Rent A Car, Payless Car Rental now has a presence in 60 countries with over 1,400 locations, and a fleet of 110,000 vehicles.

Payless Car Rental System, Inc. is a wholly-owned subsidiary of Avalon Global Group, Inc., a Florida-based, privately held company. For worldwide reservations, visit http://www.paylesscarrental.com or call 1-800-PAYLESS (729-5377).