Dollar Thrifty Automotive Group Executive Vice President to Retire

TULSA, Okla., Aug. 26, 2004 -- Dollar Thrifty Automotive Group, Inc. today announced that Peter G. Guptill, Executive Vice President-International, intends to retire on September 13, following over 10 years of service to the company. Yves Boyer, who has been serving as Executive Vice President for DTG's Canadian operations, will succeed Guptill.

Guptill, 62, joined the company in 1993 as President of Dollar Rent A Car's Florida operations. In January 1995 he was also named General Manager of Dollar's International Division in addition to his other responsibilities.

Before joining Dollar, Guptill achieved a distinguished career in the automotive industry including serving as Group Vice President, sales and marketing, for American Motors where he was instrumental in developing the strength of the Jeep brand. In addition, Guptill was Senior Vice President of Motors Management Corporation, a multi-dealership organization, and Executive Vice President, General Operations Manager of Southeast Toyota Distributors, Inc.

"Peter was primarily instrumental in the turnaround of the company's Florida division," Gary L. Paxton, President and Chief Executive officer, said. "Under his leadership, the company's Florida operation improved from loosing money to the best profit margin region in the corporate operations. Peter also strengthened the company's penetration of inbound international business, positioning Dollar as a leader in this important segment of the leisure rental car market."

Guptill is a member of the State of Florida Commission on Tourism and a member of the board of Directors of the Travel Industry Association of America. He earned a degree from the University of Colorado and served as an officer in the U.S. Navy.

Dollar Thrifty Automotive Group, Inc. is a Fortune 1000 Company headquartered in Tulsa, Oklahoma. Driven by the mission, Value Every Time, the Company's brands, Dollar Rent A Car and Thrifty Car Rental, serve value- conscious travelers in approximately 70 countries. Dollar and Thrifty have approximately 800 corporate and franchised locations in the United States and Canada, and they have operations at most major airports. The Company's more than 8,000 employees are located mainly in North America, but global service capabilities exist through an ever expanding franchise network. For additional information, visit http://www.dtag.com/ .

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