Dollar Thrifty Automotive Group Acquisitions Make California Dreaming a Reality

Acquisitions Include Operations in Los Angeles and San Diego

TULSA, Okla., Oct. 26 -- Dollar Thrifty Automotive Group, Inc. today announced an agreement to acquire the Thrifty Car Rental franchise operations in two of the nation's premier tourist destinations - Los Angeles and San Diego, California, effective November 1. The Thrifty Los Angeles operation is located in-terminal at Los Angeles International Airport, one of the busiest airports in the world. The Thrifty San Diego location services the San Diego International Airport which has over 15 million passengers annually. The acquisitions add two locations and approximately 3,300 vehicles, on an annualized basis, to the company's corporate rental fleet. The terms of the transactions were not disclosed.

"With the acquisition of the Los Angeles and San Diego franchises, the Company now operates both the Dollar and Thrifty brands corporately in the top California airports, " Jay Foley, Senior Executive Vice President - Corporate Operations, said. "The added presence in Southern California, along with existing significant operations in Hawaii, Florida, Las Vegas and Phoenix accents the strong leisure coverage for Dollar Thrifty. In terms of potential, these two acquisitions will provide the Company with significant operational efficiencies throughout the state of California."

Since announcing its corporate growth strategy to acquire locations in the top 75 U.S. airports from existing franchisees and operate them corporately, the Company has acquired 35 key U.S. and Canadian markets and opened eight new Dollar or Thrifty locations adding approximately 26,000 vehicles, on an annualized basis, to the company's rental fleet.

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 expanding international franchise network. For additional information, visit dtag.com.