Dollar Thrifty Automotive Group Announces Executive Appointments

TULSA, Okla., Dec. 14, 2004 -- Dollar Thrifty Automotive Group, Inc. today announced the following appointments were approved by the Company's Board of Directors. The announcement was made by Gary L. Paxton, DTG President and Chief Executive Officer.

Tom Adams has been promoted from Regional Staff Vice President to DTG Vice President - Operations, Florida Region. Adams joined Dollar Rent A Car in 1988 as General Manager of Southern California corporate locations. In 1991 Adams was named Director of U.S. Corporate Operations and was promoted to his most recent position as Regional Staff Vice President - Operations, Florida Region in 2002. Prior to joining Dollar, Adams worked for Hertz in various management positions. He is based at the Company's Florida Operations office in Tampa.

Jim Bowen has been promoted from Regional Staff Vice President to DTG Vice President - Operations, Pacific Region. Bowen is an 18-year veteran of the car rental industry. He joined DTG in 1999 as Regional Staff Vice President of Operations in Hawaii. Before joining DTG, Bowen served in several management positions with Alamo Rent A Car including Vice President of Operations - Central Division. He is based at the Company's Pacific Region office in Honolulu.

Jim Duffy has been promoted from Regional Staff Vice President to DTG Vice President - Operations, East Region. With over 30 years of experience in the car rental industry, Duffy began his career with National Car Rental in 1973 progressing through the ranks including serving as Director of Operations for Southern California. Duffy joined DTG in 1996 as Regional Staff Vice President - Operations, East Region. Duffy earned his bachelor's degree from Johns Hopkins University. He is based at the Company's East Region office in Southlake, Texas.

Dan Regan has been promoted from Regional Staff Vice President to DTG Vice President - Operations, West Region. Regan is also a seasoned car rental industry professional. He joined the Hertz Corporation in 1986. In 1989, Regan joined National Car Rental where he managed the company's west region operations and later was Director of Revenue Management. Joining DTG in 1995 as Regional Staff Vice President - Operations, Pacific Region, Regan was named to his most recent position of Regional Staff Vice President - Operations, West Region in 1999. He is based at the Company's West Region office in Los Angeles.

Joseph Adamo has been named Regional Staff Vice President - Canadian Operations and will be responsible for the Company's Canadian operations. An employee of DTG Canada since 1999, Adamo previously served as Chief Financial Officer. He received a distinguished MBA degree from the Schulich School of Business at York University. Adamo is based at the Company's Canadian Headquarters in Toronto.

Those mentioned above will report directly to Jay Foley, DTG Senior Executive Vice President - Corporate Operations.

"Tom Adams, Jim Bowen, Jim Duffy and Dan Regan have been instrumental in the rapid growth of the Dollar and Thrifty brands through acquiring licensees, opening new territories and fostering growth in existing operations," Foley said. "The revenues for which they are responsible have doubled since 1999. In addition, under their leadership, DTG continues to lead the industry in fleet utilization reflecting the sound operating strategy they have implemented in their respective regions.

"Joseph Adamo has played a strategic role during the recent process to improve the Company's Canadian Operations. We look forward to him continuing this leadership momentum."

Pam Peck has been promoted to Vice President and Treasurer. Peck joined Thrifty Car Rental in 1995 as Assistant Treasurer and was promoted to Staff Vice President and Treasurer in 1996. She was named DTG Treasurer in 1998. Peck's previous experience includes serving as Manager of Treasury Services for WorldCom. Peck received bachelor's and master's degrees in business administration from the University of Tulsa. Peck is based at the Company's worldwide headquarters in Tulsa and will continue to report to Steve Hildebrand, DTG Chief Financial Officer.

"Pam has done an excellent job leading our Treasury function and has significantly expanded our financing programs to support the Company's strategy and growth on a very efficient and competitive basis," Hildebrand said.

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 http://www.dtag.com/ .