Avis Launches 'Drive Free III'

PARSIPPANY, N.J., Aug. 16, 2005 -- Avis Rent A Car System, Inc. today announced the launch of "Drive Free III," the promotion that rewards Avis customers with a free weekend rental after renting three times between August 15 and December 15, 2005. Due to its unprecedented popularity with customers, Avis has distributed more than 200,000 free weekend travel certificates over the past two years.

"We love to give our customers free weekends," said Scott Deaver, executive vice president of marketing for Cendant Car Rental Group, the parent company of Avis. "We're pleased to provide a special bonus to our most loyal renters."

"Our corporate customers have especially embraced this promotion," stated Chuck Fallon, executive vice president of revenue generation. "Drive Free allows them to earn free weekend travel certificates when traveling on business - a reward they can later use for a leisure trip."

To earn the free rental, customers must register for the promotion online at http://www.avis.com/ or through the Avis reservation center (1-800-722- 5909). Customers who enrolled in last year's promotion will have their enrollment continued for 'Drive Free,' so there's no need to re-enroll. Qualifying rentals completed during the promotional period, including those booked under participating corporate rates, will apply toward the free weekend. Rentals completed at participating locations in the United States, Canada, Puerto Rico and the U.S. Virgin Islands will also apply.

All car classes count toward the free weekend. Customers must have a valid Wizard number to participate and must use it when renting. The free weekend certificate can be used on rentals commencing no later than May 15, 2006. Certificates are valid at participating locations in the United States, Canada, Puerto Rico and the U.S. Virgin Islands only, but cannot be redeemed at any Manhattan locations, including JFK, LaGuardia and Newark airports. Certain general blackout dates apply. Free weekend certificates will be mailed automatically within 30 days of a third rental. Optional products (such as refueling and insurances), taxes, concession recovery fees, consolidated facility ($10/contract in California) and other surcharges may apply to the free rental. Full terms and conditions can be found on http://www.avis.com/.

About Avis

Avis Rent A Car System, Inc. and its subsidiaries operate one of the world's leading car rental brands, providing business and leisure customers with a wide range of services at nearly 2,000 locations in the United States, Canada, Australia, New Zealand and the Latin American / Caribbean region. Avis is one of the world's top brands for customer loyalty, ranking as the number one car rental company in the 2004 Brand Keys(R) Customer Loyalty Index. The company is part of Cendant Car Rental Group, a wholly owned subsidiary of Cendant Corporation , a diversified global provider of business and consumer services primarily within the real estate and travel sectors. For more information visit http://www.avis.com/ or http://www.cendant.com/media.