Budget Makes Donation to the Tom Joyner Foundation in Support of Historical Black Colleges and Universities

PARSIPPANY, N.J., Nov. 18, 2005 -- Budget Rent A Car System, Inc. today announced that it has donated $10,000 to the Tom Joyner Foundation to help students continue their education at Historical Black Colleges and Universities (HBCUs). Budget raised money for the Foundation, formed by the nationally syndicated radio personality, by offering morning show listeners a discount on weekly and weekend rates. For every completed rental made in connection with the Tom Joyner Sky Show discount promotion, Budget donated $1.00 to the Foundation.

"Tom Joyner's listener base responded very well to the Budget promotion," stated Scott Deaver, executive vice president of marketing for Cendant Car Rental Group, parent of Budget. "We value their loyalty and are proud to present the Tom Joyner Foundation with a check for $10,000."

Tom Joyner, whose nationally syndicated radio show is aired in 115 markets reaching nearly 8 million listeners, said, "Thanks to Budget, we're keeping kids in school. The Foundation and the many students are grateful for the donation."

About the Tom Joyner Foundation

Since 1998, the Foundation has raised more than $30 million and helped some 80 colleges and thousands of deserving students who attend HBCUs. Since its inception, the foundation has assisted every HBCU, which is defined as "any historically black college or university that was established prior to 1964, whose principal mission was, and is, the education of black Americans."

About Budget

Budget Rent A Car System, Inc. is the owner and franchiser of one of the world's best-known car rental brands with more than 1,800 car rental locations in the U.S., Canada, Latin America, Caribbean, Australia and New Zealand. 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 travel and real estate sectors. For further information visit http://www.budget.com/ or http://www.cendant.com/media.