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Hertz Announces Stock Repurchase Program

1 August 1997

Hertz Announces Stock Repurchase Program

    PARK RIDGE, N.J., Aug. 1 -- The Hertz Corporation
announced that it has instituted a program to repurchase from time to time up
to 1.15 million shares of its Class A Common Stock.  This will be an ongoing
program to meet obligations the company anticipates it will incur during the
next two years under its incentive stock plan.

SOURCE  Hertz Corporation