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Read While You Drive!

19 February 1998

Avis Rent A Car, Inc. to Offer The Wall Street Journal To Avis Preferred Customers

    GARDEN CITY, N.Y., Feb. 19 -- Avis Rent A Car, Inc.
today announced a two-year agreement with Dow Jones & Company,
Inc. to offer daily distribution of The Wall Street Journal to all
Avis Preferred Renters in the top 23 Preferred Renter markets throughout the
United States.
    Under the terms of this agreement, which is effective immediately, Avis
will receive a daily shipment of The Wall Street Journal for distribution to
Preferred Renters at the 23 Avis locations included in the initial phase of
the program.  Dow Jones and Avis plan to expand this service to include other
Avis locations after this initial program is underway.
    The initial locations are:  Atlanta, Baltimore, Boston, Chicago,
Cleveland, Denver, Detroit, Ft. Lauderdale, Houston, Kansas City, Las Vegas,
Los Angeles, Minneapolis/St. Paul, Newark, Orlando, Philadelphia, Phoenix, San
Diego, San Francisco, San Jose, Seattle, St. Louis, and Washington D.C.
    Ron Masini, vice president of product and program development for Avis
said, "We are very pleased to be the first rent-a-car company to partner with
The Wall Street Journal on this exciting new program.  This is just one of the
many special services we offer to our customers as part of our overall mission
to provide a convenient, stress-free rental experience."
    William E. Casey, vice president of circulation for The Wall Street
Journal said, "Our partnership with Avis will allow us to provide Avis'
business customers with a convenient new way to get the Journal when they
travel.  We look forward to working closely with Avis, which shares our
commitment to making customer service the priority."
    The Avis Preferred Renter Program is a service that allows customers to
bypass the rental counter and go directly to their car.  It adds a new level
of speed and convenience to business and personal car renters.  Call Avis
toll-free at 800-525-7530 to enroll in the Preferred Renter Program.

    About Dow Jones
    In addition to The Wall Street Journal and its international and Internet
editions, Dow Jones & Company publishes Barron's magazine and other
periodicals, the Dow Jones Indexes, electronic information services and the
Ottaway group of community newspapers.  CNBC Worldwide is a service of NBC and
Dow Jones.

    About Avis Rent A Car
    Avis Rent A Car, Inc. operates the second largest general use car rental
business in the world, based on total revenue and volume of rental
transactions.  The Company rents vehicles to business and leisure travelers
through over 600 locations in the United States, Canada, Puerto Rico, the U.S.
Virgin Islands, Argentina, Australia and New Zealand.  Annually, the Company
completes approximately 15 million rental transactions with a fleet that
averages approximately 200,000 vehicles, generating over $2 billion in
revenue, 88% of which is derived from its operations in the United States.

SOURCE  Avis Rent A Car, Inc.