---

Budget Group, Inc. Completes Consent Solicitation

19 June 1998

Budget Group, Inc. Completes Consent Solicitation from Holders of the 10% Senior Subordinated Notes Due 2006 of Ryder TRS, Inc.

    DAYTONA BEACH, Fla., June 18 -- Budget Group, Inc.
announced today that consents to certain amendments to the indenture relating
to the US$175 million 10% Senior Subordinated Notes Due 2006 of Ryder TRS,
Inc. have been received from holders of more than a majority of the total
outstanding principal amount of the notes.
    Consents to the amendments were being solicited by Budget Group pursuant
to an Offer to Purchase and Consent Solicitation Statement dated June 5, 1998
("Offer to Purchase Statement").  As described in the Offer to Purchase
Statement, Budget Group's offer to purchase the Notes will expire at
5:00 p.m., New York City time, on July 2, 1998.
    Any questions concerning the offer to purchase should be directed to
Credit Suisse First Boston Corporation, the Dealer Manager and Solicitation
Agent, or MacKenzie Partners, Inc., the Information Agent, at the telephone
numbers set forth below.

    Credit Suisse First Boston       MacKenzie Partners, Inc.
    212-325-3290                     212-929-5500
    800-221-1037                     800-322-2885

    Budget Group, Inc., through subsidiary companies and their franchisees,
operates Budget Car and Truck Rental, the third largest worldwide car and
truck rental system.  In addition, the company owns Premier Car Rental, which
serves the insurance replacement market.  Budget Car Sales is one of the
largest independent retailers of late model vehicles in the United States.
Cruise America is the largest recreational vehicle rental and sales company in
North America.  Budget Group also operates airport parking facilities and
through Van Pool Services leases vans for van pooling.