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The Hertz Corporation Declares Quarterly Dividend

27 July 1998

The Hertz Corporation Declares Quarterly Dividend

    PARK RIDGE, N.J., July 24 -- The Board of Directors of The
Hertz Corporation , the world's largest car rental company and a
leading construction and industrial equipment rental business in the U.S., has
declared a quarterly dividend of $0.05 per share on its Class A and Class B
Common Stock payable on September 10, 1998 to shareholders of record as of
August 14, 1998.
    The Hertz Corporation, headquartered in Park Ridge, N.J., operates from
over 5,500 locations throughout the U.S. and in approximately 140 foreign
countries.