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Budget Group Promotes Mark Sotir to President, Budget Rent a Car, North America

5 January 1999

Budget Group Promotes Mark Sotir to President, Budget Rent a Car, North America

    DAYTONA BEACH, Fla., Jan. 5 -- Budget Group, Inc. ,
today announced that Mark Sotir, 35, has been promoted to president of Budget
Rent a Car Corporation, North America.  In 1998, Sotir was appointed senior
vice president, Operations and Reservations at Budget Group, where he oversaw
Worldwide Reservations Services and other wholly owned subsidiaries.
    Since joining Budget in 1995, Sotir has made significant contributions to
the company in the areas of marketing and advertising, pricing and revenue
management, worldwide reservations and operations.
    Previously, as senior vice president, Worldwide Marketing for Budget Rent
a Car, Sotir was instrumental in developing state-of-the-art revenue and
pricing programs and in creating innovative marketing strategies for the
company.  Most notably, he led the efforts to create a new brand identity for
Budget, with a focus on "the driving experience" and the introduction of the
company's new "Get out of the ordinary" themeline.  In addition, he recently
spearheaded the launches of a number of new programs, including: Unlimited
Budget, a one-of-a-kind travel agent reward program featuring a MasterCard(R)
debit card; Perfect Drive, an all-new customer loyalty program with more than
500,000 members; and Fastbreak, the company's express service with paperless
transactions.  Sotir was also vital to the launch of Budget's web site:
http://www.drivebudget.com, which now has its own booking engine and has been
very effective in generating online reservations.
    "Mark's worldwide marketing, management and operations expertise coupled
with his innovative approach to driving revenue and building the Budget brand
make him ideally suited to run the company's North American operations,"
states Sandy Miller, chairman and CEO of Budget Group.
    Prior to joining Budget, Sotir spent six years at the Coca-Cola Company,
most recently as group marketing manager.  Sotir received a bachelor's degree
in economics from Amherst College and earned a master's degree of Business
Administration from Harvard Business School.
    Budget Group, Inc. is a global network of vehicle rental and sales
companies operating in three principal segments: Car Rental, Truck Rental and
Car Sales.  In Car Rental, Budget Group, through subsidiary companies and
their franchisees, operates Budget Rent a Car Corporation, the world's third
largest car and truck rental system, and Premier Car Rental, the nation's
third largest company serving the insurance replacement market.  The company
also operates Van Pool Services, the U.S. leader in commuter van pooling
services, and Budget Airport Parking, a system of airport parking units
located adjacent to Budget Rent a Car facilities in select locations.  In
Truck Rental, Budget Group operates Ryder TRS, the nation's second largest
consumer truck rental company; Budget Truck Rental, the third largest consumer
truck rental company; and Cruise America, the largest recreational vehicle
rental and sales company in North America.  In Car Sales, Budget Group
operates Budget Car Sales, one of the leading independent retailers of late
model vehicles in the U.S. with both new and used car dealerships.