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The Hertz Corporation Declares Quarterly Dividend

4 February 1999

The Hertz Corporation Declares Quarterly Dividend
    PARK RIDGE, N.J., Feb. 3 -- 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 March 10, 1999 to shareholders of record as of
February 15, 1999.
    The Hertz Corporation, headquartered in Park Ridge, N.J., operates from
over 5,500 locations throughout the U.S. and in over 140 foreign countries.