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Budget Group Agrees to Form Strategic Alliance with Storage USA, Inc.

4 March 1999

Budget Group Agrees in Principle to Form Strategic Alliance with Storage USA, Inc.

    DAYTONA BEACH, Fla., March 4 -- Budget Group, Inc.
, which owns Budget Rent a Car Corporation and Ryder TRS, Inc.,
announced today that it reached an agreement in principle to create a
strategic alliance with Storage USA, Inc. and Storage USA
Franchise Corp., an affiliate of Storage USA.  Storage USA is the nation's
second-largest self-storage company and operates 485 self-storage facilities
in 31 states and the District of Columbia.
    Under the proposed alliance, Storage USA and Budget Group will form an
alliance to:

      -- brand selected Storage USA facilities as "Budget Storage USA" and
         market the new Budget Storage USA franchise to other independent
         self-storage operators;
      -- grant Storage USA the right to offer Budget and Ryder truck rentals
         at its facilities across the country; and
      -- share truck rental and self-storage leads received from the
         companies' toll-free numbers (Budget, 1-800-4A-TRUCK; Ryder,
         1-800-GO-RYDER; Storage USA, 1-800-STOR-USA).

    Budget Group Chairman and CEO Sandy Miller said, "This strategic alliance
will allow us to strengthen our presence in the local market by offering self-
moving and other Budget Group companies' products and services at Storage USA
and to grow our local market distribution through the expansion of the new
Budget Storage USA franchise system."
    Both Miller and Dean Jernigan, chairman and CEO of Storage USA, recognize
the high percentage of truck-rental customers who need self-storage and the
high percentage of self-storage customers who need truck rental.  Miller
added,  "Our objective is to become the largest self-move, self-storage entity
in the marketplace.  This alliance expands on our strategy at Budget Group to
capitalize on the synergies between our Budget and Ryder truck rental
businesses and related industries like self-storage to reach more customers
more efficiently."
    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 car rental company serving the insurance replacement market.
The company also operates VPSI, 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.
    Storage USA Inc. is a Memphis-based fully integrated, self-administered
and self-managed real estate investment trust (REIT), which is engaged in the
management, acquisition, development, construction and franchising of
self-storage facilities.  Of 485 self-storage facilities located in 31 states
and the District of Columbia, the company currently owns 422 facilities
containing approximately 27.8 million square feet and manages 63 facilities,
including franchises, containing approximately 4.1 million square feet.
    Statements made in this press release that are not historical in nature
may include 'forward-looking statements' within the meaning of the federal
securities laws.  It is important to note that these statements involve a
number of risks, uncertainties and other factors that could cause Budget
Group, Inc.'s actual results to differ materially from those projected in such
forward-looking statements.  Additional information concerning such matters is
contained in the Company's Annual Report on Form 10-K for the year ended
December 31, 1997, and other documents subsequently filed by the Company with
the SEC, all of which are available from the SEC.