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Local Thrifty Car Rental Purchases Bay Area Rentals

12 October 1999

Local Thrifty Car Rental Purchases Bay Area Rentals

    SAN FRANCISCO, Oct. 11 -- Three Thrifty Car Rental franchise
owners in San Francisco have purchased Bay Area Rentals, a local car, truck
and van rental company with 17 locations and approximately 1,100 cars.
    Thrifty franchisee J.M.T. Leasing, Inc., owned by John and Jim Tennant,
has purchased 11 of the 17 Bay Area Rentals stores.  Prior to the acquisition,
J.M.T. Leasing was already the largest locally-owned car rental operator in
Northern California.
    With the purchase, the number of Thrifty Car Rental locations in the Bay
area will increase from 19 locations to 35.  All are scheduled to be converted
to Thrifty Car Rental effective November 1, 1999.  One Thrifty location will
be closed due to overlapping coverage with one of the Bay Area Rentals stores.
    "With the purchase of these new locations, this further strengthens
Thrifty's local presence in the Bay area," said Tennant.  "The acquisition of
Bay Area Rentals comes on the heels of our recent move into San Francisco
International's new consolidated car rental facility, which has already made a
huge impact on our ability to serve customers at the airport."
    The remaining six Bay Area Rentals locations have been purchased by JJR,
Inc. and RPM Motors, L.L.C., both owned by Rod Henrikson of Antioch, and San
Ramon Carriage Co., Inc., owned by David and Barbara McDougall of Oakland.
All are longtime Thrifty Car Rental franchise owners.
    According to Tennant, Thrifty plans to grow the locations significantly
over time, and expects to increase current fleet levels.
    Wayne Batmale, owner of Bay Area Rentals, has been in the car rental
business since 1970 and will continue to be associated with Thrifty Car
Rental.
    To make a reservation with Thrifty anywhere in the world, customers may
contact their professional travel consultant, call 1-800-THRIFTY(SM) in the
U.S. or Canada, or log on to the Thrifty web site at http://www.thrifty.com.
    Thrifty Car Rental, a subsidiary of Dollar Thrifty Automotive Group, Inc.
, is an international network of about 1,200 locations in
67 countries around the world.  Thrifty serves both the airport market and the
local car rental market, and is one of the largest airport parking operators
in the U.S. with more than 14,000 spaces in 48 cities.