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The Hertz Corporation Declares Quarterly Dividend

21 October 1999

The Hertz Corporation Declares Quarterly Dividend

    PARK RIDGE, N.J., Oct. 21 -- The Board of Directors of The
Hertz Corporation , the world's largest car rental company and a
leading construction and industrial equipment rental business, has declared a
quarterly dividend of $0.05 per share on the company's Class A and Class B
Common Stock payable on December 10, 1999 to shareholders of record as of
November 15, 1999.
    The Hertz Corporation, headquartered in Park Ridge, N.J., operates from
6,300 locations in the U.S. and over 140 foreign countries.