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Budget Group Delays Fourth Quarter Earnings Release

24 February 2000

Budget Group Delays Fourth Quarter Earnings Release

    LISLE, Ill., Feb. 23 -- Budget Group, Inc.
announced today that it will delay the release of its fourth quarter and
year-end financial results until after the financial markets close on March 2.
The Company is finalizing the estimated effects of its discontinued operations
and completing audits of certain international operations.
    Budget Group anticipates that fourth quarter operating results from
continuing operations prior to non-recurring and other fourth quarter charges
will be in line with previously discussed consensus estimates.  Non-recurring
and other fourth quarter charges are expected to be approximately $105
million.
    Budget Group, Inc. owns Budget Rent a Car Corporation and Ryder TRS.
Budget is the world's third largest car and truck rental system and Ryder TRS
is the nation's second largest consumer truck rental company.  For more
information, visit the company's web site at http://www.budgetgroup.com .
    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, 1998, and other documents subsequently filed by the Company with
the SEC, all of which are available from the SEC.