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Dollar Rent A Car Texas Locations Purchase Complete

14 March 2000

Dollar Rent A Car Texas Locations Purchase Complete

    TULSA, Okla., March 13 Dollar Rent A Car, a subsidiary of
Dollar Thrifty Automotive Group, Inc. , today announced it has
closed the purchase of all of the DOLLAR(R) locations in the state of Texas
formerly operated by its licensee, JFC Automotive Rental Group, L.L.C., for an
undisclosed price.
    In the transaction, Dollar acquired JFC's seven in-terminal locations at
the airports serving San Antonio, Corpus Christi, Brownsville/South Padre
Island, Harlingen, McAllen, Midland and Abilene.  In addition, nine other
rental locations situated in these cities, including two city locations in San
Antonio, were included in the transaction.  The acquisition included the
franchise rights and fixed assets.
    JFC will continue to operate its current rental car operations as a DOLLAR
licensee in the state of Colorado, including its locations in Aspen, Colorado
Springs, Durango and Montrose.
    Dollar Rent A Car has approximately 430 worldwide locations in
26 countries, with a significant presence in Australia, Canada, the Caribbean
and Latin America, including 260 locations in the United States.  The company
and its licensees have locations at most major airports across the nation, and
a fleet of 97,000 vehicles.  Through its alliance with Sixt rent a car, Dollar
offers service in more than 25 additional countries covering Europe, the
Middle East and Africa.  DOLLAR worldwide headquarters is located in Tulsa,
Okla.  For additional information, the DOLLAR Web address is dollar.com.
Dollar.com is the number one ranked Internet car rental site by Gomez
Advisors.