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Press Release

Robert Lambert to Lead Corporate Sales at Cendant Car Rental Group
Parsippany, NJ Apr 5, 2004 -

Cendant Car Rental Group, Inc., owner of Avis Rent A Car System, Inc. and Budget Rent A Car System, Inc., today announced that Robert Lambert has been promoted to senior vice president of corporate sales. In this role, he will oversee the corporate and insurance replacement sales functions for Avis and Budget.

Lambert brings over 24 years of experience to the newly created position. He has served as district sales representative, district sales manager, national account manager and, most recently, as regional sales vice president for the Western region, since 1990.

“Bob is perfect for this leadership position,” said Chuck Fallon, executive vice president of revenue generation for Cendant Car Rental Group. “He has a track record of success in developing relationships with corporate clients. The company will continue to benefit greatly from his experience and leadership.”

Lambert, who has two sons, will relocate with his wife, Rae Lynn, to Northern New Jersey. He holds a bachelor’s degree from Texas Tech University in Lubbock, Texas.

About Budget

Budget Rent A Car System, Inc. is the owner and franchiser of one of the world's best-known car rental brands with more than 1,900 car rental locations in the U.S., Canada, Latin America, Caribbean, Australia and New Zealand. The company is a wholly owned subsidiary of Cendant Corporation (NYSE: CD), a diversified global provider of business and consumer services primarily within the travel and real estate sectors. For further information visit budget.com or cendant.com/media.


Alice Pereira
Senior Associate, Public Relations
Cendant Car Rental Group
6 Sylvan Way
Parsippany, NJ 07054
973-496-6113
alice.pereira@cendant.com

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