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Press Release

Budget Rent A Car Announces Canadian Rate Increase
Parsippany, NJ May 19, 2006 -

Budget Rent A Car System, Inc. today announced a rate increase for rentals in Canada between three and five percent on all retail rates. Effective immediately, Budget Rent A Car locations in the greater Montreal area (excluding Pierre Eliot Trudeau International) will increase all retail rental rates, including daily and weekend rentals. 

In Quebec City all locations (excluding Jean Lesage International Airport) will have their weekly and weekend rates increased, effective immediately. These price increases offset higher fleet, fuel and interest costs experienced by Budget in recent months.

Budget continues to deliver great vehicles with exceptional service and at competitive rates. We look forward to continuing to greet our customers and provide them with a wide selection of late model vehicles for all their needs. 

To make a reservation or for additional information, visit www.budget.com or call 1-800-527-0700.

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 1,800 car rental locations in the US, Canada, Latin America, Caribbean, Australia and New Zealand.  The company also operates Budget Truck Rental and is part of Avis Budget Car Rental, LLC (formerly Cendant Car Rental Group), 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 www.budget.com or www.cendant.com/media.

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