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Press Release

Unlimited Budget® Offers Travel Professionals Around-The-Clock Rewards With ATM Access
Parsippany, NJ Sep 20, 2005 -

Budget Rent A Car System, Inc. today announced that members enrolled in Unlimited Budget®, the company’s loyalty program for travel professionals, can now redeem the value of their Unlimited Budget Prepaid MasterCard® Card rewards for cash at MasterCard automatic teller machines (ATMs) worldwide. 

Members enrolled in Unlimited Budget earn reward points for each qualifying transaction with Budget and its Unlimited Budget Hilton® hotel partners.  Once 25 points are earned, an Unlimited Budget Prepaid MasterCard Card worth $25 is issued.  Previously, the Unlimited Budget Prepaid MasterCard Card could only be used to make purchases anywhere MasterCard debit cards were accepted.  Now, members can withdraw cash at more than 900,000 MasterCard ATMs worldwide. 
 “Travel professionals play a big role in our business,” stated Gerard Quirk, vice president of global travel and partnership sales for Cendant Car Rental Group, parent of Budget.  “We’re proud to offer them a way to access their rewards more easily.” 

 Unlimited Budget members can earn valuable reward points on all completed business and leisure car rental transactions in the United States.  In addition, members can earn points for completed bookings with Budget hotel partners, including Hilton Hotels & Resorts®, Conrad®, Doubletree®, Embassy Suites Hotels®, Hampton Inn & Suites®, Hilton Garden Inn® and Homewood Suites® by Hilton hotels.
 Enrollment in Unlimited Budget is free and is open to travel professionals who are residents of the United States age 18 and over.  For more information or to enroll in Unlimited Budget, travel professionals can visit www.unlimitedbudget.com.

About MasterCard
MasterCard International is a leading global payments solutions company that provides a broad variety of innovative services in support of our global members' credit, deposit access, electronic cash, business-to-business and related payment programs. MasterCard International manages a family of well-known, widely accepted payment cards brands including MasterCard®, Maestro® and Cirrus® and serves financial institutions, consumers, and businesses in over 210 countries and territories. The MasterCard award-winning Priceless® advertising campaign is now seen in 97 countries and in 47 languages, giving the MasterCard brand a truly global reach and scope. For more information, go to www.mastercardinternational.com.

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 U.S., Canada, Latin America, Caribbean, Australia and New Zealand.  The company is part of 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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