Avis Budget Group Chief Executive Officer Ronald L. Nelson to Present at the Credit Suisse 2008 Global Leveraged Finance Conference

Live Webcast Available Wednesday, March 26 at 11:40 a.m. (ET)

PARSIPPANY, N.J., March 24 -- Avis Budget Group, Inc. , a leading provider of vehicle rental services, today announced that Ronald L. Nelson, Chairman and Chief Executive Officer, is scheduled to present at the Credit Suisse 2008 Global Leveraged Finance Conference on Wednesday, March 26, 2008 in Phoenix, Arizona.

Mr. Nelson's presentation will be webcast live at 11:40 a.m. ET (8:40 a.m. local Arizona time) on March 26. To listen to the discussion, visit the Avis Budget Group website at www.avisbudgetgroup.com/investor_relations and click on the link provided. A webcast replay will be available shortly after the live presentation, and will be archived on the website.

About Avis Budget Group

Avis Budget Group, Inc. is a leading provider of vehicle rental services, with operations in more than 70 countries. Through its Avis and Budget brands, the Company is the largest general-use vehicle rental company in each of North America, Australia, New Zealand and certain other regions based on published airport statistics. Avis Budget Group is headquartered in Parsippany, N.J. and has more than 30,000 employees. For more information about Avis Budget Group, visit www.avisbudgetgroup.com.