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Avis Rent A Car Introduces Avis InterActive

8 June 2000

Rent A Car Industry's First Internet Based Reporting System
         
    GARDEN CITY, N.Y. - Avis Rent A Car, a member of Avis Group Holdings, Inc. ,
today announced the introduction of the first Internet based information system 
in the rent a car industry called Avis InterActive.  This sophisticated Internet
based application and data warehouse is designed to provide corporate customers 
with complete and current information on their car rental usage and expenses by 
capitalizing upon Avis' already existing rental car database.  Avis InterActive 
is derived from Avis Group's award winning PHH InterActive system that has been 
the cornerstone of PHH's success in the fleet management industry.

    "Avis Group's Internet based e-business system platform offers our
customers comprehensive data so they may operate more effectively and
efficiently," said Barry Rand, Avis Group Chairman and Chief Executive
Officer.  "By leveraging our competencies and capabilities, we enhance our
ability to find new business in the rental car marketplace as well as identify
and execute other revenue-enhancing opportunities for the Company."

    Avis InterActive enables corporate customers access via the Internet to
aggregated information on car rental expenses and utilization as well as
specific renter preferences.  The information is presented in a format that
allows easy analysis by travel managers and accountants on their own desktop
computers.

    "The use of this web based and data warehouse technology represents the
Company's commitment to further enhance our customers' 'Avis Experience' by
providing them with the information to better manage their car rental
expenses," said Robert Salerno, President and Chief Operating Officer, Rental
Car Group.  "When combined with our long-standing commitment to provide
exceptional and personalized service, Avis InterActive will afford us a
competitive advantage."

    Larry Kinder, Senior Vice President and Chief Information Officer of Avis
Group commented, "Avis InterActive is a game-changing achievement that
demonstrates Avis Group's agility and speed in leveraging its technology
assets, Internet applications and people across its companies and across
industries.  Our customers, as our partners, will benefit tremendously from
the technology and the vast information access it provides."
Avis is currently offering this sophisticated system to select companies and
anticipates expanding access to all eligible corporate accounts by early
summer.

    Avis Group Holdings, Inc. is one of the world's leading service and
information providers of comprehensive automotive transportation and vehicle
management solutions.  Avis Group operates the second largest general-use car
rental business in the world, with locations in the United States, Canada,
Australia, New Zealand and the Latin American Caribbean region.  In 1999, the
Company acquired PHH Vehicle Management Services, the world's second largest
fleet management and leasing company, together with Wright Express, the
world's largest fleet card provider.  Avis Group manages a fleet of
approximately 1 million vehicles and has over 4 million fleet cards
outstanding.  Annually, the Company generates over $4 billion in total
revenue.