Financial News Releases

AVIS BUDGET GROUP CHIEF FINANCIAL OFFICER DAVID B. WYSHNER TO PRESENT AT THE DEUTSCHE BANK HIGH YIELD CONFERENCE

Live Webcast Available Wednesday, October 4 @11:35 a.m.

PARSIPPANY, N.J. 09-28-2006 — Avis Budget Group, Inc. (NYSE: CAR), a leading provider of vehicle rental services, today announced that David B. Wyshner, chief financial officer, is scheduled to present at the Deutsche Bank High Yield Conference on Wednesday, October 4, 2006 at the Phoenician Hotel in Scottsdale, Arizona.

Mr. Wyshner's presentation will be webcast live at 11:35 a.m. EDT, Wednesday, October 4. To listen to the discussion, visit the Avis Budget Group website at www.avisbudgetgroup.com and click on the link provided.  A webcast replay will be available shortly after the live presentation, and will be archived on the website.

Avis Budget Group, Inc.
Avis Budget Group 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.  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.

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John Barrows 
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