Financial News Releases

AVIS BUDGET GROUP CHIEF FINANCIAL OFFICER DAVID B. WYSHNER TO PRESENT AT LEHMAN BROTHERS CONFERENCE

Live Webcast Available Thursday, March 13 at 10:50 a.m. (EDT)

Parsippany, N.J., 03-10-2008 —

Avis Budget Group, Inc. (NYSE: CAR), a leading provider of vehicle rental services, today announced that David B. Wyshner, Executive Vice President and Chief Financial Officer, is scheduled to present at Lehman Brothers’ High Yield Bond and Syndicated Loan Conference on Thursday, March 13, 2008.

Mr. Wyshner’s presentation will be webcast live at 10:50 a.m. EDT on March 13.  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.

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 leading 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.

Contacts

Media Contact:    
John Barrows     
973-496-7865                 

Investor Contact:
David Crowther
973-496-7277