Financial News Releases

AVIS BUDGET GROUP PLANS TO ANNOUNCE THIRD QUARTER RESULTS ON NOVEMBER 2

Conference Call to Discuss Results Planned for November 3, 2009

PARSIPPANY, N.J., 10-15-2009 — Avis Budget Group, Inc. (NYSE: CAR) announced today that it plans to report its third quarter 2009 results after the market close on November 2, 2009 and host a conference call to discuss such results on November 3, 2009 at 9:00 a.m. Eastern time.

Investor Conference Call
Investors may access the November 3rd call live at www.avisbudgetgroup.com or by dialing (210) 234-0038 and providing the access code “Avis Budget.”  A web replay will be available at www.avisbudgetgroup.com following the call.  A telephone replay will be available from 2:00 p.m. (ET) on November 3, 2009 until 8:00 p.m. on November 10, 2009 at (402) 220-9786, access code: “Avis Budget.”

About 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 a 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 approximately 24,000 employees.  For more information about Avis Budget Group, visit www.avisbudgetgroup.com.

Investor Contact
David Crowther
(973) 496-7277