Financial News Releases

AVIS BUDGET GROUP PLANS TO ANNOUNCE FOURTH QUARTER AND FULL-YEAR 2009 RESULTS ON FEBRUARY 17

Conference Call to Discuss Results Planned for February 18, 2010

PARSIPPANY, N.J. 02-08-2010 —

Avis Budget Group, Inc. (NYSE: CAR) announced today that it plans to report its fourth quarter and full-year 2009 results after the market close on February 17, 2010 and host a conference call to discuss such results on February 18, 2010 at 9:00 a.m. Eastern time.

Investor Conference Call
Avis Budget Group will host a conference call to discuss fourth quarter and full-year results on Thursday, February 18, 2010, at 9:00 a.m. (ET).  Investors may access the call live at www.avisbudgetgroup.com or by dialing (210) 234-0038, and providing the access code “Avis Budget.”  Investors are encouraged to dial in approximately 10 minutes prior to the call.  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 February 18, 2010 until 8:00 p.m. (ET) on February 25 at (402) 998-1687, 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 23,000 employees.  For more information about Avis Budget Group, visit www.avisbudgetgroup.com.

Contacts:
Media Contact:
John Barrows
973-496-7865

Investor Contacts:
David Crowther
973-496-7277

Neal Goldner
973-496-5086