Hertz Equipment Rental Expands Into Mongolia

                 Hertz Equipment Rental Expands Into Mongolia

World leading equipment rental provider enters franchise agreement with
Consolidation Services to operate Hertz Equipment Rental brand in Mongolia

PR Newswire

PARK RIDGE, N.J., April 22, 2013

PARK RIDGE, N.J., April 22, 2013 /PRNewswire/ -- The Hertz Corporation (NYSE:
HTZ) has announced that Hertz Equipment Rental Corporation has entered into a
franchise agreement with Consolidation Services Inc. through its wholly owned
subsidiary Mongolia Equipment Rental Corporation. Consolidation Services will
have the exclusive license to provide rental equipment in Mongolia utilizing
the "Hertz Equipment" brand and proprietary system, starting from a
commencement date of July 1, 2013. This move will significantly add to Hertz
Equipment Rental's existing network in Asia.

(Logo: http://photos.prnewswire.com/prnh/20110810/NY50373LOGO)

Lois Boyd, Group President, Hertz Equipment Rental Corporation, said: "We are
very excited to launch in Mongolia through our partnership with Consolidation
Services Inc. The nation is one of the most exciting new markets for the
world's mining industry. With its double digit GDP growth (estimated at 15.74%
by the IMF for 2013) and influx of foreign investments, the country is also
experiencing a boom in construction and infrastructure development."

Former US Ambassador and Chairman of Consolidation Services and Hertz
Equipment Mongolia, Mr Michael Ussery, added: "Mongolia's resource-led economy
offers a huge market opportunity for equipment rental. We are delighted to
join the Hertz global equipment rental network, giving us access to hundreds
of equipment and tool manufacturing partners. This will enable us to provide a
full array of equipment rental services to meet a variety of mining,
construction, infrastructure development and other equipment rental needs."

The Hertz Equipment Mongolia business will offer a broad range of mining,
construction and infrastructure development equipment for rent and sale along
with spare parts, repair and other services. The equipment categories under
the franchise agreement include:

  oAerial Equipment (mobile platform lifts, personnel lifts and bucket
    trucks)
  oAir Equipment (portable and towable compressors and accessories, air tools
    and hammers, sandblast equipment and accessories)
  oCompaction and Paving Equipment (plate and rammer tampers, rollers,
    concrete and asphalt compacting and paving equipment)
  oConcrete and Masonry Equipment (concrete and mortar mixers, vibrators,
    saws, trowel machines, power buggies and surfacing equipment)
  oCranes (truck mounted and carry deck cranes)
  oEarthmoving Equipment (dozers, loaders, tractors, backhoes, maintainers,
    trenchers, skid steers, excavators, boring and tunneling equipment and
    accessories)
  oElectrical Equipment (generators, electrical tools and lighting equipment
    and accessories)
  oMaterial Handling Equipment (construction and industrial forklifts,
    winches, hoists and jacks)
  oPumping Equipment (centrifugal, diaphragm, trash and submersible pumps and
    accessories)
  oStorage Containers
  oTemperature Control Equipment
  oTrucks and Trailers (flatbed and box dumps, water trucks and water
    trailers, towable open trailers and pickup trucks)
  oWelding Equipment (welders and accessories)
  oTrench Shoring Equipment
  oScaffolding

About The Hertz Corporation
Hertz operates its car rental business through the Hertz, Dollar and Thrifty
brands from approximately 10,400 corporate, licensee and franchisee locations
in North America, Europe, Latin America, Asia, Australia, Africa, the Middle
East and New Zealand. Hertz is the largest worldwide airport general use car
rental brand, operating from approximately 8,800 corporate and licensee
locations in approximately 150 countries. Hertz is the number one airport car
rental brand in the U.S. and at 111 major airports in Europe. Dollar and
Thrifty have approximately 1,580 corporate and franchisee locations in
approximately 80 countries. Hertz is an inaugural member of Travel + Leisure's
World's Best Awards Hall of Fame and was recently named, for the thirteenth
time, by the magazine's readers as the Best Car Rental Agency. Hertz was also
voted the Best Overall Car Rental Company in Zagat's 2012/13 U.S. Car Rental
Survey, earning top honors in 14 additional categories, and the Company swept
the global awards for Best Rewards Program and Best Overall Benefits from
FlyerTalk.com. Product and service initiatives such as Hertz Gold Plus
Rewards, NeverLostĀ®, and unique cars and SUVs offered through the Company's
Adrenaline, Prestige and Green Traveler Collections, also set Hertz apart from
the competition. Additionally, Hertz owns the vehicle leasing and fleet
management leader Donlen Corporation and operates the Hertz On Demand car
sharing business. The Company also owns a leading North American equipment
rental business, Hertz Equipment Rental Corporation, which includes Hertz
Entertainment Services.

CONTACT (U.S.):  CONTACT (International):

Paula Rivera       Zoe White

(201) 307-2824     +44 1895 553 887

privera@hertz.com  zoewhite@hertz.com

                  

SOURCE The Hertz Corporation
 
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