The Federal Trade Commission Issues Final Consent Order On The Hertz/Dollar Thrifty Merger

 The Federal Trade Commission Issues Final Consent Order On The Hertz/Dollar
                                Thrifty Merger

PR Newswire

PARK RIDGE, N.J., July 11, 2013

PARK RIDGE, N.J., July 11, 2013 /PRNewswire/ --Hertz Global Holdings, Inc.
(NYSE: HTZ) ("Hertz" together with its subsidiaries, the "Company" or "we")
today announced that the Federal Trade Commission has issued a final consent
order regarding Hertz's acquisition of Dollar Thrifty Automotive Group. Hertz
acquired Dollar Thrifty in November 2012 pursuant to an interim agreement and
proposed consent order entered into between the company and the FTC at that
time. Under the terms of that agreement, which now have been embodied in the
final order with no substantive changes regarding Hertz's obligations, Hertz
divested its former Advantage car rental business, select airport concessions
and certain other assets to Franchise Services of North America, Inc.

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"We are pleased that the FTC has officially concluded its review of the Dollar
Thrifty transaction," said Mark P. Frissora, Hertz Chairman and Chief
Executive Officer. "Throughout this process we have worked closely with the
agency, and the result has been a transaction that we believe will benefit our
customers and shareholders for years to come."

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 Product and services such as Hertz Gold Plus Rewards,
NeverLost®, and unique cars and SUVs offered through the Company's Adrenaline,
Prestige and Green Traveler Collections, set Hertz apart from the competition.
Additionally, Hertz owns the vehicle leasing and fleet management leader
Donlen Corporation and owns a leading North American equipment rental
business, Hertz Equipment Rental Corporation, which includes Hertz
Entertainment Services.

SOURCE The Hertz Corporation

Contact: Leslie Hunziker, Hertz Investor Relations, (201) 307-2337,, or Richard Broome, Hertz Media Relations, (201) 538-9212,
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