Avis Budget Group Named the Exclusive Car Rental Provider for AARP Members

Avis Budget Group Named the Exclusive Car Rental Provider for AARP Members

PARSIPPANY, N.J., Aug. 15, 2013 (GLOBE NEWSWIRE) -- Avis Budget Group, Inc.
(Nasdaq:CAR) today announced that it has been selected as the exclusive car
rental provider for AARP members. The new multi-year agreement gives Avis
Budget Group the opportunity to promote its Avis Car Rental, Budget Car Rental
and Budget Truck Rental brands, products, services and special offers to
AARP's membership base of more than 37 million.

"AARP is a trusted source for millions of Americans," said Beth Kinerk, senior
vice president of sales, Avis Budget Group. "Being selected as the exclusive
car rental provider for such an influential organization will enable us to
strengthen our presence with the growing 50-and-over demographic as a means to
drive additional loyalty and revenue."

As part of the expanded partnership, Avis Budget Group will provide AARP
members with discounted rates and special offers on Avis, Budget and Budget
Truck rentals. The vehicle rental brands will be prominently featured in AARP
print channels such as AARP The Magazine, the world's largest circulation
magazine, as well as digital channels, including AARP's website and email
marketing campaigns.

"Our members consistently point to travel as their top aspiration, and our
members are always looking for savings on quality offerings that meet their
needs and our high standards," said John Wider, president and chief executive
officer of AARP Services, Inc. "After carefully evaluating many car rental
companies, we are pleased to announce this exclusive relationship with Avis
Budget Group."

The new agreement establishes Avis and Budget as exclusive AARP vehicle rental
partners following a non-exclusive relationship of more than 30 years.

About Avis Budget Group

Avis Budget Group, Inc. is a leading global provider of vehicle rental
services, both through its Avis and Budget brands, which have more than 10,000
rental locations in approximately 175 countries around the world, and through
its Zipcar brand, which is the world's leading car sharing network, with more
than 810,000 members. Avis Budget Group operates most of its car rental
offices in North America, Europe and Australia directly, and operates
primarily through licensees in other parts of the world. Avis Budget Group has
approximately 30,000 employees and is headquartered in Parsippany, N.J. More
information is available at www.avisbudgetgroup.com.

About AARP

AARP is a nonprofit, nonpartisan organization, with a membership of more than
37 million, that helps people turn their goals and dreams into real
possibilities, strengthens communities and fights for the issues that matter
most to families such as healthcare, employment and income security,
retirement planning, affordable utilities and protection from financial abuse.
AARP advocates for individuals in the marketplace by selecting products and
services of high quality and value to carry the AARP name as well as help
members obtain discounts on a wide range of products, travel, and services. A
trusted source for lifestyle tips, news and educational information, AARP
produces AARP The Magazine, the world's largest circulation magazine; AARP
Bulletin;www.aarp.org; AARP TV & Radio; AARP Books; and AARP en Español, a
bilingual news source.AARP does not endorse candidates for public office or
make contributions to political campaigns or candidates.The AARP Foundation
is an affiliated charity that provides security, protection, and empowerment
to older persons in need with support from thousands of volunteers, donors,
and sponsors. AARP has staffed offices in all 50 states, the District of
Columbia, Puerto Rico, and the U.S. Virgin Islands. Learn more
atwww.aarp.org.

About AARP Services, Inc.

AARP Services, Inc., founded in 1999, is a wholly-owned taxable subsidiary of
AARP. AARP Services manages the provider relationships for and performs
quality control oversight of the wide range of products and services that
carry the AARP name and are made available by independent providers as
benefits to AARP's millions of members. The provider offers currently span
health products, financial products, travel and leisure products, and life
event services. Specific products include Medicare supplemental insurance;
credit cards, auto and home, mobile home and motorcycle insurance, life
insurance and annuities; member discounts on rental cars, cruises, vacation
packages and lodging; special offers on technology and gifts; pharmacy
services; legal services; and long term care insurance. AARP Services also
engages in new product development activities for AARP and provides certain
consulting services to outside companies.

CONTACT: Alice Pereira
         (973) 496-6113
         PR@avisbudget.com

Avis Budget Group, Inc. Logo
 
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