Press Release Details

Avis Budget Group Named One of America's Top Corporations for Women's Business Enterprises

April 8, 2013 at 12:00 AM EDT

PARSIPPANY, N.J., April 8, 2013 (GLOBE NEWSWIRE) -- Avis Budget Group, Inc. (Nasdaq:CAR) has again been named as one of America's Top Corporations for Women's Business Enterprises by the Women's Business Enterprise National Council (WBENC). This national award recognizes corporations for world-class programs that create level playing fields for women's business enterprises to compete for corporate contracts. This is the 13th consecutive year that the Company has been recognized by WBENC for supplier excellence.

"We embrace diversity in all aspects of our business and are proud of our commitment to promote opportunities for women-owned, minority-owned and small businesses," said Ronald L. Nelson, chairman and chief executive officer, Avis Budget Group. "This continues to be a great honor for us and we thank WBENC sincerely for the recognition."

Avis Budget Group was one of 32 U.S. companies named to the annual Top Corporations listing for 2012.

"Avis Budget Group is deeply committed to strategic business development programs that cultivate competition and achieve measurable results," said Pamela Prince-Eason, president and chief executive officer of WBENC. "We commend Avis Budget Group for its efforts and for being named one of America's Top Corporations."

About WBENC

Founded in 1997, the Women's Business Enterprise National Council is the leading advocate for, and authority on, Women's Business Enterprises as suppliers and vendors to the nation's corporations. For more information, visit www.wbenc.org.

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 775,000 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 29,000 employees and is headquartered in Parsippany, N.J. More information is available at www.avisbudgetgroup.com.

CONTACT: Alice Pereira

         (973) 496-6113

         PR@avisbudget.com