Press Release Details

PARSIPPANY, N.J., Dec. 22, 2014 (GLOBE NEWSWIRE) -- Avis Budget Group, Inc. (Nasdaq:CAR), through the Avis Budget Group Charitable Foundation, continues its tradition of giving by supporting organizations and causes that serve the communities in which the Company operates. In 2014 alone, the Company was able to provide grants to a wide range of organizations, including healthcare research, veterans' advocacy groups, children's welfare and the creative and performing arts.

"Our concern for our customers goes beyond providing them with quality service and a great rental experience," said Ronald L. Nelson, chairman and chief executive officer, Avis Budget Group. "We remain committed to supporting organizations whose efforts have a positive impact on the lives of our customers, our employees and our families."

As a highlight of the Company's 2014 philanthropic efforts, the Foundation matched funds raised by Avis Budget Group employees to benefit the American Cancer Society, the ALS Association and Wounded Warrior Project. In addition, more than 1,000 Avis Budget Group employees worldwide participated in the ALS Association's "Ice Bucket Challenge."

"Our people are very committed to giving back to our communities and the response we've seen to our employee fundraising challenges has been a great source of pride to all of us in 2014," said Mr. Nelson.

Other organizations receiving support from the Avis Budget Group Charitable Foundation in 2014 included March of Dimes Foundation, the Cystic Fibrosis Foundation, the Jackie Robinson Foundation, Family Promise Inc., the Museum of the City of New York, Children's Hospital of Philadelphia, NJ Heroes, UNCF and Dress for Success, among many others.

The Avis Budget Group Charitable Foundation is a private foundation which does not currently solicit contributions. Applications for grants must include documentation of IRS 501(c)(3) tax-exempt status, a description of the work performed by the organization, and details of how the Foundation's grant will be recognized. Grant applications may be submitted by mail to Avis Budget Charitable Foundation, 6 Sylvan Way, Parsippany, N.J. 07054. Due to the volume of applications received, the Foundation is unable to acknowledge receipt or respond to all grant applicants.

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 900,000 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: Amy Ackerson

         (973) 496-3916

         PR@avisbudget.com