Press Release Details

PARSIPPANY, N.J., May 30, 2012 (GLOBE NEWSWIRE) -- Avis Budget Group, Inc. (Nasdaq:CAR), a leading provider of vehicle rental services, today announced that David B. Wyshner, Senior Executive Vice President and Chief Financial Officer, will present at the upcoming Goldman Sachs Lodging, Gaming, Restaurant and Leisure Conference on June 5, 2012 at 4:00 p.m. Eastern time.

A live webcast will be available on the Avis Budget Group website at ir.avisbudgetgroup.com. A webcast replay will be available shortly after the live presentation and will be archived on the website.

About Avis Budget Group, Inc.

Avis Budget Group, Inc. is a leading global provider of vehicle rental services through its Avis and Budget brands, with 10,000 rental locations in approximately 175 countries around the world. 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. For more information, visit www.avisbudgetgroup.com.

The Avis Budget Group, Inc. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=8891

CONTACT: Media Contact:

         John Barrows

         973-496-7865

         PR@avisbudget.com

         

         Investor Contact:

         Neal Goldner

         973-496-5086

         IR@avisbudget.com