Press Release Details

PARSIPPANY, N.J. and PONTE VEDRA BEACH, Fla., July 3, 2012 (GLOBE NEWSWIRE) -- PGA TOUR and Avis Car Rental announced today that Tiger Woods has been voted the June PGA TOUR Player of the Month presented by Avis. As the official rental car company of the PGA TOUR, Avis will make a $50,000 contribution to the Tiger Woods Foundation.

In a fan decision on PGATOUR.COM, Woods received 51 percent of the votes and outpolled Webb Simpson, Marc Leishman and Dustin Johnson. The four were nominated by a panel of national media for their performances during the month of June.

During the month of June, Woods fired a final-round 67 at the Memorial Tournament presented by Nationwide Insurance to earn his 73^rd career PGA TOUR victory. With the win, Woods tied Jack Nicklaus for second all-time in PGA TOUR history behind Sam Snead's 82 victories. Woods also finished tied for 21^st at the U.S. Open.

"Tiger Woods' performance in June exemplifies the world-renowned Avis 'We try harder' spirit,'" said Jeannine Haas, chief marketing officer, Avis Budget Group. "With his historic victory at the Memorial Tournament, it's no surprise that fans voted him June's PGA TOUR Player of the Month. We congratulate Tiger and are proud to donate $50,000 in his name to the Tiger Woods Foundation."

"I'm honored to win the PGA TOUR Player of the Month award and I'd like to thank all the fans that participated," Woods said. "We are doing some incredible things through my Foundation and with on-going support we can continue providing college-access programs to more underserved young people around the world. On behalf of all the kids my Foundation supports, thank you Avis."

Since its inception in 1996 by Tiger Woods and his father, Earl, the Tiger Woods Foundation has reached millions of underserved young people through unique college-access programs. For scholars in grades 5-12, the Tiger Woods Learning Centers provide hands-on experiences in science, technology, engineering and math while the Earl Woods Scholarship Program provides admissions counseling, college scholarships, dedicated mentors, specialized internships and vital workshops.

For more information or to vote for the PGA TOUR Player of the Month presented by Avis, visit www.pgatour.com.

About Avis

Avis Car Rental operates one of the world's best-known car rental brands with approximately 5,100 locations in more than 165 countries. Avis has a long history of innovation in the car rental industry and is one of the world's top brands for customer loyalty. Avis is owned by Avis Budget Group, Inc. (Nasdaq:CAR), which operates and licenses the brand throughout the world. For more information, visit www.avis.com.

The Avis Car Rental logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=11593

About PGA TOUR

The PGA TOUR is a tax-exempt membership organization of professional golfers. The mission of the PGA TOUR is to expand domestically and internationally to substantially increase player financial benefits while maintaining its commitment to the integrity of the game. The PGA TOUR events are also committed to generating revenue for charitable causes in their communities. For more information, visit www.pgatour.com.

The PGA Tour Logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=11954

CONTACT: Alice Pereira

         Avis Car Rental

         973.496.6113

         alice.pereira@avisbudget.com

         

         Joel Schuchmann

         PGA TOUR

         904.280.4707

         joelschuchmann@pgatourhq.com