Information about http://www.cendant.com/documents/07_28_2006.pdf

CENDANT PROVIDES ADDITIONAL INFORMATION RELATED TO VEHICLE RENTAL…

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Created: Wed Aug 30 09:45:03 2006
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CENDANT PROVIDES ADDITIONAL INFORMATION RELATED TO VEHICLE RENTAL
BUSINESS

NEW YORK 07-28-2006 -- Cendant Corporation (NYSE: CD) today announced that it
has posted to the "Investor Center" of its Web site at www.cendant.com additional
supplemental information related to Avis Budget Car Rental, LLC and its subsidiaries, the
companies that comprise Cendant's vehicle rental business. The information includes
estimated financial information of Avis Budget Car Rental and its subsidiaries for the full
year 2006.

Forward-Looking Statements
The information referred to in the press release to be posted to Cendant's Web site
contains forward-looking statements. Important information regarding such forward-
looking statements is included in such information. Please review such information for
important risks, uncertainties and other factors which may cause Avis Budget Car
Rental's actual results, performance or achievements to be materially different from any
future results, performance or achievements expressed or implied by such forward-
looking statements, including the information concerning Avis Budget Car Rental's future
financial performance. The estimates presented in the information provided on Cendant's
Web site are based on management estimates, currently available information and
assumptions which management believes to be reasonable. Forward-looking statements
are inherently subject to significant economic competitive and other uncertainties and
contingencies, many of which are beyond the control of management. We caution that
these statements may not be indicative of future performance and we can provide no
assurance that such expectations will be achieved. Actual results may differ materially
from those expressed or implied in the forward-looking statements.

About Cendant Corporation
Cendant is primarily a provider of travel and residential real estate services. With
approximately 85,000 employees, New York City-based Cendant provides these services
to businesses and consumers in over 100 countries. More information about Cendant, its
companies, brands and current SEC filings may be obtained by visiting Cendant's Web
site at www.cendant.com.