About Avis in Asia

Avis Rent A Car System and its subsidiaries operate one of the world's best-known car rental brands providing business and leisure customer with a wide range of services at over 5,100 locations in Europe, Africa, the Middle East, Asia, the United States, Canada, Australia, New Zealand and the Latin American/Caribbean region. 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.

In Asia, Avis is a leading provider of vehicle rental; vehicle leasing and limousine/chauffeur drive services operating over 330 locations through a network of wholly owned subsidiaries, joint ventures and licensee agreements in 22 markets. Avis opened its first operations in Asia in 1970 in Hong Kong. Throughout the 70’s Avis grew steadily in the region, with operations launched in Singapore, the Philippines, Pakistan, Malaysia and Indonesia. More recently, developments have included openings in India, China, Taiwan and Vietnam.

About Avis Budget Group

Avis Budget Group, Inc. is a leading 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 cars in North America, Europe and Australia directly, and operates primarily through licenses in other parts of the world . Avis Budget Group has approximately 28,000 employees and is headquartered in Parsippany, N.J. For more information, visit: www.avisbudgetgroup.com.