Hertz Local Edition Expands Throughout the US

-- Hertz Now Operates From 2250 Neighborhood Locations --

PARK RIDGE, NJ--April 23, 2012: The Hertz Corporation (NYSE:HTZ) continues the expansion into the neighborhood market with the opening of 125 Hertz Local Edition locations in 33 states (listed below).  The openings are part of a Company-wide strategy to accelerate expansion in the off airport, neighborhood car rental market servicing the replacement, leisure and business customers. 

Hertz's neighborhood operations continue to grow and the Company is increasing its investment to the demands of the local renter.  The off airport segment is strategically critical for Hertz and the Company is committed to developing new and expanded partnerships in the replacement market, offering customers pickup and delivery service, aswell as growing leisure and business rentals.

Located in convenient, easy to reach locations, the openings provide Hertz customers with a full range of rental vehicles including compact through full-size cars and SUVs and offers special weekend rates.  Rentals are also eligible to earn Gold Plus Rewards points, Hertz's customer loyalty program that has a wide range of flexible reward options.  Rewards include points that never expire, 'AnyDay' rewards that have no blackout periods, easy online redemption, and a wide variety of car rewards including cars from Hertz's Adrenaline Collection.  Pickup and delivery service and direct billing to insurance companies are also available. In addition, as with all Hertz corporate locations, vehicles are available for rental with unlimited mileage and all rate structures are honored, including one-way, inter-city rates.  

Expanding market share rapidly in the $10 billion off-airport market, Hertz is opening major hub locations as well as co-locating with body shops, hotels and repair facilities to serve the needs of local customers.  Off-airport rentals, which include monthly and multi-month rentals, have a longer average length of keep, which drives revenue per transaction.  Serving the insurance replacement industry for more than 10 years, Hertz has approximately 2,250 neighborhood locations nationwide, the majority of which offer pickup and delivery service as well as insurance replacement rentals, and is a recognized supplier to more than 193 of the 209 largest insurance companies. 

Hertz is the largest worldwide airport general use car rental brand, operating from approximately 8,500 corporate and licensee locations in approximately 150 countries in North America, Europe, Latin America, Asia, Australia, Africa, the Middle East and New Zealand. Hertz is the number one airport car rental brand in the U.S. and at 119 major airports in Europe. In addition, the Company has sales and marketing centers in 60 countries which promote Hertz business both within and outside such country. Product and service initiatives such as Hertz Gold Choice, Hertz #1 Club Gold®, NeverLost® customized, onboard navigation systems, Sirius XM Satellite Radio, and unique cars and SUVs offered through the Company's Adrenaline Prestige and Green Traveler Collections, set Hertz apart from the competition. In 2008, the Company entered the global car sharing market with its service now referred to as Hertz On Demand which rents cars by the hour and/or by the day, at various locations in the U.S., Canada and Europe.  Hertz also operates one of the world's largest equipment rental businesses, Hertz Equipment Rental Corporation, offering a diverse line of rental equipment, from small tools and supplies to earthmoving equipment, as well as new and used equipment for sale, to customers ranging from major industrial companies to local contractors and consumers, from approximately 315 branches in the United States, Canada, China, France, Spain, Italy and Saudi Arabia, as well as through its international licensees.  Hertz also owns Donlen Corporation, based in Northbrook, Illinois, which is a leader in providing fleet leasing and management services.