PARSIPPANY, N.J. and MERIDA, Mexico, June 27, 2012 (GLOBE NEWSWIRE) --
Avis Budget Group, Inc. (Nasdaq:CAR) today named Avis Mexico as the
Avis Licensee of the Year for Latin America and the Caribbean in
recognition of its ongoing commitment to serving the growing car rental
demand in Mexico and providing travelers and residents alike with
world-class products and services.

Avis Mexico provides travelers with a smoke-free fleet and offers a
variety of vehicle makes and models to serve the needs of business and
leisure travelers. Avis Mexico operates at more than 75 locations from
Tijuana to Cozumel. It is well-established to serve customers at major
airports and convenient, metropolitan locations in key commercial
markets, including Guadalajara, Hermosillo, Mexico City and Monterrey,
as well as major tourism destinations, including Cancun, Cozumel, Los
Cabos, Mazatlan, Playa del Carmen/Riviera Maya and Puerto Vallarta.

"With more than 22 million international visitors in 2011, the travel
industry in Mexico is thriving," said Patric Siniscalchi, president,
Latin America/Asia-Pacific. "We salute the contributions that Avis
Mexico has made to the Avis brand and to serving the car rental needs
of international and local travelers for nearly 50 years."

Travelers in Mexico benefit from Avis' world-renowned 'We try harder'
promise of customer service excellence provided by bilingual and
highly-trained employees and from Avis Preferred, the Company's express
rental service available at select airport locations, including Cancun
International Airport, Los Cabos International Airport, General Ignacio
Pesqueira Garcia Airport in Hermosillo, General Mariano Escobedo
International Airport in Monterrey,Gustavo Diaz Ordaz International
Airport in Puerto Vallarta and Mexico City International Airport. Avis
Mexico also offers global positioning system (GPS) navigation devices,
child safety seats, vehicle damage coverage options and vehicle leasing
services.

"'We try harder' to make sure that travelers to Mexico have the same
outstanding and memorable experience with Avis in Mexico that they have
with Avis throughout the world," said Alberto Gomez-Delgado, vice
president and general manager, Avis Mexico. "We are honored to be named
the region's Licensee of the Year in recognition of our efforts."

Avis Mexico is the Official Rental Car Company of the Mexican Golf
Association and the Mexican Caribbean Golf Courses Association. As part
of the latter distinction, Avis customers can save on greens fees at
some of the top golf courses in the region.

Avis Mexico is an independently-owned and operated licensee of Avis Car
Rental. Licensees such as Avis Mexico have the right to operate under
the Avis brand in specified territories and in accordance with Avis'
strict brand standards.

About Avis Budget Group

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: Alice Pereira
         (973) 496-6113
         PR@avisbudget.com