Avis Budget Group Chief Executive Officer To Present At Morgan Stanley Industrials & Autos Conference On September 13

PARSIPPANY, N.J., Sept. 5, 2012 (GLOBE NEWSWIRE) -- Avis Budget Group, Inc. (Nasdaq:CAR), a leading provider of vehicle rental services, today announced that Ronald L. Nelson, Chairman and Chief Executive Officer, will present at the Morgan Stanley Industrials & Autos Conference on September 13, 2012 at 10:20 a.m. Eastern time.

A live webcast will be available on the Avis Budget Group website at ir.avisbudgetgroup.com. A webcast replay will be available shortly after the live presentation and will be archived on the website.

About Avis Budget Group, Inc.

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: Media Contact:         John Barrows         973-496-7865         PR@avisbudget.com                  Investor Contact:         Neal Goldner         973-496-5086         IR@avisbudget.com

Avis Budget Group, Inc. Logo