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HERTZ ON DEMAND BRINGS COMPRESSED NATURAL GAS (CNG) VEHICLES TO OKLAHOMA STATE UNIVERSITY

Car Sharing Services welcomes the first CNG vehicles in its fleet for rent

PARK RIDGE, NJ; September 26, 2011 – The Hertz Corporation (NYSE: HTZ) announced today the expansion of its Hertz On Demand (www.HertzOnDemand.com) University program to Oklahoma State University with the introduction of an all-Compressed Natural Gas (CNG) fleet. Initially, Hertz On Demand will offer students, faculty, staff and the neighboring community access to two Honda Civic GX sedans, with eventual plans to expand. The vehicles are the first CNG cars in Hertz On Demand's fleet. CNG produces nearly zero emissions and is an economical alternative to gasoline or diesel. 1

"Personal use of natural gas vehicles is rapidly growing and as the leading provider of mobility solutions, Hertz is in a unique position to introduce this technology to the next generation of drivers," said Mark P. Frissora, Chairman and Chief Executive Officer, The Hertz Corporation. "From energy-efficient vehicles to those that use alternative fuel sources, we are committed to providing a full spectrum of vehicle options across our fleet and with CNG vehicles that are entirely clean and abundant, we are able to do that."

Oklahoma State University will be the first location to receive CNG vehicles as part of Hertz On Demand's general consumer rental fleet. Hertz deploys CNG airport buses at its Los Angeles International Airport location and has plans to build a CNG fueling station there. Hertz also rents CNG vehicles in both Italy and the United Kingdom. In addition, Hertz On Demand currently offers electric vehicles (EV) in major markets across the United States, including New York City, Washington, D.C., and Arizona.

As of this fall, Hertz On Demand will have a presence on more than 60 University campuses across the U.S., providing an economical, convenient and socially-conscious alternative to car ownership. The service operates on a pay-as-you-go system, providing members with 24/7 access to vehicles strategically located throughout their city. Hertz On Demand offers its members products and services that are unmatched in the car sharing industry, including:

  • No membership and renewal fees in the U.S. and Europe. The company has also introduced membership kiosks in New York City, enabling customers to join free of charge and immediately enjoy Hertz on Demand car sharing experience.

  • Simplified reservation process. As part of the launch, Hertz On Demand has a newly redesigned member website, www.HertzOnDemand.com, with a simplified reservation process, including one way map routing and reservations, enhanced search capabilities, faster page load times and enhanced details about car makes and models.

  • Unparalleled Member Service. Hertz On Demand's industry leading, proprietary in-car technology provides members a safe and superior car rental experience. Upon enrolling, members receive a smart chip enabled card which gives them keyless entry to any reserved car. In the vehicle, a hands-free audio kit connects members to an in-house Member Care Center representative - available 24/7, 365 days a year - should they have questions, need assistance or need to extend their reservation. Hertz On Demand is able to "communicate" with the vehicle, enabling representatives to unlock, engage and locate vehicles and cars are equipped with iPod and Bluetooth connectivity, for hands free driving, as well as EZ Pass transponders.

About Hertz On Demand

Hertz On Demand has more than 800 vehicles available to drive from more than 250 locations worldwide, including corporate offices and universities. Hertz On Demand offers vehicles equipped with keyless entry, and benefits covered by the competitive hourly rate including gas, insurance, GPS turn-by-turn navigation, 24/7 roadside assistance, 24-hour in car Member Care Center communication, and, in the US, 180 free miles per 24 hours. For more information, visit www.HertzOnDemand.com or call Member Care Services at 877-654-4400.

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1 U.S. Department of Energy Alternative Fuels and Advance Vehicles Data Center, Natural Gas Basics http://www.afdc.energy.gov/afdc/pdfs/48126.pdf

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