1. Traveling at the Speed of Hertz

2. TODAY’S JOURNEY Partnership Update RAC Market Share 2012 Hertz Updates

3. Partnership Update Hertz share down 1.1 points since June 2011 (now 3 rd behind Avis & National Increased Financial Support for CBTG 10.6% 2011 2012 Hertz “Coupons” listed on CBTG Website Quarterly Newsletter and Special Offers distributed to Group Hertz Reps assigned to CBTG agencies receiving regular updates from me Participation in 2 quarterly meetings in 2011 “One-off” Assistance being provided as requested June 2011Dec 2011 June 2011Dec 2011June 2011Dec 2011 June 2011Dec 2011

4. How Can You Increase Hertz Share? 1.Use the CBTG CDP # 2.Hertz Business Rewards Program 3.Promote New Hertz Improvements 4.Tools You Can Use 5.Items Included Today

5. Everybody Wins When You Book Hertz! CDP # 317491 Use the CBTG CDP # 317491 and get Preferred Rates & Preferred Commissions. Your clients receive discounted rates and You earn 10% commissions on Weekly & Weekend Rentals.

6. Special Offers Save $20 on Weekly Rentals in Your Neighborhood Save $20 on a Weekly Rental at Hertz in your neighborhood when PC#107520 is included in your reservation of an Economy or higher class car. Offer valid at participating neighborhood (off airport) locations in the U.S., Canada and Puerto Rico for pickup through 3/31/12. See Terms and Conditions below. Save Up To $30 on your next Weekend or Weekly Rental at the Airport Save $10 per day, up to $30 on a Weekend Rental when PC #166725 is included in your reservation. Save $30 on a Weekly Rental when PC# 166736 is included in your reservation. Offers are valid at participating airport locations in the U.S., Canada, Puerto Rico and Mexico for pick up through 3/31/12. See Terms and Conditions below. As a reminder, program benefits are: Benefits for your Clients Up to 20% Off Hertz Business Travel Rates Free Rental Days Earn 1 credit for every qualified rental day 15 rental credits earn a Free Rental Day Certificate Customized Billing Options Employees can earn their own free days through Hertz #1 Awards ® Complimentary membership in Hertz #1 Club Gold ® Benefits for your Agency 10% Commission 5% commission on all bookings made with the Hertz Business Account CDP# 5% Agency Referral Bonus* $50 Hertz Rental Certificate when newly enrolled account completes their first rental Better BAP Override Scale Quarterly Market Share Bonus Benefits for your Front-Line Agents Free Rental Day Certificate for every new account enrolled 10 Agent Gold Rewards ® Points on qualifying rentals of 3 days or longer Hertz Business Account Program is now called Hertz Business Rewards For full details, visit hertz.com/businessrewards

7. 7 Mobile Gold Alerts Your Carfirmation™ is ready! Get Mobile Gold Alerts sent to your phone to let you know which car you’ll be driving and where it’s parked the minute it’s assigned. Don’t get slowed down! Just head straight to your car, get in and go — fast and simple! Mobile Gold Alerts are just one way Hertz helps you plan on the go. Visit our mobile website, mobile.hertz.com Use the Hertz app for iPhone, Android or Blackberry to browse, book a car or update your reservation How to Sign Up: Go to the Personal and Contact details section of your Hertz Gold profile on Hertz.com and opt in to receive Mobile Gold Alerts by email. Email alerts will be sent to the email address on your profile.

8. RENT WITH SPEED - With Gold Choice, you always skip the counter and go straight to your car. And if you choose a Gold Choice alternative, you still drive straight to the gate without wasting any time. Hertz Gold Choice Now Hertz Gold members get the best of both worlds. Introducing Gold Choice — the confidence of knowing your car will always be there, plus the freedom to choose something different on the spot. It’s the ultimate in rental car satisfaction. RENT WITH CONFIDENCE - The car you booked — or better! — will be ready and waiting for you as always. Hertz pioneered pre-assigned car rental, and nobody does it better. RENT WITH CONTROL - But now, if you booked a midsize car or larger, different models and colors are available at no extra cost. Just step over to our new Gold Choice area and choose the car you want. RENT WITH SPEED - With Gold Choice, you always skip the counter and go straight to your car. And if you choose a Gold Choice alternative, you still drive straight to the gate without wasting any time.

9. HERTZ GOLD PLUS REWARDS ‘Hertz #1 Awards is the best travel rewards program, no one has ever heard of.”  Rewards are Earned FAST  Points Don’t Expire  We have Rewards with No Blackouts  Free to Join  Free to Earn  Exchange Points for Airline Miles  Earn and Redeem in International Destinations  Rewards are Varied and Flexible  Plus stands for improved, enhanced, increased value…. This is just the beginning!!!!  Update your Gold profile today at hertz.com to start earning your Gold Plus Rewards!

10. RENT WITH SPEED - With Gold Choice, you always skip the counter and go straight to your car. And if you choose a Gold Choice alternative, you still drive straight to the gate without wasting any time. eReturn & eReceipts Experience your fastest car rental drop off ever. No lines! No waiting...ever! Go Paperless and sign up for eReceipts. On your return, just fill in the Express Return slip on your Rental Agreement, leave it with the keys* and get on your way. We’ll email your eReceipt to you. When you sign up for Hertz eReceipts, you will automatically receive a PDF version of your receipt sent to the email on your Hertz Gold profile within 30 minutes of us closing your Rental Agreement. Update your Gold profile today at hertz.com to start receiving eReceipts.

11. 1. Hertz News Online Quarterly Online Newsletter. #1 resource for the latest information. Visit www.agentnewsonline.com to sign up today!www.agentnewsonline.com 2. Travel Agent Discount CDP # 69212 offers: Up to 20% off on Retail Rates 3. Agent Gold Rewards Hertz's Travel Agent Loyalty Program. Sign up at www.hertzagentgold.com www.hertzagentgold.com Tools You Can Use

12. CBTG Partnership Summary CBTG CDP Flyer CBTG CDP Flyer 2012 Special Offers 2012 Special Offers 2012 Hertz Updates Flyer 2012 Hertz Updates Flyer Agent Gold Rewards Flyer Agent Gold Rewards Flyer Cruise Flyer Cruise Flyer Items Included Today