MARQUIS JET ALLIES WITH AVIS TO OFFER EXCLUSIVE BENEFITS TO MARQUIS JET CARD OWNERS

April 27, 2004
Marquis Jet Card Owners To Receive Avis’ High Touch Service And Unique Collection of Benefits.

Marquis Jet, www.marquisjet.com , the innovator and global leader in private jet cards, today announced an alliance with Avis Rent A Car System, Inc. to provide Marquis Jet Card Owners with Avis’ highest level of service and exclusive benefits.

Marquis Jet Card Owners who accept Avis’ invitation will benefit from many premium Avis services, including:
The Best Cars – When Marquis Jet Card Owners reserve an intermediate-level car or larger, they’ll automatically receive a no-cost upgrade to the best car available.
The Best Rates – Card Owners can enjoy the NetJets corporate rate, subject to availability, and can reserve through the Marquis Jet Owner Services Team.
Free Delivery – Owners can have a car delivered when they need it anywhere within 25 miles of a participating Avis location.
Avis Preferred Service – Avis will keep Owner preferences on file and prepare everything in advance, allowing Owners to proceed directly to their car without stopping to fill out paperwork.
Privileges For Your Spouse – Upon request, Avis will extend exclusive benefits to spouses so that everyone can enjoy membership.

“The Marquis Jet Card makes air travel, whether for business or leisure, as convenient and pleasurable as possible,” said Ken Austin, Executive Vice President and Chief Marketing&Business Development Officer of Marquis Jet. “By selecting Avis’ renowned fleet and service, we expect to further enhance the door-to-door travel experience for our Jet Card Owners.”

“Marquis Jet’s exclusive relationship with NetJets and its extraordinary customer service attracts an unrivaled clientele of discriminating, affluent travelers,” said Chuck Fallon, Executive Vice President of Revenue Generation for Cendant Car Rental Group, parent company of Avis. “The Marquis Jet Card program highlights Avis’ premium service at its best. We are thrilled to have the opportunity to present our highest level of service and benefits to Marquis Jet Card Owners.”

The Marquis Jet fleet is provided by NetJets through an exclusive alliance between the two companies. NetJets, a Berkshire Hathaway Inc. company (BRKa), is the worldwide leader in fractional jet ownership. NetJets owns the world’s largest and most diversified fleet of more than 500 aircraft, staffs 2,800 highly trained and experienced pilots, and provides the world’s safest and most secure private aviation travel solutions. The Marquis Jet Card provides access to the NetJets fleet in 25-hour increments for one simple payment.

ABOUT MARQUIS JET

Marquis Jet is the global leader in hourly private jet cards, starting in increments of 25 hours. Through its exclusive alliance with NetJets, Marquis Jet provides the convenience, quality and safety of the world’s premier fractional aircraft ownership program. Recently named “Best Private Jet Card Program” by Business Traveler Magazine, the Card is available throughout North America and Europe, catering to businesses and individuals who desire access to the world’s best fleet and service. For additional information, visit the Company’s website at www.marquisjet.com or call 1-866-JET-1400.

ABOUT AVIS

Avis Rent A Car System, Inc. and its subsidiaries operate the world’s second largest general-use car rental brand, providing business and leisure customers with a wide range of services at more than 1,700 locations in the United States, Canada, Australia, New Zealand and the Latin American / Caribbean region. Avis is one of the world’s top brands for customer loyalty, ranking as the number one rental car brand and the number one brand overall among 182 in the 2003 Brand Keys? Customer Loyalty Index, and tying for the highest ranking in the 2003 J.D. Power&Associates rental car customer satisfaction study. The company is a wholly owned subsidiary of Cendant Corporation (NYSE: CD), a diversified global provider of business and consumer services primarily within the real estate and travel sectors. For more information visit www.avis.com or www.cendant.com .