Budget Rent-a-Car has won two awards from the Institute of Transport Management � �UK Car Rental Company of the Year 2004� and the coveted �Award of Excellence in Customer Service 2004�. The ITM Awards Committee singled out Budget for its unequivocal standards of customer service, product range, product value and overall professionalism and reliability. Jill Grinsted, sales and marketing director, EMEA at Budget said: �These awards recognise our achievements in delivering more efficient, more cost-effective and more flexible rental services to our customers. We are delighted with these latest industry accolades.� Patrick Sheedy, media & PR director of the Institute of Transport Management said: �The ITM is significantly impressed with Budget�s dedication to offering the highest level of customer service in all aspects of its operations. The company is a clear example of how putting the customer first is the key to continued success.� These awards follow on from the Travelmole Travel & Tourism 2004 Website Award for car rental won earlier in the year. Budget Rent-a-Car is one of the top three global car and van rental systems. The Budget system has more than 3,000 locations, including over 800 airports, in over 120 countries and territories. Budget has around 1,000 corporate-owned and franchised locations throughout Europe, the Middle East and Africa. In the UK, it has 80 locations. Reservations can be made online at the award-winning www.budget.co.uk website or by calling central reservations on 08701 56 56 56 (8.00am � 8.00pm, 7 days).

- Ends - For further Budget press information, contact Jeremy Snook of JSPR on 01488 670002. Mobile: 07957 867139. Fax: 01488 670008. E-mail: jeremy.snook@jspr.co.uk JPEG IMAGE AVAILABLE ON REQUEST [Photo caption: Patrick Sheedy, media & PR director of ITM presents one of the two awards to Jill Grinsted, sales and marketing director, EMEA at Budget Rent-a-Car. Looking on are Andy Lewis, marketing manager, EMEA and Mandy Wootton, international sales manager.

Budget official car and van hire partner at Business Travel Show Birmingham 2004 Stand 400, Pavilion 1, NEC 13 - 14 October 2004

Budget Rent-a-Car has been appointed the Official Car and Van Hire Partner at Business Travel Show Birmingham 2004, which is being held at the NEC for the first time. Budget will have an MG TF at the entrance to the Pavilion Hall while inside the global car rental company will be promoting its strong corporate rate programme on its stand. Jill Grinsted, director of sales and marketing, at Budget said: �Under the theme �BUDGET MEANS BUSINESS� we aim to demonstrate the tremendous value, clarity, quality and service we can deliver to prospective new corporate customers. Meeting customer needs is our clear objective and from our new solid company platform we are keen and hungry to meet those needs.� Budget will also be holding a prize draw at the end of each day of the show. The prizes on offer will be a weekend in an MG TF for the business card owner plus five corporate rentals for their company. Winner of the Institute of Transport Management 2004 UK Car Rental Company of the Year Award, Budget Rent-a-Car is one of the top three global car and van rental systems. The Budget system has more than 3,000 locations, including over 800 airports, in over 120 countries and territories. Budget has around 1,000 corporate-owned and franchised locations throughout Europe, the Middle East and Africa. In the UK, it has around 80 locations. Reservations can be made online at the award-winning www.budget.co.uk website or by calling central reservations on 08701 56 56 56 (8.00am � 8.00pm, 7 days). For further Budget press information, contact Jeremy Snook of JSPR on 01488 670002. Mobile: 07957 867139. Fax: 01488 670008. E-mail: jeremy.snook@jspr.co.uk