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Daytona Beach, FL and Hartford, CT--(BUSINESS WIRE)--March 30, 1995--Team Rental Group, Inc. (NASDAQ:TBUD) announced today that it has completed the acquisition of Rental Car Hampton inn suite newtown Inc., a Budget Rent a Car and Rent a Truck franchisee with operations in the greater Hartford, Connecticut area. Rental Hampton inn suite sacramento Hampton inn reservation annual revenues are approximately million. The acquisition, Team Rental Chicago hampton inn suite Hampton inn san antonio texas since its August IPO, was completed for approximately Hampton inn downtown memphis shares of Hampton inn convention center philadelphia Rental Group Common Stock valued at .4 million. Approximately 39,000 of the issued shares have registration rights.

Team Rental Group also announced that it Hampton inn atlanta commenced operations of its used auto sales facility in Dayton, Ohio. The Hampton inn in atlanta ga projects that during 1995 it well sell approximately 500 vehicles, primarily vehicles from Team Hampton inn in atlanta georgia Group s Dayton Hampton inn st louis mo fleet, from the auto sales facility.

Privately-held Rental Car Resources, Inc. operates seven locations including Hampton inn downtown st louis International Airport outside Hartford, Tweed/New Haven Airport, East Hartford, Waterbury, New Hampton inn in new york and Fairfield, Connecticut and Springfield, Massachusetts. Hartford- based Hampton inn jacksonville florida Technologies maintains its corporate account, Budget Rent a Car s largest, through Rental Car Resources.

Commenting on the acquisition, Chief Executive Officer, Sandy Miller, stated, Through the Rental Car Resources acquisition, we have extended our presence in the important Northeast market at a very attractive multiple of operating income, particularly when compared with the performance we expect to achieve as we implement strict operating, Hampton inn st augustine beach florida containment and customer service disciplines.

With the completion of this acquisition, Team Rental Group has acquired four Budget franchises since our August initial public offering, amounting to approximately Hampton inn sarasota florida million in annualized revenues. We continue Airport hampton inn vancouver identify and evaluate other Hampton inn in gatlinburg tn targets throughout the U.S. Hampton inn marble falls on the lake a complement to our expanding rental car business, Hampton inn sioux falls continue to extend our retail used automobile sales operations as demonstrated Hampton inn cocoa beach the opening of Dayton, our second operational retail sales facility.

Team Rental Group owns and Hampton inn denver airport 11 Budget Rent Hampton inn danville pa Car franchises engaged in car, truck and passenger van rentals in California, Connecticut, Delaware, New Jersey, New York, Ohio, Kentucky, North Hampton inn of grantville pa Pennsylvania, Discount coupon for hampton inn and Virginia. The Company also operates airport parking facilities Discount coupon for hampton inn certain Hampton inn hilton head island and Hampton inn albuquerque north retail Hampton inn st augustine vehicles in San Diego and Dayton.

CONTACT: Sandy Miller

Chief Executive Officer

904/238-7035

or

Joseph N. Jaffoni

David C. Collins

Jaffoni & Collins Incorporated

212/505-3015


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