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Hertz Acquires Licensee in Norfolk, Virginia - Second Largest Single Location Licensee in Hertz U.S. Network

PRNewswire
PARK RIDGE, N.J.
Nov 20, 2000

The Hertz Corporation , the world's largest car rental company and a leading construction and industrial equipment rental business has acquired its second largest single location car rental franchise operation in the U.S., which is located in Norfolk, Virginia. Terms of the acquisition, which include the business and all assets, were not disclosed.

The Norfolk franchise has been owned by Charles E. Plimpton, who acquired the business in 1974 and prior to that time held various key management positions with the Corporation. Mr. Plimpton will now focus on his other ongoing business activities. "I'm pleased that Hertz intends to remain committed to the community and will enhance the customer service opportunities offered by the dynamic expansion of Norfolk International Airport. I am looking forward to watching their progress," said Mr. Plimpton.

"Hertz is pleased to now own the Norfolk car rental network. Car rental demand in Norfolk is strong and we are committed to maintaining the high level of customer service and community involvement provided for 26 years by Chuck Plimpton under the Hertz brand," said Joseph R. Nothwang, Hertz President, Vehicle Rental and Leasing, Americas and Pacific.

There are three Hertz locations in Norfolk, including Norfolk International Airport, with the primary facility at 3323 North Military Highway. All locations offer Hertz customers a full range of rental vehicles including minivans, and premium vehicles as well as compact through full-size cars. In addition, as with all Hertz corporate locations, vehicles are available for rental with unlimited mileage, as are all available rate structures, including attractive one way, inter-city rentals.

For more information, customers can call their travel agent, or Hertz' Reservations toll-free at 1-800-654-3131. For promotions and special Hertz offers, and online reservations visit our website at http://www.hertz.com/.

Hertz operates from approximately 6,500 locations in more than 140 countries worldwide.

SOURCE: Hertz Corporation

Contact: Paula R. Stifter of The Hertz Corporation, 201-307-2824

Company News On-Call: http://www.prnewswire.com/comp/406850.html or fax,
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