Avis Budget Car Rental, LLC
Selected Supplemental Financial Information
As of July 28, 2006
Avis Budget Car Rental, LLC—Selected Supplemental Financial Data
(Formerly known as the Vehicle Rental segment of Cendant Corporation)
Introduction
The following information presents selected supplemental financial information for Avis Budget Car Rental,
LLC and its subsidiaries, the companies that comprise Cendant's vehicle rental business, including historical and
pro forma revenue and EBITDA for 2005 and the first quarter of 2006 and estimates for second quarter 2006 and
full year 2006. The information presented is for Avis Budget Car Rental, LLC and its subsidiaries only and
is not consolidated with Cendant Corporation or its subsidiary Cendant Finance Holding Company, LLC.
The vehicle rental business will continue to be owned by Cendant following the completion of the
separation of Cendant into four separate companies, one for each of its Real Estate Services businesses
(“Realogy”), Hospitality Services and Timeshare Resorts businesses (“Wyndham Worldwide”), Travel
Distribution Services businesses (“Travelport”) and Vehicle Rental businesses (the “Separation Transactions”).
Following the completion of the Separation Transactions, Cendant plans to change its name to Avis Budget
Group, Inc.
Forward-Looking Information
The following supplemental financial information contains forward-looking statements. Please review the
attachments contained on the same web page as this selected supplemental financial data entitled "Forward-
Looking Statements" and "Risk Factors" for important risks, uncertainties and other factors which may cause
Avis Budget Car Rental's actual results, performance or achievements to be materially different from any future
results, performance or achievements expressed or implied by such forward-looking statements, including the
information concerning Avis Budget Car Rental’s future financial performance. The estimates presented in this
selected supplemental financial data are based on management estim