Owners of National Car Rental Purchase Murdoch Group

    Murdoch Group, largest single Canadian licensee of National brand,
    operates biggest rental fleet in Northern and Central Ontario

    ST. LOUIS, June 23 /CNW/ - The Taylor Family of St. Louis, which owns
National Car Rental, has purchased Murdoch Group, Inc. Headquartered in
Ontario, privately held Murdoch Group was the largest single Canadian licensee
of the National brand in terms of revenue and fleet size.
    Murdoch Group operates at 21 sites, including 15 neighbourhood branch
offices and six locations at the Earlton, North Bay, Sudbury, Pembroke,
Timmins and Barrie airports. It is headquartered at 22 Government Road in
Kirkland Lake, Ontario, and operates a staff of approximately 180 employees
throughout Ontario.
    The acquisition closed June 18. Financial terms of the transaction have
not been disclosed. Robert Murdoch will serve as General Manager at the
Kirkland Lake location, and Dave Murdoch and Allison Knight also will continue
in their roles in rental operations and information technology to help oversee
the transition.
    "We are very excited to welcome the Murdoch Group employees and customers
to our network of corporate-owned stores in Canada," said Greg Stubblefield,
president of National Car Rental and Alamo Rent A Car. "We all share a great
passion for our customers and employees, and we are proud to help carry on the
Murdoch family's tradition of quality service throughout Ontario."
    Robert Murdoch added: "My grandfather, Mel Murdoch, founded this company
more than forty years ago as part of a Canadian franchise network. So it's
very fitting that the Murdoch family is now joining together with another
long-standing, family-owned-and-operated car rental company."
    Murdoch Group is the twenty-first licensee to be purchased since the
Taylor family's acquisition of the National Car Rental and Alamo Rent A Car
businesses on Aug. 1, 2007.
    "I want to thank the Murdoch family, their vendors and all of their
longtime customers for creating a lasting legacy that will help shape the
future of our growing business as well as the entire Canadian car rental
industry," explained Stubblefield. "This acquisition means the Murdoch
tradition will continue with even greater opportunities for our employees,
customers and brands."

    About National Car Rental

    The Taylor Family of St. Louis owns and operates National Car Rental, an
internationally recognized brand with locations throughout the United States,
Canada, Mexico, the Caribbean, Latin America, Asia and the Pacific Rim. In
addition, the Taylors operate Alamo Rent A Car, and they also have owned
Enterprise Rent-A-Car, North America's largest car rental company, since 1957.
    Together, the National, Alamo and Enterprise businesses include a
worldwide network of more than 8,000 neighbourhood-based and airport car
rental locations, representing the car rental industry's most comprehensive
service provider - unparalleled in size, strength and stability. For more
information about National, visit www.nationalcar.com.

For further information:

For further information: Jason Graham/Roanne Argyle, (416) 968-7311 ext
229/232, jgraham@argylecommunications.com, or roanne@argylecommunicatons.com;
or Laura T. Bryant, (314) 512-4178, Laura.T.Bryant@erac.com

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