Penske and AAA Extend Relationship

READING, Pa., Jan. 11, 2010– Penske Truck Rental and AAA have renewed and extended their long-standing relationship.  Penske will continue to serve as the exclusive and recommended truck rental provider for AAA's Show Your Card & Save® member discount program.  Specific contract terms were not disclosed.

"We're very pleased to continue serving AAA's members," said Penske's Art Vallely, Senior Vice President – Rental.  "Since 1999, Penske Truck Rental's alignment with AAA has provided over 51 million AAA members with access to high-quality rental trucks, moving accessories and advice."

Through AAA's Show Your Card & Save program, members enjoy a 12 percent discount on local and one-way truck rentals, and a 12 percent discount on purchased moving equipment and accessories available through Penske Truck Rental.

"AAA is pleased to announce that we have extended our partnership with Penske Truck Rental to provide valuable benefits and savings to our 51 million members," said Mark Brown, AAA Executive Vice President.  "We are committed to expanding the Show Your Card & Save program to offer members more opportunities to save with high-quality, service-orientated partners such as Penske."

Penske Truck Rental is a service of Penske Truck Leasing.  With one of the newest fleets, Penske provides do-it-yourself movers with clean, well-maintained and reliable rental trucks, moving equipment, packing supplies and accessories.

AAA's Show Your Card & Save program is the largest member discount program in the world offering more than 164,000 locations for savings worldwide including 110,000 retail locations in North America and many popular online retailers.

As North America's largest motoring and leisure travel organization, AAA provides more than 51 million members with travel, insurance, financial and automotive-related services.  Since its founding in 1902, the not-for-profit, fully tax-paying AAA has been a leader and advocate for the safety and security of all travelers.  AAA clubs can be visited on the Internet at www.AAA.com.

Penske Truck Leasing Co., L.P., headquartered in Reading, Pa., is a joint venture of Penske Corporation, Penske Automotive Group and General Electric.  A leading global transportation services provider, Penske operates more than 200,000 vehicles and serves customers from more than 1,000 locations in North America, South America, Europe and Asia.  Product lines include full-service truck leasing, contract maintenance, used truck sales, commercial and consumer truck rentals, transportation and warehousing management and supply chain management solutions.  Visit www.GoPenske.com to learn more.