Penske Opens Third Australian Truck Rental Office in Sydney

READING, Pa., June 11, 2015 — As part of its Australian expansion, Penske Truck Rental has opened its third truck rental and full-service truck leasing office in Sydney, at 78-82 Riverside Road, Chipping Norton, NSW 2170.

The new office, co-located within the Penske Power Systems facility, will operate Monday through to Friday, 8am to 5pm, and Saturday, 8am to 12noon.

All Sydney truck rental and leasing enquiries can be directed through 1-300-GO-PENSKE or via our website at https://www.gopenske.com.au.

The new Sydney office will make it even more convenient for NSW-based customers to choose Penske, allowing one-on-one collaboration with operators to find tailored solutions for their unique rental and leasing requirements.

Penske will empower local customers with a choice of trucks across its mixed fleet, including the MAN TGS 540, MAN TGS 480, Western Star 4800 FXC, Western Star 4800 FS2, Western Star 5800 SS, as part of its 50-plus truck rental offering.

The Sydney facility will also introduce the all-new Western Star 2800SS to its truck line up, with its Australian market debut set for late 2015. The rigid truck from Western Star features Australia's cleanest diesel engine and marks a new era for the company, with its entry into the 15-22.5 tonne market segment.

As a leading American truck rental brand, Penske in Australia works to deliver well-maintained trucks and a world class customer experience, minimising counter delays and fleet downtime, while offering fleet performance visibility and cost-management solutions.

In addition to its commercial truck rental services, Penske has also introduced full-service truck leasing at its Sydney location, providing fleet operators with customised specifications for almost every phase of vehicle lifecycle including: acquisition and finance, preventive maintenance, breakdown assist, vehicle disposal and much more.

"Since our Australian launch in August 2014 we've seen a significant increase in the demand for our services, and we're keen to capitalise on this growth with the launch of our third location in Sydney," Adrian Beach, General Manager — Penske Truck Rental, said.

"This is in line with Penske's commitment to growing its business footprint throughout key customer locations in Australia, which will include the opening of two additional facilities within the next 11 months," Mr. Beach said.

Penske Truck Rental offers trucks in B-double or road train rated sleeper configuration, as well as B-double day cabs.

Penske Truck Rental, a subsidiary of Penske Truck Leasing, Co., L.P., offers convenient and professional truck rental and leasing services in Brisbane, Melbourne and Sydney. With a focus on customer service excellence and making business easy for customers, Penske Truck Rental works one-on-one with customers to find complete and tailored solutions to suit their unique operating requirements. The brand remains committed to partnering with customers to provide superior service and high-quality, well-maintained vehicles. Visit www.GoPenske.com.au for more information.

Penske Truck Leasing Co., L.P., headquartered in Reading, Pennsylvania, USA, is a partnership among Penske Corporation, Penske Automotive Group, Mitsui & Co., Ltd., and General Electric Capital Corporation. 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, commercial and consumer truck rentals, used truck sales, transportation and warehousing management and supply chain management solutions.