RNS Number:2133P
Avis Europe PLC
01 September 2003

Press Release
Embargoed for 0700 1St September 2003


                                AVIS EUROPE PLC
                                  BOARD CHANGE


Avis Europe plc regrets to announce that Mark McCafferty, Chief Executive, has
advised the Board of his intention to leave the company to look at taking up
other opportunities, including in the private equity market.  In agreement with
the Board he expects to remain until early 2004, so as to work with the
Directors to ensure management continuity and assist with the transition
process.

In expressing appreciation for his achievements over the past 5 years, Sir Bob
Reid, Chairman, said, "Mark has taken the company through expansion and more
recently through turbulent times, and by making the difficult decisions on
organisation and investment expenditure, has ensured its continuing leadership.
In the midst of this period, he has successfully pursued the strategic
development of the company and in particular completed the acquisition of
Budget, so securing another platform for future growth."

Mark McCafferty said, "Over the last 5 years, we have grown the business by over
60% and more recently steered it through some of the toughest times ever seen in
the travel industry.  With the Budget acquisition, entry into Asia and some
signs of recovery in the world's economies, the company is now well positioned
for renewed growth.

On the personal front, I have decided to look at other opportunities and have
advised the Board accordingly.  It has been a privilege to lead Avis and I look
forward to working with the Chairman and the Board to ensure a successful
transition."


Enquiries:-
Mark McCafferty, Chief Executive                                               Ben Foster
Lesley Colyer, Group Director - Personnel & Corporate Affairs                  020 7269 7247
Avis Europe plc Tel:  01344 426644





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