Hertz Global Offers '15 Business Update

Hertz Global Holdings, Inc.

("Hertz" or "the Company") today announced that it has filed its Annual Report on Form 10-K for the fiscal year ending December 31, 2014, which includes the restated results for 2012 and 2013 as well as selected unaudited restated financial information for 2011. In addition, the Company has filed its Quarterly Report on Form 10-Q for the period ending March 31, 2015. The Company is now up to date on all of its filings with the Securities and Exchange Commission (the "SEC") and with its NYSE listing requirements. Hertz also announced today progress on its planned separation of its equipment rental business (Hertz Equipment Rental Corporation or "HERC") as well as its capital allocation, cost savings, capacity plans and fleet refresh. John Tague, Hertz president and chief executive officer, said, "Today's filings are an important step forward, and our attention is now on realizing Hertz's full potential. While much work remains, I thank the Hertz team for their efforts to bring our filings up to date while continuing to remain focused on our customers and our future. "Going forward, we are committed to developing a differentiated customer experience and premium brand position for Hertz that is number one in the industry, while revitalizing Dollar and Thrifty into leading value brands. We aspire to be the best rental car company in the world, recognized for the quality and convenience of our products and services, as well as the value we will create for shareholders. "2015 is a transition year for Hertz. We are making important investments in our fleet, systems and service, and adding new talent to complement the existing expertise throughout the Company. In addition, we are taking actions to rationalize the Company's cost platform, dramatically improve customer satisfaction and reset our capacity. These actions and early results are indicative of the progress we are making across the organization. Our commitment to the Company's share buyback program is reflective of our confidence in driving operating performance that is sustainable and enables us to return capital to shareholders."