Hertz

3Q 2010 Earnings Call

November 3, 2010 10:00 am ET

Dial in: (800) 230-1085 (US) (612) 288-0337 (International) Passcode: 175614

Safe Harbor Statement
Certain statements made within this presentation contain forward-looking statements, within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are not guarantees of performance and by their nature are subject to inherent uncertainties. Actual results may differ materially. Any forward-looking information relayed in this presentation speaks only as of November 2, 2010, and the Company undertakes no obligation to update that information to reflect changed circumstances. Additional information concerning these statements is contained in the Company’s press release regarding its Third Quarter 2010 results issued on November 2, 2010, and the Risk Factors and Forward-Looking Statements sections of the Company’s 2009 Form 10-K and Second Quarter 2010 Form 10Q. Copies of these filings are available from the SEC, the Hertz web site or the Company’s Investor Relations Department.

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Non-GAAP Measures
The following non-GAAP measures will be used in the presentation:
EBITDA Corporate EBITDA Adjusted Pre-Tax Income Adjusted Net Income Adjusted Diluted Earnings Per Share Net Corporate Debt Net Fleet Debt Total Net Debt Corporate Restricted Cash Adjusted Interest Expense Adjusted DOE Adjusted SGA Levered After-Tax Cash-Flow Before Fleet Growth Levered After-Tax Cash-Flow After Fleet Growth

Definitions and reconciliations of these non-GAAP measures are provided at the end of the presentation.

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Today’s Agenda
Industry & Strategic Overview
Mark Frissora, Chairman and CEO

Financial & Operating Results Overview
Elyse Douglas, Executive VP and CFO

Outlook & Guidance
Mark Frissora, Chairman and CEO

Questions & Answers Session

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Q3:10 Opening Remarks
Delivered solid third-quarter performance despite slower pace of economic recovery

Revenue... [continues]

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