Penske Truck Leasing Opens Springfield, Mo. Facility

READING, Pa., August 10, 2007 - Today, Penske Truck Leasing celebrated the grand opening of a new facility in Springfield. Mo., located on 2526 N. Neergard Ave. The 14,000 square-foot state-of-the-art facility, currently employing 20 associates, offers commercial and consumer truck rental services, full-service truck leasing and contract maintenance. About 50 leasing customers are handled at this seven-acre location and nearly 400 vehicles are maintained on-site.

The one-story building incorporates Penske Truck Leasing's new facility design elements and features state-of-the-art technology to enhance the customer experience. A new wireless technology component allows Penske service technicians to integrate various vehicle diagnostic and repair software.

The facility cost approximately $5 million to construct, and has four service bays, a state-of-the-art automatic truck washing bay and a two-lane fuel island with high-speed fuel pumps for fast, efficient service.

Penske previously operated a facility nearby at 2461 N. Neergard Ave.

"Penske is now better able to serve our existing customers, and gain additional business, with this new facility in Springfield," said, Paul Prang, Senior Vice President - North Central Region, Penske Truck Leasing. "We are pleased to offer additional services to the state's third-largest city, with a metropolitan market that is nearing 400,000. We plan to add additional associates in the near future as we continue to grow."

The service department, available at 417-832-9495, is open seven days a week. The rental department, which can be reached at 417-832-9494 is available Monday through Saturday.

Penske Truck Leasing Co., L.P., headquartered in Reading, Pa., is a joint venture of Penske Corporation 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, commercial and consumer truck rentals, transportation and warehousing management, and supply chain management solutions. Visit www.GoPenske.com to learn more about the company and its products and services.