Penske Truck Leasing Opens New Chester, Va. Facility

READING, Pa., November 8, 2007 - Today, Penske Truck Leasing celebrated the grand opening of a new facility in Chester, Va., located on 13201 Grover Court. The 16,000 square-foot state-of-the-art facility offers commercial and consumer truck rental services, full-service truck leasing and contract maintenance. About 70 leasing customers are handled at this 6.5-acre location and over 500 vehicles are maintained on-site.

The one-story building incorporates Penske Truck Leasing's new facility design elements, features state-of-the-art technology and is designed to enhance the customer experience. Penske continues its expansion efforts across North America. A new wireless technology component allows Penske service technicians to integrate various vehicle diagnostic and repair software. To save energy, GE fluorescent light bulbs with electronic ballasts using 50 percent less energy have been installed.

The facility cost approximately $5.3 million to construct, and has three service bays, an automatic truck washing bay and a six-lane fuel island with high-speed fuel pumps for fast, efficient service.

Penske previously operated a facility at 1831 Commerce Road, Richmond.

"The move to a state-of-the-art facility in Chester translates to added value for Penske customers," stated John Crockett, Senior Vice President - Southeast Region, Penske Truck Leasing. "We will be adding more associates as we continue to expand in the Richmond market."

The rental department, which can be reached at 804-233-7611, is open Monday through Friday from 7 a.m. to 6 p.m., Saturday from 8 a.m. to 3 p.m.; and on Sunday from 8 a.m. to 12 p.m. The service department, available at 804-233-7818, is open Monday through Friday, 6 a.m. to 11 p.m.; and on Saturday from 6 a.m. to 3 p.m.

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.