Penske Truck Leasing Opens Augusta, Ga. Facility

READING, Pa., September 19, 2007 - Today, Penske Truck Leasing celebrated the grand opening of a new facility in Augusta, Ga., located on 1501 Dixon Airline Road. The 17,000 square-foot state-of-the-art facility offers commercial and consumer truck rental services, full-service truck leasing and contract maintenance. About 40 leasing customers are handled at this nine-acre location and nearly 400 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. 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 $5.5 million to construct, and has three service bays, an automated truck washing bay and a two-lane fuel island with high-speed fuel pumps for fast, efficient service.

Penske previously operated an Augusta facility at 1806 Carmichael Court.

"We're excited to move into a state-of-the-art facility, which means more advantages for the Augusta market," said John Crockett, Senior Vice President - Southeast Region, Penske Truck Leasing. "This will result in increased value for current Penske customers, and allow us to expand our capabilities and our customer base, and that will lead to the hiring of more associates in the future."

The service department, available at 706-796-3934, is open Monday through Saturday, 7 a.m. to 11 p.m., and on Sunday from 7 a.m. to 3:30 p.m. The rental department, which can be reached at 706-798-4493, is open Monday through Friday from 7:30 a.m. to 5:30 p.m., and on Saturday from 8 a.m. to 11 a.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.