While net income for Avis Group Holdings, Inc. is up 37% for the past three months ending in June 2000, rental revenue only accounted for 5% of the increase. For the six months ended June 2000, the company’s net income gained 34% when compared to 1999, of which rental revenue contributed 4%. Here are the figures:

Three Months Ended June 2000

2000/1999 Revenue

Vehicle Rental: $666,597/$637,457

2000/1999 Revenue from Vehicle Management Services

Vehicle Leasing: $356,050/N/A

Other Fee-Based Revenue: $73,821/N/A

Total Revenue: $1,096,468/$637,457

Net Income: $37,432/$27,282

Six Months Ended June 2000

2000/1999 Revenue

Vehicle Rental: $1.25B/$1.2B

2000/1999 Revenue from Vehicle Management Services

Vehicle Leasing: $707,158/N/A

Other Fee-Based Revenue: $146,870/N/A

Total Revenue: $2.1B/$1.2B

Net Income: $57,018/$42,468

Figures are in thousands.