Cendant Launches Online Media Resource Center

Press Release: Cendant Corporation
February 20, 2002
NEW YORK, NY -- Cendant Corporation (NYSE: CD) yesterday launched a dynamic new Media Resource Center (MRC) on its web site at http://www.cendant.com/media/. The Cendant MRC provides journalists with up-to-date information on industries in which Cendant brands and business units operate.

The new resource center offers information on trends within real estate services, hospitality services, vehicle services, travel distribution services and financial services. In addition, members of the media can access biographies and contact information on experts within these business segments, as well as stock photography, presentations, bylined articles and executive photos.

The resources found in the Cendant MRC will be updated frequently to keep journalists apprised of evolving industry trends.

The resource center was developed for journalists, with their input. In December 2001, 20 general business and trade publication journalists from across the U.S. were given the opportunity to review and comment on the MRC prototype.

``We're excited to share the new resource center with journalists, especially given the fact that select members of the media have played an integral role in helping to define the nature and delivery of the center's content,'' said Elliot Bloom, senior vice president, Cendant Corporate Communications. ``That being said, the center will continue to evolve based on the needs and recommendations of the journalists who use it.''

Cendant Corporation is primarily a provider of travel and residential real estate services. With approximately 60,000 employees, New York City-based Cendant provides these services to businesses and consumers in over 100 countries.

More information about Cendant, its companies, brands and current SEC filings may be obtained by visiting the Company's Web site at http://www.Cendant.com or by calling 877-4-INFOCD (877-446-3623).

SOURCE: Cendant Corporation