Cendant Corporation to Host Webcast of Investor Meeting to Discuss Corporate Strategy and Growth Outlook

Press Release
November 13, 2000
NEW YORK, NY -- Cendant Corporation (NYSE: CD) has announced that it will host a Webcast to discuss its corporate strategy and growth outlook. The Webcast will be held on Monday, November 13, 2000 beginning at 8:30 a.m. (EST) and ending at 2:30 p.m. To view the Webcast, visit the Cendant Web site at http://www.cendant.com and install the necessary software.

Cendant Corporation is a global provider of real estate, travel and direct marketing related consumer and business services. The Company's core competencies include building franchise systems, providing outsourcing solutions and direct marketing. As a franchiser, Cendant is among the world's leading franchisers of real estate brokerage offices, hotels, rental car agencies, and tax preparation services. The Company's real estate-related operations also include Move.com Group, Cendant's relocation, real estate and home-related services portal on the Internet. As a provider of outsourcing solutions, Cendant is a major provider of mortgage services to consumers, the global leader in employee relocation, and the world's largest vacation exchange service. In direct marketing, Cendant provides access to insurance, travel, shopping, auto, and other services primarily to customers of its affinity partners. In addition, Cendant Internet Group is pursuing a convergence strategy for the Company's off-line and online businesses. Other business units include NCP, the UK's largest private car park operator, and Wizcom, an information technology services provider. Headquartered in New York, NY, the Company has approximately 28,000 employees and operates 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 877-4INFO-CD (877-446-3623).

SOURCE: Cendant Corporation