Cendant Announces Date of Annual Meeting of Shareholders

Press Release: Cendant Corporation
March 1, 2001
NEW YORK, NY -- Cendant Corporation (NYSE: CD) yesterrday announced that its annual meeting of shareholders will be held on May 22, 2001, 10:00 a.m. at the Ramada Inn and Conference Center located at 130 Route 10 West in East Hanover, NJ. The record date for the determination of shareholders entitled to receive notice of, and vote at, the meeting is March 26, 2001.

A more detailed description of the matters to be discussed at the annual meeting are included in a definitive proxy statement that will be filed with the Securities and Exchange Commission in late March.

About Cendant Corporation

Cendant Corporation is a diversified global provider of business and consumer services primarily within the real estate and travel sectors. The Company's core competencies include building franchise systems and providing outsourcing services. Cendant is among the world's leading franchisers of real estate brokerage offices, hotels, rental car agencies, and tax preparation services. Cendant is also a provider of outsourcing solutions to its business partners including mortgage origination, employee relocation, customer loyalty programs and vacation exchange services. Other business units include NCP, the UK's largest private car park operator, and WizCom, an information technology services provider. With headquarters in New York City, 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 calling 877-4INFO-CD (877-446-3623) or by visiting the Company's Web site at http://www.Cendant.com.

SOURCE: Cendant Corporation