Hertz Signs Supplier Agreement with lastminute

Hertz has signed a preferred supplier partnership agreement with
lastminute.com to provide global car rental to customers making
reservations via Europe`s number one independent on-line travel and
leisure group. The agreement will take effect immediately.


Over the last year lastminute.com has experienced enormous growth
with total transaction value up 140% on the previous year. Its travel
segment performed very strongly and car hire, with a newly designed
booking engine, is becoming a key element of lastminute.com`s travel
product range. The newly signed agreement with Hertz enables
lastminute.com to further enhance its travel product offering by
giving its customers online access to one of the most respected car
rental companies in the world, at the best rates. Through this
agreement, Hertz and lastminute.com, leading players in their
respective fields, are committed to offer convenient solutions with a
guarantee of high quality service to all their customers.


Bill Jones, Vice President for Marketing and Sales at Hertz commented
on the new agreement: “We are delighted to have signed a preferred
supplier partnership agreement with lastminute.com. Over the past
four years lastminute.com has established itself as a leading
European player in the online retail, leisure and travel markets.
lastminute.com was the obvious choice for a strategic on-line
partnership as Hertz continues to develop and expand its on-line
reach.”


Martha Lane Fox, Group Managing Director for lastminute.com said: “We
are delighted to have added Hertz to our portfolio of suppliers
particularly with the recent relaunch of our carhire category across
the group - offering customers real time online access to carhire
product. We look forward to a rewarding relationship with Hertz.”

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Hertz is the world`s largest and longest established vehicle rental
company and operates from over 7,000 locations in more than 150
countries.


Related stories on ITN:

(29/10/2002) lastminute.com Signs Deal for Customers to Park and Fly
(27/09/2002) lastminute.com Plc (UK) - Trading Update
(28/08/2002) LastMinute.com to Acquire Travelprice.com
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