Cendant Chairman - Silverman to Give Keynote Speech

Cendant Corporation (NYSE:CD) announced today that its President, Chairman and CEO, Henry R. Silverman, will be the keynote speaker and present his views on the travel industry and travel distribution at the CIBC World Markets 11th Annual Gaming, Lodging and Leisure Conference on Tuesday, February 26, 2002. His presentation will be available for viewing the same day on Cendant`s Web site at www.Cendant.com. Additionally, Mr. Silverman is scheduled to appear on the new CNBC show, “Wake-Up Call” between 7:30 and 8:00 a.m. (EST) on February 26th.

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 www.Cendant.com or by calling 877-4-INFOCD (877-446-3623).