Cendant Chairman to Present at Lehman Conference

28th May 2003

New York, NY. 05-28-2003—Cendant Corporation (NYSE: CD) today announced that Henry Silverman, chairman and CEO, is scheduled to present at the Lehman Brothers Global Services Conference on Tuesday, June 3, 2003 in New York City. Mr. Silverman is expected to provide an update on current business trends, and to discuss the company`s outlook for the future.
Cendant Corporation`s presentation will be Web cast live at 8:40 AM ET, Tuesday, June 3, 2003. To listen to the discussion, visit the Cendant Web site at www.cendant.com and click on the link provided. A Web cast replay will be available shortly after the live presentation, and will be archived on the Web site.
Cendant Corporation is primarily a provider of travel and residential real estate services. With approximately 90,000 employees, New York City-based Cendant provides these services to businesses and consumers in over 100 countries.


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