Dollar Thrifty Automotive Group, Inc. (NYSE: DTG) announced today that it has completed its previously announced public offering of 5,750,000 shares of its common stock at a price to the public of $19.25 per share. In connection with the offering, the Company has also granted the underwriters a 30-day option to purchase up to an additional 862,500 shares of common stock.

The offering resulted in aggregate net proceeds to the Company of approximately $105 million, after deducting underwriting discounts and commissions and estimated offering expenses. The Company intends to use the net proceeds from the offering for general corporate purposes.

Goldman, Sachs & Co. and J.P. Morgan Securities Inc. acted as joint book-running managers for the offering.

The shares were offered pursuant to the Company’s effective shelf registration statement on file with the Securities and Exchange Commission. The offering was made only by means of a prospectus and related prospectus supplement, which may be obtained by visiting the SEC’s website at www.sec.gov or by contacting Goldman, Sachs & Co. (Attention: Prospectus Department, 85 Broad Street, New York, New York 10004; telephone: (917) 343-8000; facsimile: (212) 902-9316; email: [email protected]) or J.P. Morgan Securities Inc. (Attention: Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, New York 11717; telephone: (631) 254-1735).

This press release does not constitute an offer to sell or the solicitation of an offer to buy the common stock, nor shall there be any such offer or solicitation or any sale of the common stock in any jurisdiction in which such offer, solicitation or sale would be unlawful.