Avis and SBC Communications Announce Plans for First Wi-Fi Service to Be Available at Car Rental Locations Nationwide.

SAN ANTONIO & PARISIPPANY, N.J. -- SBC Communications Inc. (NYSE:SBC) and Avis Rent A Car System, Inc.:

Mobile Professionals Will Benefit from Public Wi-Fi Internet Access
           in Avis Business Centers at Nation's Top Airports

         Avis Becomes First Leading Car Rental Company to Make
                  Wi-Fi Access Available to Travelers

SBC Communications Inc. (NYSE:SBC) and Avis Rent A Car System, Inc. today announced that the SBC FreedomLink Wi-Fi service will be made available in up to 88 Avis locations at major airports throughout the nation by early 2005. The SBC Wi-Fi service will be available in Avis business centers, providing added convenience and increased productivity for millions of travelers.

The SBC Wi-Fi network is one of the nation's largest Wi-Fi networks with the service available in more than 5,000 hot spots, growing to an estimated 20,000 by the end of 2006. The service enables mobile professionals to use laptop computers and personal digital assistants (PDAs) to wirelessly connect to the Internet and corporate networks at speeds 50 to 100 times as fast as a dial-up connection. Avis locations are ideally suited for Wi-Fi connectivity, providing added convenience for millions of mobile professionals to conduct business and stay connected between their flights and the road.

The companies expect FreedomLink service to be available in select Avis airport locations by the end of the year, with all 88 locations completed in early 2005. FreedomLink service will be the newest addition to Avis business centers in major airports. Avis business centers provide a quiet place for mobile professionals to conduct business with complimentary telephone, fax and copy services, enabling them to increase productivity and efficiency while away from the workplace.

"This agreement will make FreedomLink service more widely available, providing greater value to travelers, especially mobile professionals, who rely on Wi-Fi to stay productive and connected while on the road," said Scott Helbing, senior vice president, SBC consumer marketing. "We continue to expand the SBC Wi-Fi network, making service available in a wide variety of locations to meet consumer demand for wireless high-speed Internet connectivity."

"For travelers needing quick information on their way to a destination, or before boarding a plane, this Wi-Fi capability at our airport locations will be a very attractive amenity," said Mike Caron, vice president of product development for Cendant Car Rental Group, parent company of Avis. "The FreedomLink service is a natural extension of our mission to help take the stress out of travel, particularly for our many commercial customers."

FreedomLink memberships are available for $19.95 a month and provide unlimited access to all SBC Wi-Fi hot spots and discounted rates in roaming locations. Avis customers who want walk-up access can purchase a day membership for $7.95 and receive unlimited access to SBC Wi-Fi hot spots for a 24-hour session. SBC DSL customers are able to use the service at no charge until April 15, 2005. After this introductory period, the price will be $1.99 a month with a one-year term commitment for customers who choose to sign up for the service. FreedomLink customers can use Wi-Fi service in select McDonald's restaurants, The UPS Store(TM) and Mail Boxes Etc. locations, Caribou Coffee shops, airports, hotels, convention centers, restaurants, state parks, rest stops and welcome centers.

Customers can view a list of FreedomLink locations and obtain ordering information by visiting www.sbc.com/freedomlink. A listing of all Avis locations featuring FreedomLink service will be available on www.Avis.com in early December.

The SBC Wi-Fi service is part of an integrated effort to meet customer demand for a comparable broadband experience in the home, office or on the road. SBC Internet Services has sold more than a million wireless home gateways to DSL customers who wished to establish a wireless home network, and SBC companies are working with Cingular Wireless to utilize Wi-Fi and the Cingular third-generation (3G) network to deliver unprecedented high-speed wireless Internet access.

FreedomLink(SM) public wireless high-speed Internet access is provided by SBC Internet Services. SBC, the SBC logo, FreedomLink, the FreedomLink logo, and other product names are trademarks of SBC Knowledge Ventures, L.P. All other brand names may be trademarks or registered trademarks of their respective owners. (C) 2004 SBC Knowledge Ventures, L.P. All rights reserved. SBC Yahoo! DSL is an information service that combines DSL transport, Internet access and applications from SBC Internet Services, with customized content, services, and applications from Yahoo! Inc.

FreedomLink Promotion: Connections available at FreedomLink Hot Spots only. Roaming locations are not available, except select McDonald's restaurants. An 802.11 b/g enabled device is required for Wi-Fi access. Offer will expire on April 15, 2005. Promotion and any session may not be extended beyond the previously stated time. Users must register and receive a SBC Yahoo! DSL User ID and Password before signing onto the FreedomLink network. Also, before starting a session, users must review the Terms & Conditions and indicate their acceptance by clicking on the 'I Accept' button. Connections will be limited to the Master Account for SBC Yahoo! DSL subscribers. Subject to change without notice. Service is not available in all areas.

$19.95 monthly pricing requires one-year term commitment. $100 early termination fee applies. Users must pay all service and usage charges incurred prior to termination. At the end of term commitment, service will continue on a monthly basis at current rates. Roaming available at participating locations. For Basic Membership customers, roaming surcharges apply. In addition to FreedomLink Terms and Conditions, acceptance of Membership Agreement is required. All charges will be billed to your credit card.

About SBC

SBC Communications Inc. is a Fortune 50 company whose subsidiaries, operating under the SBC brand, provide a full range of voice, data, networking, e-business, directory publishing and advertising, and related services to businesses, consumers and other telecommunications providers. SBC holds a 60 percent ownership interest in Cingular Wireless, which serves more than 46 million wireless customers. SBC companies provide high-speed DSL Internet access lines to more American consumers than any other provider and are among the nation's leading providers of Internet services. SBC companies also now offer satellite TV service. Additional information about SBC and SBC products and services is available at www.sbc.com.

About Avis

Avis Rent A Car System, Inc. and its subsidiaries operate the world's second largest general-use car rental brand, providing business and leisure customers with a wide range of services at nearly 1,800 locations in the United States, Canada, Australia, New Zealand and the Latin American / Caribbean region. Avis is one of the world's top brands for customer loyalty, ranking as the number one rental car brand in the 2004 Brand Keys(R) Customer Loyalty Index, and tying for the highest ranking in the 2003 J.D. Power & Associates rental car customer satisfaction study. The company is part of Cendant Car Rental Group, a wholly-owned subsidiary of Cendant Corporation (NYSE: CD), a diversified global provider of business and consumer services primarily within the real estate and travel sectors. For more information visit www.avis.com or www.cendant.com/media.