READING, Pa., May 14, 2008 - Today, Penske Truck Rental, a service of Penske Truck Leasing, announced it was awarded the General Services Administration (GSA) Transportation, Delivery and Relocation Solution Schedule 48 contract and is now an approved vendor for truck rentals. The GSA is the central procurement and property management agency for the federal government.

"We're very pleased to be a part of the GSA Advantage program," said Art Vallely, Senior Vice President, Rental - Penske Truck Leasing. "We now offer easy access to our large commercial rental fleet and convenient locations to a wide spectrum of government organizations and approved contractors."

Government agencies or approved government contractors may now call Penske for their truck rental needs at 1-800-PENSKE1 or visit http://www.pensketruckrental.com/commercial-truck-rentals/ and click the GSA Advantage banner link.

Penske's contract award is a direct result of a complex GSA screening process that evaluated its professional capabilities, organizational structure, performance, and other criteria. As a result, Penske was deemed qualified by the GSA to perform work directly for government entities.

In a related matter, Penske has also earned the opportunity to participate in GSA's RSVP Short-Term Vehicle Rental Services Program enabling it to directly contract with federal agencies and also serve as a part of GSA's supplemental vehicle fleet on an as-needed basis.

Penske's commercial truck rental fleet includes more than 55,000 vehicles consisting of vans, light-duty, medium-duty, and heavy-duty straight trucks, tractors, trailers, and specialized vehicles such as refrigerated trucks and utility bucket trucks, available from convenient locations nationwide.

About Penske Truck Leasing

Penske Truck Leasing Co., L.P., headquartered in Reading, Pa., is a joint venture of Penske Corporation and General Electric. A leading global transportation services provider, Penske operates more than 225,000 vehicles and serves customers from more than 1,000 locations in North America, South America, Europe and Asia. Product lines include full-service truck leasing, contract maintenance, commercial and consumer truck rentals, transportation and warehousing management, and supply chain management solutions. Visit www.GoPenske.com to learn more about the company and its products and services.