Penske Sponsors Local Olympian Allison Baver

READING, Pa., March 13, 2006 -Today, Penske Truck Leasing announced its sponsorship of U.S. Olympic speedskater and Reading, Pa. native Allison Baver. As a part of the sponsorship, Baver will promote Penske Truck Rental to consumers and conduct personal appearances for the company.

"We are very pleased to work with Allison as she continues her quest for Olympic gold and world championships," said Jim Feenstra, Senior Vice President, Marketing for Penske. "As an Olympic athlete, she exemplifies the same excellence and values we're dedicated to for our customers and associates. She also represents a key demographic for our consumer rental product line. We couldn't ask for a more dedicated, well-spoken athlete."

Baver is a member of the U.S. Short Track National Team and recently competed in the 2006 Olympic Winter Games in Torino, Italy in the Short Track Speed Skating Ladies' 500m, 1500m and 3000m Relay. At the 2006 Olympic Winter Games, Baver finished seventh in the Women's 500m and fourth in the Ladies' 3000m Relay competitions.

"I thank the Penske organization for sponsoring me," said Baver. "The support from sponsors like Penske and others helps athletes like myself get the training and resources we need to compete against the best in the world and represent the United States."

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 over 216,000 vehicles and serves customers from over 1,000 locations in North America, South America, Europe, and Asia. Product lines include full-service 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 services.