Penske Truck Leasing Recognizes Its Best Technicians at 2006 National Technical Challenge

READING, Pa., August 2, 2006 - During the course of a year, top-notch Penske service technicians ensure hundreds of thousands of trucks motoring across North American highways run smoothly and safely by employing both state-of-the-art diagnostic technologies and tried-and-true tools like the wrench.

Penske Truck Leasing recently hosted its 2006 National Technical Challenge at its Charlotte, N.C. location, followed by the awards banquet at the world-class Penske Racing South facility in Mooresville, N.C., and awarded 15 participants cash prizes and recognition for being the "best of the best" in their field.

Penske's Technical Challenge is a corporate competition designed to provide employees with an opportunity to test their knowledge and skills through written and "hands on" assessments. The challenge features two separate competitions including the Preventive Maintenance competition, in which participants compete individually to identify vehicle defects, and the Vehicle Diagnostic and Troubleshooting competition, in which teams of two use the Penske Shop Diagnostic Computer to read active fault codes, diagnose and repair problems found on vehicles.

"We are very proud of the 2006 Technical Challenge winners, and recognize the hard work and dedication that they have demonstrated to improving their skills," said Ken McKibben, Penske's Senior Vice President - Field Maintenance. "Penske depends on its employees to deliver the best maintenance service in the industry, and the Technical Challenge offers our service team an opportunity to test those skills, and show their commitment to delivering the highest level of quality and customer service."

Penske's Technical Challenge has increased in popularity among employees, as is evidenced by the increase in participation numbers each year. This year was no exception with over 1,600 service associates competing for the grand prize - the most since its inception in 1995. Approximately thirty-one percent of Penske's technicians and customer service representatives took part.

Vehicle Diagnostics and Troubleshooting Competition

First Place, National/First Place, MidAtlantic
Robert Anthony Lehighton, Pa.
Edward Glaessman Center Valley, Pa.

Second Place, National/First Place, Florida
Stuart Martin Ocala, Fla.
Dustin Konkle Lake Helen, Fla.

Third Place, National/First Place, Great Lakes
John Crawford Parma Heights, Ohio
Scott Byler Pulaski, Pa.

Fourth Place, National/First Place, Northwest
Christopher McGoldrick Colma, Calif.
Anthony Leal San Jose, Calif.

Fifth Place, National/First Place, Western
Richard Rodriguez Mcallen, Texas
David Edwards San Antonio, Texas

Preventive Maintenance Competition

First Place, National/First Place, Northeast
Gary Donahue Hannibal, N.Y.

Second Place, National/First Place, North Central
Joshua Tristan Crown Point, Ind.

Third Place, National/First Place, Mountain Area
Gerritt Stueber Las Vegas, Nev.

Fourth Place, National/First Place, South Central
Patrick John Guidry Odessa, Texas

Fifth Place, National/First Place, MidSouth
Gerald Puckett Boaz, Ala.

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 216,000 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.