Penske Truck Leasing Opens Sacramento, Calif. Facility

READING, Pa., June 20, 2007 - Today, Penske Truck Leasing celebrated the grand opening of a new facility in Sacramento, Calif., located on 53 Morrison Ave. The 18,000 square-foot state-of-the-art facility, currently employing 25 associates, offers commercial and consumer truck rental services, full-service truck leasing and contract maintenance. About 60 leasing customers are handled at this 10-acre location and nearly 750 vehicles are maintained onsite.

The one-story building incorporates Penske Truck Leasing's new facility design elements and features state-of-the-art technology to enhance the customer experience. A new wireless technology component allows Penske service technicians to integrate various vehicle diagnostic and repair software. To save energy, GE fluorescent light bulbs with electronic ballasts using 50 percent less energy have been installed.

The facility cost approximately $9 million to construct, and has four service bays, a truck washing bay and a three-lane fuel island with high-speed fuel pumps for fast, efficient service.

Penske previously operated a Sacramento facility at 1781 South River Road.

"Penske is now able to service one of the nation's fastest growing areas with this sparkling new facility," said Peter Weeks, Senior Vice President - West Region, Penske Truck Leasing. "There are over a million residents and numerous businesses in the greater Sacramento area. Penske plans to add more associates in the near future as our business presence expands in this burgeoning region."

The service department, available at 916-371-4250, is open Monday through Friday, 6 a.m. to 11 p.m., and on Saturday from 7 a.m. to 3:30 p.m. The rental department, which can be reached at 916-372-6000, is open Monday through Friday from 7 a.m. to 5:30 p.m.; and on Saturday from 8 a.m. to 12 p.m.

The West Sacramento location, at 3009 Evergreen Avenue, is also open, and can be reached at 916-371-2521. The rental department is open Monday through Friday, 7 a.m. to 6:30 p.m., on Saturday from 8 a.m. to 3 p.m., and on Sunday from 8 a.m. until noon. The service department is open six days a week, from 7 a.m. to 11 p.m., Monday through Friday, and on Saturday, 7 a.m. to 3:30 p.m.

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 200,000 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.