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Penske Truck Leasing Opens New Facility in Oklahoma City, Okla.

READING, Pa., April 23, 2008 - Today, Penske Truck Leasing hosted the grand opening of a new facility in Oklahoma City, Okla., located at 1201 S.E. 89th St. The 18,500 square-foot state-of-the-art facility, employing 20 associates, offers commercial and consumer truck rental services, full-service truck leasing and contract maintenance. About 50 leasing customers are serviced from this eight-acre location and over 350 vehicles are maintained on-site.

The structure features four service bays, a truck washing bay and a two-lane fuel island with high-speed fuel pumps for fast, efficient service.

The one-story building incorporates Penske Truck Leasing's new facility design elements, features state-of-the-art technology and is designed to enhance the customer experience. Penske continues its expansion efforts across North America. 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.

"We are pleased to open a second location in Oklahoma City," stated Terry Scott, Senior Vice President - South Central Region, Penske Truck Leasing. "We're confident this new top-of-the-line facility will lead to increased business opportunities. We anticipate the hiring of new associates to keep pace."

For more information, please call 405-635-3900. The rental department is open Monday through Friday from 7 a.m. to 6 p.m. and on Saturday from 8 a.m. to noon. The service department operates from 7 a.m. to midnight Monday through Friday, and on Saturday from 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 220,000 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.

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