Avis Southern Africa (Subsidiary)

Avis Southern Africa Limited. The Group's principal activity is divided into two operating segments, namely car rental and value added services. The Group also provides accident management, driver training, insurance and customer relationship management. The Group operates in Southern Africa and the Scandinavian regions. Car Rental accounted for 76% of fiscal 2003 revenues and Value Added Services, 24%. Car Rental accounted for 76% of fiscal 2003 revenues and Value Added Services, 24%