RNS Number:4151T
Avis Europe PLC
18 December 2003




18th December 2003

Avis Europe plc ("the Company")

The Board of Directors of Avis Europe plc received notification on 17th December
2003, pursuant to sections 198 - 202 of the Companies Act 1985, that Franklin
Resources, Inc, and its affiliates, which includes Franklin Mutual Advisers LLC
and Templeton Worldwide, Inc. and its affiliates, now hold 18,380,958 ordinary
shares in the Company representing 3.1379% of its issued ordinary share capital.

Enquiries:

Judith Nicholson
Company Secretary
Tel: 01344 426644




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