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Car/Limo Rentals

 April 14, 2005
Sixt Rent A Car Expands To Asia

 The mobility services provider Sixt AG has signed on its first Asian Franchise Partner in Thailand. Sixt, Germany's largest car rental company, signed agreements with Thailand's VIG Car Rent who will launch the Sixt operation in July 2005.

Sixt will first launch 3 stations in Bangkok, Phuket and Ko Samui and will expand to a presence in all major cities in Thailand. The company will also offer a full spectrum of mobility services, including short-term car rental, limousine services and fleet management solutions for corporate accounts.

Sixt is already in negotiations with potential franchise partners in other Asian countries and expects to sign several new Franchisees over the next few months.

Said Erich Sixt, Chairman of the Managing Board of Sixt AG: "The Franchise Partnership with VIG Car Rent for the Thai Market is a milestone of our international expansion as it marks our entry into the high growth market of Asia. We are particularly happy to have found a strong partner like VIG Car Rent for our business in Thailand and are confident that our customers will soon be able to enjoy a full range of services in Thailand".

Said Thongchai Jira-alongkorn, Managing Director of VIG: "Sixt provides us with the ideal platform to launch a range or new mobility products in Thailand. I am confident that we will quickly develop a leadership position in Thailand with the synergies VIG Car Rent brings to the business and the world class Service Sixt stands for.