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                                                            EXHIBIT (99)


FOR IMMEDIATE RELEASE               CONTACT:   Financial: Lauren S. Babus
                                               (201) 307-2100
                                               Press: Lauren E. Garvey
                                               (201) 307-2448


                         THE HERTZ CORPORATION DECLARES
                               QUARTERLY DIVIDEND

PARK RIDGE, NJ, NOVEMBER 6, 2000 - The Board of Directors of The Hertz

Corporation (NYSE:HRZ), the world's largest car rental company and a leading

construction and industrial equipment rental business, has declared a quarterly

dividend of $0.05 per share on the company's Class A and Class B Common Stock

payable on December 11, 2000 to shareholders of record as of November 15, 2000.

         The Hertz Corporation, headquartered in Park Ridge, N.J., operates from

approximately 6,500 locations in the U.S. and over 140 foreign countries.








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