Cendant Corporation's Hotel Group Chief Operating Officer To Present At The Cibc 15th Annual Gaming, Lodging & Leisure Forum

Live Web Cast Available on Thursday, March 2nd at 9:40 AM ET

(Thursday, February 23, 2006) - Cendant Corporation (NYSE: CD) today announced that Anthony Berger, COO of Cendant Corporation's Hotel Group, is scheduled to present at the CIBC 15th Annual Gaming, Lodging & Leisure Forum on Thursday, March 2, 2006 in New York City.

Cendant Corporation's presentation will be Web cast live at 9:40 AM ET, Thursday, March 2, 2006. To listen to the discussion, visit Cendant's Web site at http://www.cendant.com and click on the link provided. A web cast replay will be available shortly after the live presentation, and will be archived on the Web site.

About Cendant
Cendant Corporation is primarily a provider of travel and residential real estate services. With approximately 85,000 employees, New York City-based Cendant provides these services to businesses and consumers in over 100 countries. More information about Cendant, its companies, brands and current SEC filings may be obtained by visiting the Company's Web site at www.cendant.com.

Media Contact:
Elliot Bloom
(212) 413-1832

Investor Contacts:
Sam Levenson
(212) 413-1834

Henry A. Diamond
(212) 413-1920