Ryder Agrees to Acquire Gator Leasing

April 14, 2008

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Ryder System has reached an agreement to acquire substantially all the assets of Gator Leasing,
a full service truck leasing, commercial truck rental, and fleet services company headquartered in Miami.

The acquisition is expected to be finalized in May. Ryder will acquire Gator Leasing's truck fleet of approximately 2,300 full service lease and rental units and approximately 300 contract customers served by Gator Leasing from its nine locations in Florida.

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