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PHH Arval Receives 2006 Outstanding Strategic Supplier Collaboration Award from Merck And Co., Inc.

April 24, 2007

SPARKS, MD – PHH Arval was the recipient of Merck & Co., Inc.’s “2006 Outstanding Strategic Supplier Collaboration Award,” presented recently at Merck’s annual Supplier Recognition Forum in Whitehouse Station, N.J.

The Outstanding Strategic Supplier Collaboration Award recognizes PHH Arval’s contribution to Merck in operating its fleet at peak effectiveness. In presenting the award, Merck cited PHH Arval’s history of partnership, value-added services, consulting capabilities, and insight into best practices in the fleet industry.

George Kilroy, PHH Arval’s President and CEO, accepted the award on behalf of the company. “We are truly honored by this award, which focuses on our partnership with Merck – a relationship that spans almost 50 years. Merck’s Supplier Value Management program proactively builds relationships with key suppliers, establishing goals and measuring results – and we’re proud of the results we’ve helped Merck achieve. The Merck fleet sourcing team is clearly focused on ensuring that their company’s sales fleet is best-in-class.”

Representatives from Merck & Company present the 2006 Outstanding Strategic Supplier Collaboration Award to PHH Arval. (L-R): Mario Moses, Merck senior sourcing analyst; James Jin, Merck manager of procurement; Mike Boehm, PHH Arval regional vice president; George Kilroy, PHH president and CEO; Steve DiBiagio, PHH senior vice president; and Richard Spoor, Merck vice president of global procurement.

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