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March 28, 2003

Colonial Williamsburg Partners with Penske on Bus and Vehicle Maintenance Facility

The Colonial Williamsburg Foundation and Penske Truck Leasing have announced an agreement to build and operate a bus and vehicle maintenance facility, located 1.4 miles east of the Historic Area on U.S. Rte. 60 East. The new facility, to be owned by Colonial Williamsburg and leased to Penske, will provide fuel, maintenance and parking for Colonial Williamsburg’s buses and other fleet vehicles, parking and a drivers’ lounge for tour buses, and a full service truck leasing office.

The provisions for tour buses and drivers are intended to alleviate the visual impact of parked or idling tour buses adjacent to the Historic Area and significantly cut down on the number of tour buses in the immediate vicinity. The Colonial Williamsburg bus system is the primary source of mass transportation for guests of Colonial Williamsburg and the system is critical in minimizing automobile traffic in and around the recently-expanded 301-acre Historic Area. The convenience and reliability of Colonial Williamsburg’s buses contribute importantly to a memorable experience for guests.

The new facility will replace Colonial Williamsburg’s current vehicle maintenance facility, adjacent to the Historic Area at Franklin and Botetourt Streets. Penske has operated that facility under contract with Colonial Williamsburg since July 2001. The new facility will be built on property owned by Colonial Williamsburg and will provide fuel and maintenance services to other transit operators, including James City County.

“Penske is an acknowledged leader in vehicle maintenance and the Foundation’s buses and other vehicles are in very good hands,” said Colin G. Campbell, president and chairman of Colonial Williamsburg. “This agreement will allow Colonial Williamsburg to focus on the Historic Area, our museums and hospitality operations in support of our educational mission.”

“We are pleased to be able to design and operate a new vehicle maintenance center for Colonial Williamsburg and James City County,” said Brian Hard, president of Penske Truck Leasing. “The new facility will provide the work space and service enhancements needed to deliver the best possible transportation services to guests of the Historic Area and residents throughout the local community.”

Penske Truck Leasing, headquartered in Reading, Pa., is a joint venture of Penske Corporation and General Electric. A leading global transportation services provider, the company operates approximately 200,000 vehicles and serves customers from more than 1,000 locations in the United States, Canada, Mexico, South America and Europe. Product lines include full-service leasing, contract maintenance, commercial and consumer rental, integrated logistics services and supply chain management solutions. Penske Truck Leasing’s annual revenues are approximately $3.4 billion. Penske Truck Leasing can be reached at www.pensketruckleasing.com.

Known worldwide as the nation’s largest living history museum, Colonial Williamsburg is a not-for-profit educational institution that operates the restored 18th-century capital of Virginia. Colonial Williamsburg is located 150 miles south of Washington, D.C. off Interstate 64. For more information or reservations, call toll-free (800) HISTORY or visit Colonial Williamsburg’s Web site at www.ColonialWilliamsburg.org.

Media Contact:
Jim Bradley
(757) 220-7281



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