Your best bet in the exercise department is a good cardio routine.
Atleast fortyfive minutes a day, everyother day. On the in between days do about 30 minutes to maintain what you had from the day before. On the cardio you'll want to vary your pace/incline/resistance/whatever your cardio workout requires. That way it focuses your body on losing fat rather than just improving cardiovascular strength. As for diet, try fitting into a fairly low carb diet, but with lots of protein, and make sure you get enough of everything else, either with full meals, or with vitamins. My drink of choice for my workouts is gatorade. Good luck losing a few inches.
I would agree that low carb, high protein diet may be the way to go. I had a friend that got married a couple years ago. About 8 months before his wedding, he got on a version of the atkins diet, a diet I honestly don't know all that much about. But, he lost significant weight. I will say, he has since put it back on. But it helped him in the short term. Just a thought.