Central Parking Corporation Awarded Harrisburg International Airport Contract

NASHVILLE, Tenn.--(BUSINESS WIRE)--June 10, 2003--Central Parking Corporation (NYSE:CPC) today announced that it has been awarded a management contract for parking and shuttle services at Harrisburg International Airport (identifier code MDT) in Middletown, Pennsylvania. Parking operations began May 15, 2003 and encompass 5,500 parking spaces.
cpclogo.jpg"Our selection by the Susquehanna Area Regional Airport Authority expands our airport portfolio to 29 locations as we continue to focus marketing efforts on this important parking segment," said Monroe Carell, Jr., chairman and chief executive officer. "Harrisburg International Airport serves Central Pennsylvania and accommodates more than 1.3 million passengers a year. The airport is seeing consistently greater passenger traffic each month and is expanding with the construction of the East Coast's first multi-modal transportation center. This new terminal will be capable of handling charter, commercial and public transportation buses, hotel shuttle vans, limousines, rental cars, taxis and an AMTRAK rail station. With the completion of the $222 million project in 2004, a new garage with 2,700 spaces will also come under our management."

Central Parking Corporation, headquartered in Nashville, Tennessee, is a leading global provider of parking and transportation management services. The Company operates approximately 3,900 parking facilities containing more than 1.6 million spaces at locations in 39 states, the District of Columbia, Canada, Puerto Rico, the United Kingdom, the Republic of Ireland, Mexico, Chile, Peru, Colombia, Venezuela, Germany, Switzerland, Poland, Spain and Greece.

This press release contains projections and other forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934. These projections and statements reflect the Company's current views with respect to future events and financial performance. No assurance can be given, however, that these events will occur or that these projections will be achieved and actual results could differ materially from those projected as a result of certain factors. A discussion of these factors is included in the Company's periodic reports filed with the Securities and Exchange Commission.
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