Central Parking Corporation Awarded Roundabout Plaza Management Contract

NASHVILLE, Tenn.--(BUSINESS WIRE)-- Central Parking Corporation (NYSE:CPC) today announced the signing of a contract with Eakin Partners, LLC to manage parking at the new Roundabout Plaza office building in the Music Row area of Nashville, Tennessee. Operations commence October 8. Central Parking System of Tennessee, Inc., an affiliate of the Company, will manage 650 covered spaces serving the tenants of the nine-story, 205,000 square-foot Class A property located at 1600 Division Street. The completion of Roundabout Plaza totals over 3.5 million square feet of office development for the principals of Eakin Partners.
Central_Parking_Corp.jpgMonroe Carell, Jr., Central Parking Corporation chairman and chief executive officer, commented, "We are delighted to enter into this agreement with Eakin Partners to provide parking at Nashville's newest signature office development. Roundabout Plaza, at the convergence of Music Row and Demonbreun Street, will be the headquarters of many professionals in the legal, banking, insurance and music/entertainment industries. Our goal is to assist our client with maximized asset management and provide tenants with responsive and professional service."

Central Parking Corporation, headquartered in Nashville, Tennessee, is a leading global provider of parking and transportation management services. The Company operates approximately 3,600 parking facilities containing approximately 1.6 million spaces at locations in 38 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.
Central Parking Corp.
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