Central Parking Corporation Selected for Philadelphia Eagles' New Stadium

NASHVILLE, Tenn, Central Parking Corporation (NYSE:CPC) today announced that it has signed a three-year management agreement to provide parking services at Lincoln Financial Field - home of the Philadelphia Eagles National Football League franchise. The new stadium has a seating capacity of more than 68,500 and, including professional football, will host between 30 - 50 events annually. Central Parking will manage 2,300 spaces adjacent to the stadium.
CPS.jpgMonroe Carell, Jr., chairman and chief executive officer, commented, "Lincoln Financial Field, home of the Philadelphia Eagles and Temple University Owls, ranks as one of the top echelon sports and entertainment venues in the country. We now have contracts at seven NFL stadiums: The Coliseum (Tennessee Titans), Paul Brown Stadium (Cincinnati Bengals), Ralph Wilson Stadium (Buffalo Bills), Raymond James Stadium (Tampa Bay Buccaneers), M&T Bank Stadium (Baltimore Ravens), Lincoln Financial Field and for valet parking at Pro Player Stadium (Miami Dolphins). In addition, Central Parking manages operations at Major League Baseball sites such as Yankee Stadium, Turner Field, Coors Field, Oriole Park at Camden Yards, Shea Stadium, Tropicana Field, and The Great American Ballpark in Cincinnati - as well as for events at Madison Square Garden, Wachovia Center and other NBA and NHL arenas. Our sports and entertainment portfolio has grown to more than 30 locations and we are actively pursuing further expansion of this important market segment."

Central Parking Corporation, headquartered in Nashville, Tennessee, is a leading global provider of parking and transportation management services. The Company operates approximately 3,800 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.
Central Parking Corporation
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