Central Parking Corporation Signs Contract with University of California, Irvine

Central Parking Corporation (NYSE: CPC) today announced that Central Parking System, Inc. has begun operations of a multi-year management agreement with the University of California, Irvine Medical Center (UCI).
Central Parking will provide parking and transportation services throughout the medical center campus. The parking services commenced on May 2, 2005, which included a 775-space, six-level self-park garage. Additionally, two valet stations for the hospital and emergency room commenced on May 22, 2005, along with shuttle service between the medical center and the University, which commenced on May 9, 2005.

Commenting on the contract, Gregory J. Stormberg, Central Parking Corporation Senior Vice President, said, "We are very gratified that the Medical Center's administration has selected Central Parking to operate the parking and transportation operation of this very prestigious Medical Center. We look forward to providing UCI Medical Center patients, guest and employees with our highest level of service."

About UCI Medical Center

uci.jpgUCI Medical Center, a 33-acre campus and over 1 million square feet is recognized by U.S. News and World Report as one of "America's Best Hospitals." UCI Medical Center has more then 400 specialty and primary care physicians, with more then 50 selected as The Best Doctors in America.

V. Jeffrey Heavrin promoted to Senior Vice President and Chief Financial Officer

Heavrin.jpgCPC also announced that the Company's Board of Directors has approved the promotion of V. Jeffrey (Jeff) Heavrin to Senior Vice President and Chief Financial Officer, Central Parking Corporation, effective June 1, 2005. Jeff's most recent position was Vice President - Controller and Chief Accounting Officer, and interim Chief Financial Officer for the Company.

Prior to joining Central Parking System in December 2002, Jeff held positions of increasing responsibility with Deloitte Touche and served as controller of Service Merchandise Corporation. He has eight years of public accounting experience and is a Certified Public Accountant. He graduated from the University of Louisville with degrees in both Accounting and Finance.

"Jeff has done an excellent job for the company and we appreciate his hard work and efforts," said Monroe J. Carell, Jr., Chairman and Chief Executive Officer. "As I stated when Jeff was appointed Chief Financial Officer on an interim basis, we are fortunate to have someone internally with the qualifications and ability of Jeff Heavrin to assume the responsibilities of the Chief Financial Officer position. We look forward to his continued leadership and contributions," said Mr. Carell.

About Central Parking Corporation

Central_Parking_Corp.jpgCentral Parking Corporation, headquartered in Nashville, Tennessee, is a leading provider of parking and transportation-related services. As of March 31, 2005, the Company operated more than 3,400 parking facilities containing over 1.5 million spaces at locations in 37 states, the District of Columbia, Canada, Puerto Rico, the United Kingdom, the Republic of Ireland, Chile, Colombia, Germany, Mexico, Peru, Poland, Spain, Switzerland, Venezuela and Greece.
Central Parking Corporation
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