Impark Announces Details of Annual General Meeting of Shareholders

    VANCOUVER, British Columbia--May 9, 2002--Imperial Parking Corporation ("Impark") (AMEX: IPK) provided details today of its Annual General Meeting ("AGM") of shareholders.

    Date and Time: Friday, May 17, 2002 at 10:00 a.m. (Eastern Time)
    Location: "Chelsea Room", The Martinique on Broadway Holiday Inn
    Address: 49 West 32nd St., New York, NY

    Shareholders will be asked to do the following:

--	elect directors for the ensuing year;
--	appoint auditors and authorize the Board of Directors to fix their remuneration; and,
--	transact such other business as may properly come before the AGM or any adjournment thereof.

    If a holder of Common Shares of Impark is unable to attend the AGM, they are requested to please sign and return a Proxy Card in the manner described in the Proxy Statement recently mailed to shareholders.

    Imperial Parking Corporation, headquartered in Vancouver, B.C., Canada is the largest parking operator in Canada and one of the four largest in North America based on number of locations. As of December 31, 2001 Impark owned, leased or managed 1,599 parking locations containing over 300,000 parking spaces in Canada and the United States.

    Contact:
    Imperial Parking Corporation
    Corporate Services Manager
    Gordon Craig, (416) 369-1801