Central Parking Corporation Signs Contract with University of California, Irvine

NASHVILLE, Tenn.--May 23, 2005--Central Parking Corporation 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 2, 20052, 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."

UCI 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.

Central 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.