CIM Group Contracts With Ampco System Parking.

Business Editors

LOS ANGELES--(BUSINESS WIRE)--March 15, 2004

Ampco System Parking, a wholly-owned subsidiary of ABM Industries Incorporated (NYSE:ABM), has been selected by the CIM Group to provide parking management at three of its office and retail facilities in Hollywood, California. The properties include the Hollywood Galaxy, located at 7021 Hollywood Boulevard with a 670-space subterranean parking garage; the TV Guide Hollywood Center, one of the area's tallest buildings located at 6922 Hollywood Boulevard; and the Petersen Building, located at 7001 Hollywood Boulevard.

"Ampco System Parking looks forward to providing state-of-the-art parking services for three of Hollywood's prime locations and landmark facilities," said Thomas Barnett, president of Ampco System Parking. "Hollywood Boulevard is the historic symbol of a cultural and entertainment center that draws more than 19 million visitors annually," he added.

CIM Group is a full service real estate investor and operator organized in 1994 to revitalize districts of high population density, including the traditional downtown areas within large cities and the main street districts within towns and suburban cities. A leader in California's urban renaissance, CIM Group has contributed to California's urban fabric through its real estate investments that comprise a premier portfolio of street retail, housing and office properties in California's most popular destinations, including Santa Monica's Third Street Promenade, Old Pasadena, Birch Street in Brea, Downtown Los Angeles, Hollywood Boulevard, San Diego's Gaslamp Quarter and San Jose's Downtown. Each CIM Group investment adapts proven land use and design principles of great urban districts to the unique strengths of the location and the needs of the community.

Ampco System Parking is an industry leader, operating over 1,700 lots and garages in 30 states, including parking facilities at or adjacent to such major international airports as Buffalo, Cincinnati, Denver, Honolulu, Houston, Los Angeles, Orlando, Philadelphia and San Francisco.

ABM Industries Incorporated is one of the largest facility services contractors listed on the New York Stock Exchange. With fiscal 2003 revenues in excess of $2.2 billion and more than 64,000 employees, ABM provides janitorial, parking, engineering, security, lighting and mechanical services for thousands of commercial, industrial, institutional and retail facilities in hundreds of cities across the United States and British Columbia, Canada. In addition to Ampco System Parking, the ABM Family of Services includes ABM Janitorial, ABM Engineering, American Commercial Security (ACSS), Amtech Lighting, CommAir Mechanical and ABM Facility Services.