Central Parking Corporation Partnership Selected for Dallas Fort Worth International Airport Shuttle Service.

Business Editors

NASHVILLE, Tenn.--(BUSINESS WIRE)--Dec. 2, 2003

Central Parking Corporation (NYSE: CPC) today announced that New South Parking, a partnership between Central Parking of Texas and Global Parking Systems, has been selected to provide inter-terminal shuttle services at Dallas Fort Worth International Airport under a two-year agreement that commenced November 24. The "Terminal Link" shuttle service will transport passengers outside of secured areas among the four terminals of the airport. Global Parking Systems is a Disadvantaged Business Enterprise headquartered in New Orleans, LA. Dallas Fort Worth International Airport is the third busiest airport in the world serving nearly 54 million passengers annually.

Monroe Carell, Jr., Central Parking Corporation chairman and chief executive officer, commented, "New South Parking is pleased to work with the DFW International Airport Board to deliver this new service to the millions of passengers at the airport. The Terminal Link operation will provide direct, convenient and quick travel for patrons 24 hours a day, seven days a week. DFW represents another major airport that CPS is serving and underscores our ability to proactively identify and deliver specialized transportation solutions to our clients. We acknowledge the confidence that DFW has extended to New South Parking, and we look forward to serving the airport and its users for many years."

Central Parking Corporation, headquartered in Nashville, Tennessee, is a leading global provider of parking and transportation management services. The Company operates approximately 3,700 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.