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OGDEN AWARDED ARENA CONTRACT IN NEWCASTLE, ENGLAND.

New York, N.Y.--(BUSINESS WIRE)--February 8, 1995--Ogden Corporation (Ogden) announced today that its Entertainment Services division has secured a 20-year contract to provide total facility management services at the 10,000-seat Newcastle Arena, a new sports and entertainment arena in Newcastle, England. Scheduled to open in November 1995, the indoor arena will feature ice-hockey, pop and rock concerts and a wide variety of other events.

Ogden will provide consulting services during the design and development phase. Once construction has been completed, Ogden will provide total facility management services as well as event booking and promotion.

This contract furthers Ogden's recent international expansion that includes Europe's largest indoor arena in Manchester, England, currently under construction and scheduled to open in 1995; and the 19,000-seat Ottawa Palladium in Ottawa, Canada and 12,000-seat Oberhausen Arena in Oberhausen, Germany, both currently under construction and scheduled to open in 1996.

"We are pleased to continue Ogden's expansion in Europe with the Newcastle Arena, further strengthening our position as a leader in the global entertainment industry", said R. Richard Ablon, President and Chief Executive Officer.

Ogden Entertainment Services provides facility management, food and beverage and related support services to major sports stadiums, arenas, concert halls, amphitheaters, and parks. Clients include the Arrowhead Pond of Anaheim, the Great Western Forum in Los Angeles, the Target Center in Minneapolis, Veteran's Stadium in Philadelphia, and General Motors Place in Vancouver, British Columbia.

Ogden is also a leading global provider of support services to airports and airlines and energy and environmental agencies, and is the industry leader in the design, construction and operation of waste-to-energy facilities. Common stock of Ogden (OG) is traded on the New York Stock Exchange.

CONTACT: Ogden Corporation

Nancy Christal, 212/868-5421
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Publication:Business Wire
Date:Feb 8, 1995
Words:290
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