Central Parking and Zipcar Announce Agreement

Deal Underscores Environmental Benefits of Car Sharing for Hospitals,
Universities, Office and Residential Buildings

NASHVILLE, Tenn.--(Business Wire)--
Central Parking System, Inc. ("Central Parking"), the nation`s largest parking
management company and Zipcar, Inc., the world`s largest car-sharing service,
announced an agreement for designated parking spots for Zipcar vehicles in New
York City and the surrounding New Jersey markets. Central Parking has teamed
with Zipcar at over 100 locations in the New York metropolitan area. Under this
preferred program, there is an opportunity for expansion of more than 1,000
Zipcar vehicles in Central Parking locations throughout the New York City and
New Jersey markets.

Central Parking and Zipcar also will work together to market the preferred
program to office buildings, universities, hospitals, residential buildings and
developers to promote the convenience and environmental benefits of car sharing.
The two companies plan to complete similar agreements in other cities later this
year.

Emanuel J. Eads, Central Parking`s President and Chief Executive Officer, said,
"We are thrilled to expand our relationship with Zipcar in the New York and New
Jersey markets. This partnership between our companies will give the customers
and clients of both companies greater access to car-sharing services. This
program also underscores Central Parking`s strategic focus on specific green
initiatives in the parking industry. With Central Parking`s recently announced
deployment of our more customer-friendly New York website
(www.centralparking.com), access to Zipcar locations can be quickly and easily
determined."

Zipcar`s service has had a significant, positive impact on the environment and
local communities. According to a Zipcar member survey, drivers who use Zipcar
as an alternative to owning a car ultimately spend less time behind the wheel
and, in many cases, have surrendered ownership of their vehicles or have halted
their purchasing decision. This results in less congestion on the roadways and
fewer greenhouse gas emissions and particulates. Older cars are replaced with
new Zipcars that have more stringent pollution controls, preserving green space
because fewer parking spaces are required to meet the needs of the same number
of people.

"Central Parking has a strong market presence with key locations in the
Metropolitan New York City area and consistent standard of excellence that we
look for from all of our parking partners," added Mark Norman, President and
Chief Operating Officer of Zipcar. "Having Zipcars in multiple garages and
parking locations helps us to underscore the environmental benefits of car
sharing with those that utilize Central Parking`s facilities and fulfill our
members` most important need - extremely convenient access to car-sharing
vehicles."

About Central Parking System

Central Parking System is the leader in professional parking management. With
offices in most major metropolitan areas in the United States, the Company
operates approximately 2,400 parking facilities containing in excess of 1.1
million spaces. The Company`s clients include some of the nation`s largest
owners and operators of mixed-use projects, office buildings, hotels, stadiums
and arenas as well as airports, hospitals and municipalities. For more
information, visit www.centralparking.com.

Central Parking System, Inc.
Emanuel J. Eads
President and Chief Executive Officer
615-297-4255
eeads@parking.com

Copyright Business Wire 2009