EXHIBIT 99.1

(CENTRAL PARKING CORPORATION LOGO)                                  NEWS

             2401 21st Avenue South, Suite 200, Nashville, TN 37212
                       (615) 297-4255 Fax: (615) 297-6240

FOR IMMEDIATE RELEASE

INVESTOR CONTACT: Monroe J. Carell, Jr.      MEDIA CONTACT: Richard Jonardi
                  Chairman and                              Communications
                  Chief Executive Officer                   Manager
                  (615) 297-4255                            (615) 297-4255
                  mcarell@parking.com                       rjonardi@parking.com

                      CENTRAL PARKING CORPORATION PROVIDES
              UPDATE ON PROCESS TO EVALUATE STRATEGIC ALTERNATIVES

NASHVILLE, TENN. (April 21, 2005) -- Central Parking Corporation (NYSE: CPC)
today provided an update to its announcement of March 14, 2005 that it had
retained Morgan Stanley to assist in evaluating various strategic alternatives
to maximize shareholder value. The Company stated that it has received
significant interest from parties in pursuing a strategic transaction involving
the Company. As previously announced, the Company and its board expect to
complete a review of strategic alternatives and take any actions arising from
this review during the next several months. However, there can be no assurance
that this process will result in a transaction. The Company expects that it will
make no further announcement in connection with this process unless and until it
engages in a transaction that would require disclosure.

Central Parking Corporation, headquartered in Nashville, Tennessee, is a leading
provider of parking and transportation-related services. As of December 31, 2004
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.

Certain statements made in this press release may constitute forward-looking
statements within the meaning of the Private Securities Litigation Reform Act of
1995. Such forward-looking statements are based on management's current
expectations and include known and unknown risks, uncertainties and other
factors, many of which the Company is unable to predict or control, that may
cause the Company's actual results or performance to materially differ from any
future results or performance expressed or implied by such forward-looking
statements. These statements involve risks and uncertainties, including, without
limitation, risks and uncertainties regarding the evaluation of strategic
alternatives and any transaction that could result from such evaluation. These
risks and uncertainties are in addition to risks, uncertainties, and other
factors detailed from time to time in the Company's filings with the Securities
and Exchange Commission. The Company cautions investors that any forward-looking
statements made by the Company are not necessarily indicative of future
performance. The Company is not responsible for updating the information
contained in this press release beyond the published date, or for changes made
to this document by wire services or Internet services.