Exhibit 5 April 10, 1997 Ogden Corporation Two Pennsylvania Plaza New York, New York 10121 Re: Registration Statement on Form S-3 (Exhibit 5) Ladies and Gentlemen: In connection with the registration of 115,044 shares of common stock, par value $.50 per share (the "Shares"), of Ogden Corporation (the "Company") with the Securities and Exchange Commission on a Registration Statement on Form S-3 (the "Registration State ment"), relating to the sales, if any, of the Shares by the selling shareholders, I have examined such documents, records and matters of law as I have considered relevant. Based upon such examination and upon my familiarity as General Counsel for the Company, with its general affairs, it is my opinion that: The Shares being registered are legally issued, fully paid, and nonassessable. I hereby consent to the filing of this opinion as an exhibit to the Registration Statement. Very truly yours, /s/ Lynde H. Coit ------------------------ Lynde H. Coit Senior Vice President and General Counsel - Ogden Corporation E5-1