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Ultimate Rollercoaster

April 23, 2007

Six Flags Announces New Credit Facility

New York -- Six Flags, Inc. (NYSE: SIX) announced today a new senior secured credit facility that will consist of an $800 million Tranche B term loan maturing in April, 2015 and a $300 million revolving credit facility maturing in March, 2013 (together "the New Facility"). J.P. Morgan Securities Inc., Credit Suisse Securities (USA) LLC, and Lehman Commercial Paper Inc. are joint lead arrangers and joint book runners for the New Facility. Credit Suisse and Lehman also will act as co-syndication agents and JPMorgan Chase Bank, N.A. will act as administrative agent.

The Company intends to use the proceeds from the New Facility to refinance amounts outstanding under its existing credit facility which consists of a $637 million Tranche B term loan, a $300 million revolving credit facility and an $82.5 million multicurrency facility. Any remaining proceeds from the New Facility will be used for working capital and general corporate purposes.

Related: see www.sixflags.com for more information.

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