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April 10, 2007

Six Flags Completes Sale Of Seven Parks To Parc

New York -- Six Flags announced yesterday that it has completed the previously announced sale of three of its water parks and four of its theme parks to Parc 7F-Operations Corporation ("PARC") of Jacksonville, FL for $312 million, consisting of $275 million in cash and a note receivable for $37 million.

The seven parks that are changing ownership are:

- Six Flags Darien Lake in Buffalo, NY
- Six Flags Elitch Gardens in Denver, CO
- Frontier City and White Water Bay water park in Oklahoma City, OK;
- SplashTown in Houston, TX
- Waterworld USA in Concord, CA
- Wild Waves and Enchanted Village in Seattle, WA.

Both Six Flags Elitch Gardens and Six Flags Darien Lake will immediately stop using the Six Flags name. All of the parks will open and operate as scheduled this year.

Six Flags also stated that all 2007 season passes, tickets and any committed park events, including group bookings and the previously announced Dream Nite promotion, will continue to be fulfilled under the new park ownership.

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Six Flags Agrees To Sell Seven Parks For $312 Million January 16, 2007

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