THE CORPORATE LIBRARY

Related Party Transactions and Outside Related Director Information

Standard Parking Corporation (STAN)

3/28/2006 Proxy Information

Mr. Klintberg has served as a consultant of Standard Parking Corporation since 2004 and Vice President from 1998 to 2005.

Mr. Holten is the sole manager of Steamboat Industries LLC and the sole Managing Director of Steamboat Industries N.V. Steamboat Industries LLC, along with Steamboat Industries N.V. (Steamboat Industries LLC owns 100% of the common stock of Steamboat Industries N.V.), has been STAN's majority stockholder since May 2004. Steamboat Industries LLC was established in, and Steamboat Industries LLC acquired 100% of the common stock of Steamboat Industries N.V. in, May 2004.

The following list is a summary of transactions during 2005 between the Company and its executive officers, directors, nominees, principal stockholders and other related parties involving amounts in excess of $60,000. Any new related party transactions will be reviewed by our Audit Committee.

Stock Redemption from Majority Stockholder

On March 4, 2005, our Board authorized us to repurchase our common stock, on the open market or through private repurchases, for a value not to exceed $6.0 million, provided that we meet certain financial tests. In connection with this stock repurchase program, we also entered into an agreement on March 14, 2005 with Steamboat Industries LLC, our majority shareholder, to repurchase from Steamboat shares equal to its pro-rata ownership at the same price that we pay in each open-market purchase. On June 10, 2005, we amended and restated this agreement to clarify the closing date of our repurchases from Steamboat.

On March 15, 2005, Steamboat sold to us 99,136 shares at $15.60 per share. Steamboat sold to us 32,956 shares in the second quarter at an average price of $16.93. Steamboat sold to us 52,921 shares in the third quarter at an average price of $17.79. The total value of our transactions with Steamboat was approximately $3.05 million.

Management Contracts and Related Arrangements with Affiliates

We have management contracts to operate two surface parking lots in Chicago. Steven A. Warshauer and Michael K. Wolf own membership interests in a limited liability company that is a member of the limited liability companies that own those lots. We received a total of $39,900 in 2005 under the applicable management contracts.

In connection with the acquisition of a 76% interest in Executive Parking Industries, LLC, we entered into a management agreement dated May 1, 1998, with D&E Parking, Inc., a privately held company entirely owned by Ed Simmons, an executive officer, and Dale Stark, a former Senior Vice President and presently a consultant of the Company. The management agreement is for a period of nine years, terminating on April 30, 2007. In consideration of the services provided by D&E under this arrangement, we paid D&E an annual base and incentive fee of $941,878 in 2005.

On December 31, 2000, we entered into an agreement to sell, at fair market value, certain contract assets to D&E. We continue to operate the parking facilities and receive management fees and reimbursement for support services in connection with the operation of the parking facilities. We received a total of $159,287 in 2005 and D&E received $388,479 under this arrangement.

In 2005, Standard Parking provided property management services to eight separate retail shopping centers and commercial office buildings in which D&E have a minority ownership interest. Dale Stark is the managing member of each of the property ownership entities. In consideration of the property management services we provided for these eight properties, we received fees totaling $273,218 in 2005.

In 2005, our wholly owned subsidiary, Preferred Response Security Services, Inc., provided security services to a property owned by D&E. We received net fees amounting to $17,981 for these security services. In 2005, we provided sweeping and power washing for three properties owned by D&E. For these services we received fees totaling $26,331.

We entered into a management agreement dated as of September 19, 2000, with Circle Line Sightseeing Yachts, Inc. to manage and operate certain parking facilities located along the Hudson River and Piers located in New York City and under the control of Circle Line. Until June of 2005, Circle Line was approximately 41.25% indirectly owned by John V. HoltenŐs immediate family. Mr. Holten was previously a Director of New York Cruise Lines, Inc., which owned all of the outstanding stock of Circle Line, from 1990 to February 2005. We received a total of $78,900 in 2005 under this arrangement. Additionally, Circle Line has the right to require us to temporarily advance to Circle Line on or before each December 31st and April 1st the anticipated net profit in increments of $100,000 each. We made an advance of $100,000 in 2005, which has been repaid as of December 31, 2005.