Madrid, June 10th 2008.- Parques Reunidos has acquired Kennywood Entertainment in USA with its five Leisure Parks, deeply rooted in tradition among American families. With this new acquisition, Parques Reunidos Group’s umbrella now covers 67 different parks from all segments within the industry - Amusement Parks, Animal Parks, Water Parks, Family Entertainment Centres and Cable Cars - distributed through out Europe, U.S.A., and South America. They forecast to reach a sales turnover of over EUR 515 million and surpass 26 million visitors in 2008. Parques Reunidos is the leading Spanish Leisure Park Operator, the second largest in Europe and the seventh worldwide.

Kennywood Entertainment Group encloses five parks, located in the northeast of USA. They are parks which have been voted year after year as the best family and children’s parks and with a large tradition among American
families:

Kennywood: the first Park of the Group, is located in Pittsburgh and has over 1 millon visitors per year
Idlewild & SoakZone: is a children’s Amusement Park and Water Park, located in the surrounding areas of Pittsburgh. It’s been granted annual awards for Excellency as a family and children’s park.
Sand Castle: Water Park located within the city of Pittsburgh
Lake Compounce: one of the first Amusement Parks in the USA, includes a water park and is located in Connecticut.
Store Land: a children’s Amusement Park, located in New Hampshire.

Richard Golding, Parques Reunidos Group Executive President said: " The Kennywood Entertainment acquisition is part of the continuing strategic expansion project of Parques Reunidos Group within the US. We have high respect for the work done by the Kennywood Management Team, who will continue to lead the company and we are delighted with the acquisition of this leading group in family entertainment sector...Ã?

Harry Henninger, Kennywood Executive President said: Ã? In recent years, we had been in negotiations with different operators but it’s Parques Reunidos who are the first ones to understand our philosophy and share our vision, therefore, we are happy."
Parques Reunidos has a strong presence in Spain, Belgium, Norway, Denmark,France, Italy, United Kingdom, Argentina and in the U.S. Parques Reunidos has become one of the world’s leading players in the sector.

For more information:
Grupo Parques Reunidos: www.parquesreunidos.com
Kennywood Entertainment: www.kennywoodentertainment.com