EXHIBIT 99.1


                                                              900 North Michigan
                                                                     Suite #1600
                                                         Chicago, Illinois 60611
                                                                  (312) 274-2000

[APCOA/STANDING PARKING LOGO APPEARS HERE]

FOR IMMEDIATE RELEASE

Contact:  Michael K. Wolf
          Chief Administrative Office
          (312) 274-2070


                   WARSHAUER BECOMES VICE CHAIRMAN EMERITUS AT
                             APCOA/STANDARD PARKING

     CHICAGO, November 5, 2001 - APCOA/Standard Parking, Inc. today announced
     the appointment of Myron C. Warshauer to the position of Vice Chairman
     Emeritus. The Company's President, James A. Wilhelm, will assume the role
     of CEO previously held by Warshauer.

     In his role as CEO since the merger of APCOA and Standard Parking in March
     of 1998, Warshauer, 62, has guided the Company through a combination of
     internal growth initiatives and acquisitions to its present position as one
     of the largest parking operators in North America. The Company today
     operates over 1 million parking spaces that generate annual gross parking
     revenues in excess of $1.5 billion.

     As Vice Chairman Emeritus, Warshauer will step back from the Company's
     day-to-day operations in order to work on strategic growth initiatives.
     Warshauer stated, "With all of our basic systems, operating procedures and
     policies now firmly in place after the merger, we are well positioned to
     continue our growth in an aggressive yet disciplined fashion. It is a
     logical time for me to move towards my goal of spending more time with my
     family. My position as Vice Chairman Emeritus will allow me to meet my
     personal objectives and still participate in the Company's future."

     Warshauer noted that he will "still continue the relationships I have
     cherished with both our clients and my fellow employees," and that his
     decision to move away from his CEO duties was made "with the comfort of
     knowing that we have the strongest management team in the industry - one
     that has always been focused on, and has succeeded in, providing the best
     managed parking facilities in the world."

     Wilhelm, 47, who has been with the Company since 1985 and has served as its
     President since September, 2000, will immediately assume the CEO position
     previously held by Warshauer. "Myron has always been a leader and
     visionary, not just for our Company



but for the whole parking industry," Wilhelm noted. "It's a special
privilege to be asked to follow in his footsteps."

APCOA/Standard Parking, Inc., with approximately 14,000 employees, manages more
than 1,950 airport and urban parking facilities in over 260 cities spanning 43
states and three Canadian provinces.

                                     * * * *

The foregoing contains certain "forward-looking statements" which are based on
management's beliefs as well as on a number of assumptions concerning future
events made by, and information currently available to, management. Those
statements include, but may not be limited to, the discussions of APCOA/
Standard Parking's expectations concerning its future profitability and the
discussion of the Company's strategic assumptions regarding certain matters,
including anticipated savings. Investors are cautioned that such forward-looking
statements involve risks and uncertainties. Although the Company believes that
the assumptions underlying the forward-looking statements contained herein are
reasonable, any of the assumptions could be inaccurate and, therefore, there can
be no assurance that the forward-looking statements included herein will prove
to be accurate. In light of the significant uncertainties inherent in the
forward-looking statements included herein, the inclusion of such information
should not be regarded as representation by the Company or any other persons
that the objectives and plans of the Company will be achieved. The Company
disclaims any intention or obligation to update or revise any forward-looking
statements, whether as a result of new information, future events or otherwise.