8-K

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

Washington, D.C.  20549

FORM 8-K

CURRENT REPORT

Pursuant to Section l3 and l5(d) of the
Securities Exchange Act of l934

November 7, 2003

Date of report (date of earliest event reported)

STANDARD PARKING CORPORATION

(Exact Name of Registrant as Specified in Its Charter)

Delaware

(State or Other Jurisdiction of Incorporation)

333-50437	16-1171179
(Commission File Number)	(IRS Employer Identification No.)

900 N. Michigan Avenue, Chicago, Illinois    60611

(Address of Principal Executive Offices)  (Zip Code)

(312) 274-2000

(Registrant’s Telephone Number, Including Area Code)

Not Applicable

(Former Name or Former Address, if Changed Since Last Report)

Item 5.  Other Events.

On November 7, 2003, the Registrant issued the following press release:

STANDARD PARKING CORPORATION ANNOUNCES
THIRD QUARTER 2003 RESULTS

CHICAGO, November 7, 2003 - Standard Parking Corporation, one of the nation’s largest operators of paid parking facilities, today announced third quarter 2003 operating results.

Gross profit was $15.4 million for the quarter and $44.3 million for the first nine months of 2003, an increase of 7.8% and 9.3% as compared to the same periods in 2002.  Operating income was $4.3 million for the third quarter and $11.6 million for the first nine months of 2003, an increase of 11.0% and 35.3% over the comparable periods in 2002.

“The third quarter’s results continue the trend of year-over-year improvement, and when coupled with the renegotiation of our Senior Credit Facility and the improvement of our Standard and Poor’s ratings, are clearly reflective of our efforts to exceed expectations,” said James A. Wilhelm, Standard Parking’s President and Chief Executive Officer.  “We are very focused on identifying and maintaining flexibility while executing our business model in a manner consistent with our core values of excellence, innovation and integrity,” Wilhelm concluded.

Standard Parking Corporation, with approximately 11,500 employees, is one of the largest operators of paid parking facilities in North America, managing approximately 1,900 airport and urban parking facilities in 277 cities spanning 43 states and four Canadian provinces.

* * * * *

More information about Standard Parking is available at www.standardparking.com.  Standard Parking’s third quarter 2003 10-Q and 2002 annual report filed on Form 10-K are available on the Internet at www.sec.gov and can also be accessed through the Investor Relations section of the company’s website.  Follow the links under “About Us.”

Certain statements contained herein may be forward-looking statements under the federal securities laws.  Such statements can be identified by the use of words such as “anticipates,” “intends,” “seeks,” “believes,” “estimates,” “plans,” and “expects.”   These statements discuss expectations for the future, contain projections concerning the results of our operations or our future financial condition or state other forward-looking information.  Such statements are subject to a number of risks and uncertainties.  Our actual results, performance or achievements could differ substantially from the results expressed in, or implied by, those statements.  We assume no responsibility for revising forward-looking statements in light of future events or circumstances.

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Standard Parking Corporation

	Three Months Ended September 30,				Nine Months Ended September 30,
	2003		2002		2003		2002
Parking services revenue:
Lease contracts	$	31,989	$	36,499	$	103,554	$	108,215
Management contracts	18,491		18,464		55,589		58,729
	50,480		54,963		159,143		166,944
Reimbursement of management contract expense	84,160		101,936		245,295		277,391
Total revenue	134,640		156,899		404,438		444,335
Cost of parking services:
Lease contracts	28,001		33,755		93,522		98,219
Management contracts	7,097		6,935		21,293		28,157
	35,098		40,690		114,815		126,376
Reimbursed management contract expense	84,160		101,936		245,295		277,391
Total cost of parking services	119,258		142,626		360,110		403,767
Gross profit	15,382		14,273		44,328		40,568
General and administrative expenses	8,265		7,351		24,365		22,547
Special charges	203		303		548		1,754
Depreciation and amortization	1,815		1,952		5,555		5,434
Management fee - parent company	750		750		2,250		2,250
Operating Income	$	4,349	$	3,917	$	11,610	$	8,583
Number of facilities:
Leased facilities	292		309
Managed facilities	1,576		1,586
Total facilities	1,868		1,895

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SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	STANDARD PARKING CORPORATION
Date:  November 7, 2003	By:	/s/  JAMES A. WILHELM
			James A. Wilhelm, Director, President and Chief Executive Officer

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EX-99

Exhibit 99

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

Contact:

G. MARC BAUMANN
Chief Financial Officer
Standard Parking Corporation
(312) 274-2199

mbaumann@standardparking.com

FOR IMMEDIATE RELEASE

STANDARD PARKING CORPORATION ANNOUNCES
THIRD QUARTER 2003 RESULTS

CHICAGO, November 7, 2003 - Standard Parking Corporation, one of the nation’s largest operators of paid parking facilities, today announced third quarter 2003 operating results.

Gross profit was $15.4 million for the quarter and $44.3 million for the first nine months of 2003, an increase of 7.8% and 9.3% as compared to the same periods in 2002.  Operating income was $4.3 million for the third quarter and $11.6 million for the first nine months of 2003, an increase of 11.0% and 35.3% over the comparable periods in 2002.

“The third quarter’s results continue the trend of year-over-year improvement, and when coupled with the renegotiation of our Senior Credit Facility and the improvement of our Standard and Poor’s ratings, are clearly reflective of our efforts to exceed expectations,” said James A. Wilhelm, Standard Parking’s President and Chief Executive Officer.  “We are very focused on identifying and maintaining flexibility while executing our business model in a manner consistent with our core values of excellence, innovation and integrity,” Wilhelm concluded.

Standard Parking Corporation, with approximately 11,500 employees, is one of the largest operators of paid parking facilities in North America, managing approximately 1,900 airport and urban parking facilities in 277 cities spanning 43 states and four Canadian provinces.

* * * * *

More information about Standard Parking is available at www.standardparking.com.  Standard Parking’s third quarter 2003 10-Q and 2002 annual report filed on Form 10-K are available on the Internet at www.sec.gov and can also be accessed through the Investor Relations section of the company’s website.  Follow the links under “About Us.”

Certain statements contained herein may be forward-looking statements under the federal securities laws.  Such statements can be identified by the use of words such as “anticipates,” “intends,” “seeks,” “believes,” “estimates,” “plans,” and “expects.”   These statements discuss expectations for the future, contain projections concerning the results of our operations or our future financial condition or state other forward-looking information.  Such statements are subject to a number of risks and uncertainties.  Our actual results, performance or achievements could differ substantially from the results expressed in, or implied by, those statements.  We assume no responsibility for revising forward-looking statements in light of future events or circumstances.

2

Standard Parking Corporation

	Three Months Ended September 30,				Nine Months Ended September 30,
	2003		2002		2003		2002
Parking services revenue:
Lease contracts	$	31,989	$	36,499	$	103,554	$	108,215
Management contracts	18,491		18,464		55,589		58,729
	50,480		54,963		159,143		166,944
Reimbursement of management contract expense	84,160		101,936		245,295		277,391
Total revenue	134,640		156,899		404,438		444,335
Cost of parking services:
Lease contracts	28,001		33,755		93,522		98,219
Management contracts	7,097		6,935		21,293		28,157
	35,098		40,690		114,815		126,376
Reimbursed management contract expense	84,160		101,936		245,295		277,391
Total cost of parking services	119,258		142,626		360,110		403,767
Gross profit	15,382		14,273		44,328		40,568
General and administrative expenses	8,265		7,351		24,365		22,547
Special charges	203		303		548		1,754
Depreciation and amortization	1,815		1,952		5,555		5,434
Management fee - parent company	750		750		2,250		2,250
Operating Income	$	4,349	$	3,917	$	11,610	$	8,583
Number of facilities:
Leased facilities	292		309
Managed facilities	1,576		1,586
Total facilities	1,868		1,895

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