STAMFORD, Conn., Sept. 30 /PRNewswire-FirstCall/ -- Centerplate, Inc. (Amex: CVP; TSX: CVP.un), announced today that a cash payment of U.S. $0.064 per Income Deposit Security will be payable on October 20, 2008 to holders of record of Income Deposit Securities at the close of business on October 10, 2008. Each of the Income Deposit Securities issued by the company is comprised of one share of common stock and a subordinated note. The payment of U.S. $0.064 reflects an interest payment on the subordinated note for the monthly period beginning September 20, 2008 and ending October 19, 2008 as provided in the subordinated notes. As previously announced, the company's senior credit facility requires the company to defer interest on the subordinated notes following the November 20th payment until the closing of the transaction with Kohlberg & Company. Deferred interest, and interest accrued thereon, will be paid on the closing date of the transaction. For more information please contact: Gael Doar Director of Communications 203-975-5941 Centerplate, Inc., with its principal executive office in Stamford, CT, is a leading provider of food, merchandise and related services, including concessions and catering services in approximately 130 sports facilities, convention centers and other entertainment venues throughout the United States and Canada. Visit the company online at http://www.centerplate.com/ . DATASOURCE: Centerplate, Inc. Contact: Gael Doar, Director of Communications, Centerplate, Inc., +1-203-975-5941, Web site: http://www.centerplate.com/

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