Centerplate Announces Cash Payments on Income Deposit Securities

    STAMFORD, Conn., March 1 /CNW/ -- Centerplate, Inc. (Amex:   CVP; TSX:
CVP.un), announced today that a cash payment of U.S. $0.13 per Income Deposit
Security will be payable on March 20, 2007 to holders of record of Income
Deposit Securities at the close of business on March 9, 2007.
    Each of the Income Deposit Securities, issued by the Company in its
initial public offering in December 2003, is comprised of one share of common
stock and a subordinated note. The total payment of U.S. $0.13 reflects a cash
dividend of U.S. $0.066 per share of common stock for the monthly period
beginning February 20, 2007 and ending March 19, 2007 and includes an interest
payment of U.S. $0.064 for the monthly period beginning February 20, 2007 and
ending March 19, 2007 as provided in the subordinated note.

    Centerplate, Inc., is a leading provider of catering, concessions,
merchandise and facilities management services for sports facilities,
convention centers and other entertainment venues. Visit the company online at

For further information:

For further information: Gael Doar, Director of Communications of 
Centerplate, Inc., +1-203-975-5941, or Web Site:

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