Centerplate Announces Cash Payments on Income Deposit Securities

    STAMFORD, Conn., March 29 /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 April 20, 2007 to holders of record of Income
Deposit Securities at the close of business on April 10, 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 March 20, 2007 and ending April 19, 2007 and includes an interest
payment of U.S. $0.064 for the monthly period beginning March 20, 2007 and
ending April 19, 2007 as provided in the subordinated note.

    Centerplate, Inc., is a leading provider of food and related services,
including concessions, catering and merchandise services in sports facilities,
convention centers and other entertainment facilities. Visit the company
online at

For further information:

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

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