Six Flags Announces Management Transition

NEW YORK--(BUSINESS WIRE)--Nov. 26, 2003--Six Flags, Inc. (the "Company") (NYSE: PKS) announced today, that for health reasons, Gary Story will resign as President and Chief Operating Officer of Six Flags and become a special advisor to the Company's Chairman and Chief Executive Officer. The transition to his new position is expected to occur at the end of 2003.

In connection with Mr. Story's position-change, the Company has added a fifth Executive Vice President. Four of the Executive Vice Presidents have responsibility for the operations of the Company's parks in various regions, and the fifth has oversight responsibility for in-park revenue systemwide. The Executive Vice Presidents will report directly to the Chief Executive Officer.

Kieran E. Burke, Chairman and Chief Executive Officer of the Company, stated "Over the past twenty years, Gary Story has made an immeasurable contribution to our Company's growth and development. We are very gratified that he will continue to be an active part of our group in a new role that will give him the time and flexibility to properly address his type 1 diabetes and to spend more time with his family."

Six Flags, Inc. is the world's largest regional theme park company, with thirty-nine parks in markets throughout North America and Europe.

This release and prior releases are available on the KCSA Public Relations Worldwide Web site at www.kcsa.com.