Discussions Commence for New Six Flags Parks in Saudi Arabia

GRAND PRAIRIE, Texas--(BUSINESS WIRE)--

Six Flags Entertainment Corporation SIX today announced it has initiated discussions with the government of Saudi Arabia to pursue development of Six Flags-branded theme parks in that market. The discussions follow earlier meetings that were held with The Deputy Crown Prince while he was traveling in the United States to promote the Saudi Vision 2030.

"We are honored to have this opportunity to bring Six Flags to Saudi Arabia," said John Duffey, President and CEO of Six Flags. "We look forward to supporting Saudi Arabia's efforts to expand tourism by creating new world-class entertainment destinations in the Kingdom."

About Six Flags Entertainment Corporation

Six Flags Entertainment Corporation is the world's largest regional theme park company with $1.3 billion in revenue and 18 parks across the United States, Mexico and Canada. For 55 years, Six Flags has entertained millions of families with world-class coasters, themed rides, thrilling water parks and unique attractions. For more information, visit www.sixflags.com.

Forward-Looking Statements

The information contained in this release, other than historical information, consists of forward-looking statements within the meaning of Section 27A of the Securities Act and Section 21E of the Securities Exchange Act. These statements may involve risks and uncertainties that could cause actual results to differ materially from those described in such statements. These risks and uncertainties include, among others, (i) the adequacy of cash flows from operations, available cash and available amounts under our credit facilities to meet our future liquidity needs, (ii) our ability to roll out our capital enhancements in a timely and cost effective manner, (iii) our ability to improve operating results by implementing strategic cost reductions, and organizational and personnel changes without adversely affecting our business, (iv) our operations and results of operations, and (v) the risk factors or uncertainties listed from time to time in the Company's filings with the Securities and Exchange Commission ("SEC"). Reference is made to a more complete discussion of forward-looking statements and applicable risks contained under the captions "Cautionary Note Regarding Forward-Looking Statements" and "Risk Factors" in the Company's Annual and Quarterly Reports on Forms 10-K and 10-Q, and its other filings and submissions with the SEC, each of which are available free of charge on the Company's investor relations website at www.sixflags.com/investors and on the SEC's website at www.sec.gov.

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