Madison Square Garden Unveils Plans for New "Signature Suite Level" Debuting in Fall 2013

Madison Square Garden Unveils Plans for New "Signature Suite Level" Debuting
in Fall 2013

NEW YORK, April 26, 2013 (GLOBE NEWSWIRE) -- Madison Square Garden unveiled
plans today for a new Signature Suite Level on the 9^th floor of the Arena
that will debut this fall as part of the third and final phase of The Garden's
three-year, historic Transformation. The 18 suites on the Signature Suite
Level offer great seats for the more than 200 annual sports and entertainment
events at The Garden, with every suite delivering a "center stage" view for
concerts.

Madison Square Garden Arena Logo

"One of our goals with the newly transformed Madison Square Garden is to
present premium hospitality offerings, at every level, for companies who want
an unmatched experience for entertaining or doing business," said Dave Howard,
president, MSG Sports. "The new Signature Suites will feature first-class
amenities, food offerings from some of New York's best chefs, access to
exclusive gatherings with Garden legends, and center stage views for every
exciting event at The World's Most Famous Arena. And with all of our other
suites and clubs virtually sold out, the Signature Suites are the last way for
a company to gain access to the ultimate premium entertainment experience to
help drive business in the center of Manhattan."

All of the Signature Suites will have state-of-the-art amenities, including
rich wood finishes, granite-topped serving areas, flat panel televisions, and
a restroom and kitchen area in the suite. A "branding wall" in each suite also
provides the unique opportunity for companies to customize their suite décor.
Premium menu options for the suites include specialized offerings from MSG
Signature Collection chefs Jean-Georges Vongerichten (Jean-Georges, Perry St,
Spice Market, Mercer Kitchen, JoJo, Nougatine at Jean-Georges, Terrace at
Jean-Georges, ABC Kitchen, and The Mark in New York City), Andrew Carmellini
(Locanda Verde, The Dutch, Lafayette, The Library and Joe's Pub at The Public
in New York City) and Jeremy Marshall (AquaGrill), as well as wines selected
by top sommeliers. In addition, all suiteholders are provided with a special
VIP Concierge Entrance into the Arena and a dedicated account team providing
best in class service, including concierge and suite attendants on hand at
every event.

The 9^th floor Signature Suite Level will feature a 2,180 square foot
window-lined lobby area with a special collection of artifacts, memorabilia
and stories lining the walls that pay homage to the legendary athletes and
entertainers who have left their mark on The Garden's rich history. Exclusive
Signature Suite-only events will be hosted in the lobby and will include "meet
and greet" opportunities featuring Knicks, Rangers and Garden legends sharing
stories and unique insight, as well as events celebrating defining moments
throughout The Garden's 133 year history.

To view a rendering of a Signature Suite and the Signature Suite Level lobby,
click here:
https://dl.dropboxusercontent.com/u/4634540/Signature%20Suite%20Level.zip

The new Signature Suite Level will become part of The Garden's portfolio of
new premium hospitality offerings that were created as part of the
Transformation. These clubs and suites, which deliver options at every level
for companies looking to entertain and do business, include: 1879 Club
Presented by J.P. Morgan, Delta Sky360 Club, Event Level Suites (5^th floor),
Madison Level Suites (7^th floor) and the Madison Club presented by Foxwoods
(7^th floor).

In fall 2013, The Garden will unveil the third and final phase of the Arena's
comprehensive, top-to-bottom Transformation. In addition to the new Signature
Suite Level, other new elements that will debut include the two spectacular
new Chase Bridges and new expanded Chase Square entrance off 7^th Avenue, as
well as the new Budweiser Fan Deck (10^th floor), new state-of-the-art
GardenVision center-hung scoreboard, and the iconic Garden ceiling will be
restored. The historic, three-year nearly $1 billion Transformation of Madison
Square Garden has provided fans with an upgraded experience and enhanced
amenities from the first row to the last. From the expanded concourses and
first-class food and beverage options, to the larger, more comfortable seats
and enhanced sightlines, to the special exhibits celebrating The Garden's
unrivaled history, the new state-of-the-art Arena reinforces the building's
position as The World's Most Famous Arena.

The Madison Square Garden Company (Nasdaq:MSG) is a fully-integrated sports,
media and entertainment business. The Company is comprised of three business
segments: MSG Sports, MSG Media and MSG Entertainment, which are strategically
aligned to work together to drive the Company's overall business, which is
built on a foundation of iconic venues and compelling content that the company
creates, produces, presents and/or distributes through its programming
networks and other media assets. MSG Sports owns and operates the following
sports franchises: the New York Knicks (NBA), the New York Rangers (NHL), the
New York Liberty (WNBA), and the Connecticut Whale (AHL). MSG Sports also
features the presentation of a wide variety of live sporting events including
professional boxing, college basketball, track and field and tennis. MSG Media
is a leader in production and content development for multiple distribution
platforms, including content originating from the Company's venues. MSG
Media's television networks consist of regional sports networks, MSG Network
and MSG+, collectively referred to as MSG Networks; and Fuse, a national
television network dedicated to music. MSG Networks also include
high-definition channels, MSG HD and MSG+ HD, and Fuse includes its
high-definition channel, Fuse HD. MSG Entertainment is one of the country's
leaders in live entertainment. MSG Entertainment creates, produces and/or
presents a variety of live productions, including the Radio City Christmas
Spectacular featuring the Radio City Rockettes. MSG Entertainment also
presents or hosts other live entertainment events such as concerts, family
shows and special events in the Company's diverse collection of venues. These
venues consist of Madison Square Garden, Radio City Music Hall, The Theater at
Madison Square Garden, the Beacon Theatre, the Chicago Theatre, the Forum in
Inglewood, CA, and the Wang Theatre in Boston, MA. More information is
available at www.themadisonsquaregardencompany.com.

The Madison Square Garden Arena logo is available at
http://www.globenewswire.com/newsroom/prs/?pkgid=15655

CONTACT: Stacey Escudero/212-465-5902

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