Madison Square Garden Unveils Great Moments In Arena's 130+ Year History That Will Be Celebrated And Commemorated In Transformed Arena

The first phase of the Transformation debuted in fall 2011 and included a completely transformed lower bowl of the Arena, with new larger, more comfortable seating and the expanded Madison Concourse with new amenities for fans. New open areas on the east and west side of the 8 ^th floor and the West Balcony (10 ^th floor) provide fans with direct views into the Arena bowl, as well as new seating, walkways and concession stands. The new Event Level Suites, Delta Sky360 Club and 1879 Club Presented by J.P. Morgan also debuted during the 2011-12 seasons. The third and final phase of the Transformation will be unveiled in fall 2013 when the two spectacular new Chase Bridges and the new expanded Chase Square entrance off 7 ^th Avenue will debut. In addition, the final phase will include the new Budweiser Fan Deck (10 ^th floor), state-of-the-art GardenVision center-hung scoreboard, 18 completely remodeled Garden Suites (9 ^th floor) and a restoration of the iconic Garden ceiling.

Work on the Transformation will continue to be a year-round project, sequenced to maximize construction efforts during the remaining offseason shutdown in 2013. For more information on the MSG Transformation, visit www.msg.com/transformation to see a complete timeline of the project and receive construction updates.

About The Madison Square Garden Company

The Madison Square Garden Company 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 Company logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=7079

CONTACT: Stacey Escudero/212-465-5902
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