PKS Six Flags

Six Flags, Inc. (NYSE: PKS and PKSPrB) announced today it has fixed November 1, 2005 as the record date for payment of a dividend for the quarter ending November 15, 2005 to the holders of its Preferred Income Equity Redeemable Shares ("PIERS"), each such PIERS representing one one-hundredth of a share of the Company's 7 1/4 % Convertible Preferred Stock. Payment of the dividend, which will be paid 100 % in cash, will be made on November 15, 2005. The dividend will aggregate $.453125 per PIERS. Six Flags, Inc. is the world's largest regional theme park company.