SeaWorld CEO Joel Manby Issues Statement

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Jul 15, 2015, 07:00 ET

ORLANDO, Fla., July 15, 2015 /PRNewswire/ -- SeaWorld Entertainment, Inc. (NYSE: SEAS), a leading theme park and entertainment company, today issued the following statement from CEO Joel Manby in response to recent news reports:

"The allegations made yesterday against a SeaWorld employee are very concerning. These allegations, if true, are not consistent with the values of the SeaWorld organization and will not be tolerated. The SeaWorld Board of Directors and I have initiated an investigation into this matter which will be led by independent outside counsel, Ron Olson of Munger, Tolles & Olson, whose firm will have full access to our organization and people. In addition, we have placed the employee in question on paid administrative leave pending the findings of the investigation. We will take all appropriate actions based on the results of the investigation to ensure that the integrity and values of the SeaWorld organization are upheld."

About SeaWorld Entertainment, Inc.

SeaWorld Entertainment, Inc. (NYSE: SEAS) is a leading theme park and entertainment company delivering personal, interactive and educational experiences that blend imagination with nature and enable its customers to celebrate, connect with and care for the natural world we share. The Company owns or licenses a portfolio of globally recognized brands including SeaWorld^®, Shamu^® and Busch Gardens^®. As part of SeaWorld's $10 million commitment, multiple killer whale projects are already underway through funding provided by the SeaWorld & Busch Gardens Conservation Fund (SWBGCF). Since its creation, the Fund has awarded over $11 million in conservation grants to over 800 organizations for a wide variety of conservation programs worldwide; 100% of the funding we raise goes toward these conservation projects.

SeaWorld Entertainment, Inc. is one of the world's foremost zoological organizations and a global leader in animal welfare, training, husbandry and veterinary care. The Company rescues and rehabilitates marine and terrestrial animals that are ill, injured, orphaned or abandoned, with the goal of returning them to the wild. The SeaWorld rescue team has helped more than 25,000 animals in need over the last 50 years. Learn more at www.seaworldentertainment.com.

SOURCE SeaWorld Entertainment, Inc.