News Release

NASHVILLE, Tenn. – (April 26, 2002) – Corrections Corporation of America (NYSE:CXW) announced today that it will release its 2002 first quarter financial results on Thursday, May 2, 2002.

A live broadcast of Corrections Corporation of America's conference call will be available on-line at www.viavid.com or on the Company's website, www.correctionscorp.com (under the “Investor” section), on May 2, 2002, at 2:00 p.m. (Central Time). The on-line replay will follow immediately and continue for 30 days. In addition, there will be a telephonic replay available beginning at 4:00 p.m. (Central Time) May 2, 2002, through 5:00 p.m. (Central Time) May 9, 2002. To access the telephonic replay dial 1-800-642-1687 and enter confirmation number 4000144.

About the Company

CCA is the nation's largest owner and operator of privatized correctional and detention facilities and one of the largest prison operators in the United States, behind only the federal government and four states. CCA currently owns 39 correctional, detention and juvenile facilities, three of which are leased to other operators, and two additional facilities which are not yet in operation. CCA also has a leasehold interest in a juvenile facility. CCA currently operates 63 facilities, including 36 company owned facilities, with a total design capacity of approximately 61,000 beds in 21 states, the District of Columbia and Puerto Rico. CCA specializes in owning, operating and managing prisons and other correctional facilities and providing inmate residential and prisoner transportation services for governmental agencies. In addition to providing the fundamental residential services relating to inmates, CCA's facilities offer a variety of rehabilitation and educational programs, including basic education, life skills and employment training and substance abuse treatment. These services are intended to reduce recidivism and to prepare inmates for their successful re-entry into society upon their release. CCA also provides health care (including medical, dental and psychiatric services), food services and work and recreational programs.