News Release

NASHVILLE, Tenn.--(BUSINESS WIRE)--May 3, 2001--Corrections Corporation (NYSE:CXW) will provide an on-line, real-time Web-cast and rebroadcast of its first quarter results conference call to be held on Tuesday, May 8, 2001.

The live broadcast of Corrections Corporation's conference call will be available on-line at www.vcall.com or www.streetevents.com on May 8, 2001, beginning at 2:00 p.m. (central time). The on-line replay will follow immediately and continue for 30 days.

CCA is the nation's largest provider of detention and corrections services to governmental agencies. CCA is the industry leader in private sector corrections with approximately 61,000 beds in 65 facilities under contract for management in the United States and Puerto Rico. CCA's full range of services includes design, construction, ownership, renovation and management of new or existing jails and prisons, as well as long distance inmate transportation services.