News Release

NASHVILLE, Tenn.--(BUSINESS WIRE)--Feb. 23, 2005--Corrections Corporation of America (NYSE: CXW), announced today that it will hold its 2005 Annual Meeting of Stockholders at 10:00 a.m., Central Time, on Thursday, May 10, 2005, at the Company's Corporate Headquarters, 10 Burton Hills Boulevard, Nashville, Tennessee. The record date for common stockholders entitled to notice of, and to vote at, the annual meeting has been set for Monday, March 28, 2005. The matters to be considered at the meeting will be set forth in the proxy materials to be filed by the Company with the Securities and Exchange Commission and to be distributed to the Company's stockholders.

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 three states. The Company currently operates 64 facilities, including 39 company-owned facilities, with a total design capacity of approximately 70,000 beds in 19 states and the District of Columbia. The Company 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, the Company's facilities offer a variety of rehabilitation and educational programs, including basic education, religious services, 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. The Company also provides health care (including medical, dental and psychiatric services), food services and work and recreational programs.

    CONTACT: Corrections Corporation of America
             Karin Demler, 615-263-3005

    SOURCE: Corrections Corporation of America