Corrections Corporation of America Announces Date for Third Quarter 2006 Earnings Release and Conference Call

October 11, 2006

NASHVILLE, Tenn. – October 11, 2006 - Corrections Corporation of America (NYSE: CXW) announced today that it will release its third quarter 2006 financial results on Monday, November 6, 2006.

A live broadcast of Corrections Corporation of America's conference call will be available on-line through the Company's website at (under the "Webcasts" section of the Investor page) on November 6, 2006, at 2:00 p.m. central time. The on-line replay will be archived on the Company's website promptly following the conference call. In addition, there will be a telephonic replay available beginning at 5:00 p.m. central time on November 6, 2006, through 10:59 p.m. central time on November 13, 2006. To access the telephonic replay, dial 1-877-519-4471 and enter confirmation number 7985423.

About the Company

The Company 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 65 facilities, including 40 company-owned facilities, with a total design capacity of approximately 72,500 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.

The Company takes no responsibility for updating the information contained in this press release following the date hereof to reflect events or circumstances occurring after the date hereof or the occurrence of unanticipated events or for any changes or modifications made to this press release or the information contained herein by any third-parties, including, but not limited to, any wire or internet services.