News Release

NASHVILLE, Tenn.--(BUSINESS WIRE)--March 12, 2001--Corrections Corporation (NYSE:CXW) will provide an on-line, real-time Web-cast and rebroadcast of its fourth quarter results conference call to be held on Wednesday, March 14, 2001.

The live broadcast of Corrections Corporation's conference call will be available on-line at www.vcall.com or www.streetevents.com on March 14, 2001, beginning at 11:00 a.m. (eastern 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 68 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.