News Release

NASHVILLE, Tenn.--(BUSINESS WIRE)--Aug. 2, 2001--Corrections Corporation (NYSE:CXW) will provide an on-line, real-time Web-cast and rebroadcast of its second quarter results conference call to be held on Thursday, August 9, 2001.

The live broadcast of Corrections Corporation's conference call will be available on-line at www.vcall.com or www.streetevents.com on August 9, 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 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 management of new or existing jails and prisons for adults and juveniles, long distance transportation services and design construction and renovation of prison facilities.