News Release

NASHVILLE, Tenn., Feb. 6 /PRNewswire-FirstCall/ -- Corrections Corporation of America (NYSE: CXW) announced today that it will release its 2001 fourth quarter and year-end financial results on Thursday, February 14, 2002.

A live broadcast of Corrections Corporation of America's conference call will be available on-line at www.viavid.com or www.streetevents.com on February 14, 2002, at 2:00 p.m. (Central Time). The on-line replay will follow immediately and continue for 30 days. In addition, there will be a telephonic replay available beginning at 4:00 p.m. (Central Time) February 14, 2002, through 5:00 p.m. (Central Time) February 22, 2002. To access the telephonic replay dial 1-888-203-1112 and enter confirmation number 574407.

About the Company

The Company is the nation's largest provider of outsourced corrections management services, housing an inmate population larger than that of all but five public correctional systems in the United States. 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, each of the Company's facilities offers a variety of rehabilitation and educational programs, including basic education, life skills and employment training and substance abuse treatment. The Company also provides health care (including medical, dental and psychiatric services), institutional food services and work and recreational programs. The Company owns or manages 70 facilities including 68 correctional and detention facilities with a total design capacity of approximately 65,000 beds in 21 states, the District of Columbia and Puerto Rico, of which 68 facilities are operating (two of which are idle) and two are under construction.

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SOURCE Corrections Corporation of America

CONTACT: Karin Demler of Corrections Corporation of America, +1-615-263-3005/