NASHVILLE, TN -- (Marketwire) -- 07/01/09 -- Corrections Corporation of America ("CCA") (NYSE: CXW), the nation's largest provider of corrections management services to government agencies, announced that it has been awarded an amendment to its existing contract with the Georgia Department of Corrections ("DOC") to expand two of its existing facilities by 1,500 beds. This award satisfies a competitive Request for Proposal of 1,500 beds from the state of Georgia that was issued in October of 2008. CCA currently houses approximately 3,400 inmates from the state of Georgia.

As a result of the award, we will expand our 1,524-bed Coffee Correctional Facility by 788 beds and our 1,524 bed Wheeler Correctional Facility by 712 beds. The expansions are estimated to cost $65.0 million and are currently anticipated to be completed during the third quarter of 2010, at which point the company expects to begin receiving the incremental inmates. The amended contract expires June 30, 2010 and includes twenty-four one-year remaining renewal options. In addition to the guarantee on the existing beds at both facilities, the amended contract contains a 90% guarantee on the expansion beds.

"We are grateful that the state of Georgia has expanded our relationship and entrusted these additional inmates into our care," stated CCA's Chief Executive Officer, John Ferguson. "These additional beds will provide the state of Georgia additional bed capacity to address their inmate population needs."

About CCA

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. CCA currently operates 64 facilities, including 44 company-owned facilities, with a total design capacity of approximately 86,000 beds in 19 states and the District of Columbia. CCA 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, our 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. CCA also provides health care (including medical, dental and psychiatric services), food services and work and recreational programs.