Corinthian Colleges Opens Everest Institute in Silver Spring, Maryland - Third Washington, D.C. Area Campus; Fourth New Campus Opened in Fiscal 2005 - SANTA ANA, Calif., Feb. 8 /PRNewswire-FirstCall/ -- Corinthian Colleges, Inc. (NASDAQ:COCO) opened a new Everest Institute in Silver Spring, Maryland, the school's third campus in the greater Washington, D.C. metropolitan area and first in the state of Maryland. The new Everest Institute-Silver Spring will initially offer a diploma program in medical assisting to prepare students for careers in healthcare. Corinthian expects the campus to have a student population of approximately 400 within two years of its opening. The new facility at 8757 Georgia Avenue in downtown Silver Spring will eventually encompass approximately 30,000 square feet and is the fourth new branch campus Corinthian has opened in fiscal year 2005. The new Everest Institute joins two Corinthian schools in the greater Washington, D.C. metro area -- Parks College in Arlington, Virginia and Parks College in McLean, Virginia. "The opening of Corinthian's Silver Spring campus highlights our commitment to providing high-quality career education in the fast-growing Washington D.C. market," said Jack D. Massimino, chief executive officer. "We are expanding the opportunities available to adults who want to train quickly and become employed in a high-demand healthcare occupation." About Corinthian Colleges, Inc. Corinthian Colleges, Inc. is one of the largest post-secondary education companies in North America, operating 93 colleges in 24 states in the U.S. and 45 colleges (including 10 colleges scheduled for closure in fiscal 2005) and 15 corporate training centers in seven provinces in Canada. The Company's mission is to help students prepare for careers that are in demand or to advance in their chosen career. Corinthian offers diploma programs and master's, bachelor's and associate's degrees in a variety of fields, concentrating on careers in health care, business, criminal justice, transportation maintenance, trades and technology. Certain statements in this press release may be deemed to be forward-looking statements under the Private Securities Litigation Reform Act of 1995. The company intends that all such statements, including the quote from Jack D. Massimino, be subject to the "safe-harbor" provisions of that Act. Such statements include, but are not limited to, the company's expectations regarding the new Silver Spring, Maryland location, and the company's discussion of opportunities in healthcare. Many important factors may cause the company's actual results to differ materially from those discussed in any such forward-looking statements, including possible changes in student perception; potential changes in the demand for curricula offered by the company; possible changes in the effectiveness of the company's advertising and promotional efforts; general changes in the economic climate in the U.S.; potential increased competition; variability in the effectiveness of the company's regulatory compliance efforts; potential delays, difficulties or additional expenses in opening the Everest Institute campus and other planned branch campuses; possible failure or inability to obtain regulatory consents for other branch campuses; and other risks and uncertainties described in the company's filings with the U.S. Securities and Exchange Commission. The historical results achieved by the company are not necessarily indicative of its future prospects. The company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. DATASOURCE: Corinthian Colleges, Inc. CONTACT: Investors, Anna Marie Dunlap, SVP Investor Relations/Corporate Communications of Corinthian Colleges, Inc., +1-714-424-2678; or Media, Cecilia Wilkinson, or Rosemary Moothart, both of PondelWilkinson Inc., +1-310-279-5980, for Corinthian Colleges, Inc.

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