COCO Vita Coco Company Inc

Corinthian Colleges, Inc. Reports New Equity Compensation Grants Under NASDAQ Market Rule 4350 SANTA ANA, Calif., Feb. 11 /PRNewswire-FirstCall/ -- Corinthian Colleges, Inc. (NASDAQ:COCO) reported that on February 10, 2005, in accordance with NASDAQ Marketplace Rule 4350, Kenneth S. Ord, Executive Vice President and Chief Financial Officer, was granted inducement stock options covering an aggregate of 70,000 shares of common stock, as well as a grant of restricted stock units ("RSU") covering an additional 10,000 shares. These options and RSUs were granted without stockholder approval pursuant to NASDAQ Marketplace Rule 4350(i)(1)(A)(iv) with the following terms: each option has been classified a nonqualified stock option, has an exercise price of $17.84 per share, which was the fair market value of the common stock on the grant date, has a ten year term, and vests 25% per year on each of the first four anniversaries of the grant date, subject to continued employment through each relevant date. The RSU grant also vests 25% per year on each of the first four anniversaries of the grant date, subject to continued employment through each relevant date. Additional information regarding the options and restricted stock units granted to Kenneth Ord will be made available in his Initial Statement of Beneficial Ownership of Securities on Form 3 to be filed with the U.S. Securities and Exchange Commission. 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 14 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 careers. 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. DATASOURCE: Corinthian Colleges, Inc. CONTACT: Cecilia Wilkinson or Rosemary Moothart both of PondelWilkinson Inc., +1-310-279-5980, for Corinthian Colleges, Inc.

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