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Corinthian Colleges Comments on Trading Activity SANTA ANA, Calif., Dec. 5 /PRNewswire-FirstCall/ -- In response to the unusual trading in the company's common stock today, Corinthian Colleges, Inc. today said it knows of no events or activities that would warrant any concern in the company's performance. It is the company's stated policy to not comment on stock market activity, but the extraordinary nature of this morning's trading and the subsequent trading halt warranted this assurance to shareholders, the company said. About Corinthian Colleges, Inc. Corinthian Colleges, Inc. is one of the largest post-secondary education companies in North America, and serves the large and growing segment of the population seeking to acquire career-oriented education to become more qualified and marketable in today's increasingly demanding workplace. Corinthian's colleges offer master's, bachelor's and associate's degrees and diploma programs in a variety of fields, with a concentration on careers in healthcare, business, criminal justice and technology. Corinthian operates 81 colleges and two continuing education centers in 21 states in the U.S., and 46 colleges and 15 corporate training centers in seven Canadian provinces. Upon the expected openings of previously announced branch campuses in Detroit, Michigan and Henderson, Nevada (second quarter of fiscal 2004); Jacksonville, Florida; Sacramento, California; Chelsea, Massachusetts; and McLean, Virginia (all third quarter of fiscal 2004); and Ft. Worth, Texas (first quarter of fiscal 2005), the company will operate 88 colleges and two continuing education centers in 21 states in the U.S. and 46 colleges and 15 corporate training centers in seven Canadian provinces. DATASOURCE: Corinthian Colleges, Inc. CONTACT: Dennis Beal, EVP/CFO, Ext. 432, or Diane Donohue, Director, IR/PR, Ext. 359, both of Corinthian Colleges, Inc., +1-714-427-3000; or Cecilia Wilkinson of PondelWilkinson MS&L, +1-323-866-6060, for Corinthian Colleges, Inc. Web site: http://www.cci.edu/

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