Corinthian Colleges Opens Las Vegas College Campus in Henderson, Nevada - Second New Branch Campus Opened in Fiscal 2004 - SANTA ANA, Calif., Dec. 18 /PRNewswire-FirstCall/ -- Corinthian Colleges, Inc. today announced the opening of a Las Vegas College branch campus in Henderson, Nevada. The new campus, located at 170 North Stephanie Street, is Corinthian's second college in Nevada. Corinthian also operates Las Vegas College located at 4100 West Flamingo Road. The new Las Vegas College will initially offer specialized associate degrees in business administration and criminal justice. The college intends to introduce programs in allied health at a later date. "Our expansion in the greater Las Vegas metropolitan area reinforces Corinthian's commitment to offer high quality programs to students seeking career-oriented education," said David G. Moore, chairman and chief executive officer. "The opening of the new Henderson campus also underscores our growth strategy of expanding into attractive and growing markets that meet the needs of increasing numbers of students and employers." Corinthian expects the Henderson Las Vegas College campus will grow to include more than 400 students within two years of its opening. Corinthian has announced plans to open between six and eight new branch campuses in fiscal 2004. The Henderson Las Vegas campus is the second campus opened in fiscal 2004. About Corinthian Colleges 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 82 colleges and two continuing education centers in 21 states and 46 colleges and 15 corporate training centers in seven Canadian provinces. 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 be subject to the "safe-harbor" provisions of that Act. Such statements include, but are not limited to, the company's expectations regarding student population at the Henderson, Las Vegas location and its plans to open between six and eight new branch campuses during fiscal 2004. Many important factors may cause the company's actual results to differ materially from those discussed in any such forward-looking statements, including potential increased competition, changes in student perception, changes in demand for curricula offered by the company, the effectiveness of the company's advertising and promotional efforts, and the 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: 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 or Rosemary Moothart of Pondel Wilkinson MS&L, +1-323-866-6060, for Corinthian Colleges, Inc. Web site: http://www.cci.edu/

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