Digiovanni Leaves Corinthian Colleges SANTA ANA, Calif., April 28 /PRNewswire-FirstCall/ -- Corinthian Colleges, Inc. today announced that Anthony Digiovanni, president and chief operating officer, has elected to leave the company. David G. Moore, Corinthian's chairman and chief executive officer, will assume the duties of the office of the president while a search for a successor is conducted. "During his time with Corinthian, Tony Digiovanni has been involved in growing our core business as well as expanding our online programs and the integration of the acquisitions we completed last August. We all wish Tony well as he pursues other interests, and we thank him for his contributions to Corinthian over the past 17 months," Moore said. Digiovanni joined Corinthian in November 2002 from Apollo Group, Inc., where he had served as executive vice president of Apollo Group, Inc. 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. Excluding the two LTU continuing education centers expected to close in the fourth quarter of fiscal 2004 that will end June 30, 2004, Corinthian operates 87 colleges in 21 states in the U.S., 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 discussion of commencing an executive search. Many important factors may cause the company's actual results to differ materially from those discussed in any such forward-looking statements, including general changes in the economic climate in the U.S. and Canada, the effectiveness of the company's leadership transition plans, and other risks and uncertainties described in the company's filings with the 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, both of PondelWilkinson Inc., +1-323-866-6060, for Corinthian Colleges, Inc. Web site: http://www.cci.edu/

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