Corinthian Colleges Expands to 22 States With Opening of New Bryman Institute in Minneapolis/St. Paul Metro Area - Ninth New Campus Opened in Fiscal 2004 - SANTA ANA, Calif., June 17 /PRNewswire-FirstCall/ -- Corinthian Colleges, Inc. (NASDAQ:COCO) today announced the opening of its first campus in Minnesota, marking the 22nd state in which Corinthian schools are operating. The new Bryman Institute, encompassing approximately 24,000 square feet located at Spectrum Commerce Center, 1000 Blue Gentian Road in Eagan, will prepare Minneapolis/St. Paul metro area students for careers in healthcare. "We are pleased to bring our well-known and respected Bryman allied health curricula to Minnesota with the opening of our new campus in Eagan," said David G. Moore, chairman and chief executive officer. "The Minneapolis/ St. Paul metropolitan area is an attractive market for the outstanding and popular Bryman programs that meet the needs of career-oriented students and prospective employers." Bryman-Eagan, Corinthian's newest Bryman campus, will offer diploma programs in allied health, including its high-demand massage therapy program. The Bureau of Labor Statistics projects the demand for massage therapists will increase 27% over the 2002 to 2012 period, growing from approximately 92,000 jobs to approximately 117,000 jobs. Corinthian has announced plans to open ten new branch campuses in fiscal 2004, which will end June 30. Bryman-Eagan is the ninth campus opened thus far. Corinthian expects the campus to have a student population of approximately 400 within two years of its opening. 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 89 colleges in 22 states in the U.S., and 45 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 beliefs regarding Bryman's allied health curricula and the Minneapolis/St. Paul metropolitan area market, its expectations regarding the future student population at the new Eagan, Minnesota location, and its plans to open ten 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 possible failure or inability to obtain regulatory consents for branch campuses, potential increased competition, possible 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, +1-714-427-3000 ext. 432, or Diane Donohue, Director, IR/PR, +1-714-427-3000 ext. 359, both of Corinthian Colleges, Inc.; 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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