Corinthian Colleges to Offer New Bachelor of Science Degree in Criminal Justice at Everest College in Phoenix, Arizona; New Branch Campus Approval Also Received - Approval Marks First Bachelor's Degree Program for Phoenix Campus - SANTA ANA, Calif., Dec. 2 /PRNewswire-FirstCall/ -- Corinthian Colleges, Inc. (NASDAQ:COCO) today announced that its Everest College Phoenix campus has received approval from the Higher Learning Commission of the North Central Association of Colleges and Schools (NCA) to award a new bachelor of science degree in criminal justice. The new degree is the first bachelor's degree offered through Everest College. Everest College already has begun enrolling students in the new degree program. Current and new students interested in pursuing a career in criminal justice will now have the option to obtain a higher-level degree while staying within the Everest College system. A bachelor's degree enhances the career opportunities in the criminal justice field, which includes police officer, special agent, corrections officer, deputy U.S. marshal and U.S. border patrol agent positions. In addition, Everest College Phoenix received approval to offer the new bachelor's degree and existing associate's degrees in an online delivery format. The campus expects to commence offering exclusively online degree programs during the fourth quarter of fiscal 2005. The campus currently offers associate's degrees in accounting, business, criminal justice, paralegal, office management and technology. "Corinthian has seen tremendous growth in the popularity of higher-level degree programs," said Jack D. Massimino, Corinthian's president and chief executive officer. "The expansion of our curricula and online learning at Everest College are prime examples of Corinthian's dedication to meeting the demands of the job market and our students' needs for more skills and education to achieve their career goals." Corinthian also announced that it has received an approval by NCA to open a new branch of Everest College in the Phoenix area. The campus location, programs and expected opening date will be announced after the college identifies and secures a lease for appropriate facilities. 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 health care, business, criminal justice and technology. Corinthian operates 91 colleges in 23 states in the U.S., and 45 colleges (including 10 campuses scheduled to close in fiscal 2005) 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, including the quote from Jack D. Massimino, to be subject to the "safe-harbor" provisions of that Act. Such statements include, but are not limited to, the company's expectations regarding the popularity of, and demand for, its criminal justice courses, including the new bachelor's of science degree in criminal justice, the company's plans and expectations regarding online delivery and an additional branch campus for Everest College, and the company's expectations regarding the future growth opportunities at Everest College. Many important factors may cause the company's actual results to differ materially from those discussed in any such forward-looking statements, including possible changes in student perception; potential changes in the demand for curricula offered by the company; possible changes in the effectiveness of the company's advertising and promotional efforts; general changes in the economic climate in the U.S.; potential increased competition; the effectiveness of the company's regulatory compliance efforts; possible failure to identify and secure appropriate facilities for the additional branch campus of Everest College; potential delays in offering online delivery of programs for the Everest College campus; and 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: Jack D. Massimino, President and Chief Executive Officer of Corinthian Colleges, Inc., +1-714-427-3000, Ext. 277; or Cecilia Wilkinson, or Rosemary Moothart, both of PondelWilkinson Inc., +1-310-279-5980, for Corinthian Colleges, Inc.

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