CPV Cbs Corp. New Senior Notes

PALM BEACH GARDENS, Fla., Oct. 11 /PRNewswire-FirstCall/ -- Correctional Properties Trust (NYSE:CPV), a real estate investment trust (REIT), will release its third quarter 2005 financial results on November 8, 2005. The executives of the Company will conduct an open teleconference and listen-only audio webcast to discuss the financial results and future outlook at 3:00 P.M. (EST) on November 8, 2005. To listen to the audio webcast live, interested parties may go to the following website at least 15 minutes prior to the event to register, download and install any necessary audio software. For those unable to listen to the live webcast, a replay will be available for one week at: http://phx.corporate-ir.net/playerlink.zhtml?c=93191&s=wm&e=1146938 Interested parties who would like to participate in the teleconference may do so by calling the following telephone number at 2:45 P.M. (EST), on November 8, 2005: Participant Dial-In Number: 866 - 814 - 1915 Conference ID Number: 791263 Those who wish to listen to a telephone replay may do so by calling: Replay Number: 888 - 266 - 2081 Conference ID Number: 791263 The telephone replay will be available 24 hours a day, starting at 6:00 P.M., on November 8, 2005 through November 15, 2005. http://phx.corporate-ir.net/playerlink.zhtml?c=93191&s=wm&e=1146938DATASOURCE: Correctional Properties Trust CONTACT: Correctional Properties Trust, +1-561-630-6336, or Web site: http://www.correctionalpropertiestrust.com/

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