CPV Cbs Corp. New Senior Notes

Correctional Properties Trust Announces Fourth Quarter 2004 Earnings Conference Call - March 4, 2005 PALM BEACH GARDENS, Fla., March 4 /PRNewswire-FirstCall/ -- Correctional Properties Trust (NYSE:CPV), a real estate investment trust (REIT), will release its fourth quarter 2004 financial results on March 4, 2005. The executives of the Company will conduct an open conference call with analysts and shareholders at 1:30 P.M. (ET) on March 4, 2005. To listen to the call live, please go to the following website at least 15 minutes prior to the call to register, download and install any necessary audio software. For those of you unable to listen to the live broadcast, a webcast replay will be available following the call for four weeks at: http://phx.corporate-ir.net/playerlink.zhtml?c=93191&s=wm&e=1006041 Those who would like to participate in the teleconference may do so by calling the following telephone number at 1:15 P.M. (ET), on March 4, 2005: Dial-In Number: 866-238-1640 Conference ID Number: 638535 Those who wish to listen to a telephone replay of this teleconference may do so by calling: Replay Number: 888-266-2086 Conference ID Number: 638535 The telephone replay of the teleconference will be available 24 hours a day, starting at 5:00 P.M., on March 4, 2005, through March 11, 2005. Contact: Correctional Properties Trust (561) 630-6336, or Email: http://phx.corporate-ir.net/playerlink.zhtml?c=93191&s=wm&e=1006041DATASOURCE: Correctional Properties Trust CONTACT: Correctional Properties Trust, +1-561-630-6336, or Web site: http://www.correctionalpropertiestrust.com/

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