CPV Cbs Corp. New Senior Notes

Correctional Properties Trust Announces Third Quarter 2004 Earnings Conference Call - Tuesday, November 2, 2004 PALM BEACH GARDENS, Fla., Nov. 2 /PRNewswire-FirstCall/ -- Correctional Properties Trust (NYSE:CPV), a real estate investment trust (REIT), will release its third quarter 2004 financial results on November 2, 2004. The executives of the Company will conduct an open conference call with analysts and shareholders at 2:00 P.M. (ET) on November 2, 2004. 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=952239 Those who would like to participate in the teleconference may do so by calling the following telephone number at 1:45 P.M. (ET), on November 2, 2004: Dial-In Number: 866-238-0637 Conference ID Number: 573475 Those who wish to listen to a telephone replay of this teleconference may do so by calling: Replay Number: 888-266-2081 Conference ID Number: 573475 The telephone replay of the teleconference will be available 24 hours a day, starting at 5:30 P.M., on November 2, 2004, through November 9, 2004. Contact: Correctional Properties Trust - (561) 630-6336, or Email: http://phx.corporate-ir.net/playerlink.zhtml?c=93191&s=wm&e=952239DATASOURCE: Correctional Properties Trust CONTACT: Correctional Properties Trust, +1-561-630-6336, or e-mail, Web site: http://www.correctionalpropertiestrust.com/

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