Jack D. Massimino Elected Chairman of the Board, Corinthian Colleges, Inc.

                          - Now Chairman and CEO -



    SANTA ANA, Calif., Aug. 21 /EMWNews/ -- Corinthian

Colleges, Inc. (Nasdaq: COCO) announced that Jack D. Massimino, chief

executive officer and a director of the company, has been elected chairman

of the board, effective immediately. He succeeds Terry O. Hartshorn, who

completed his term as Chairman and has been appointed lead independent

director.



    Massimino has served as Corinthian's chief executive officer since

November 2004 and has been a member of the board since February 1999. He is

now chairman and chief executive officer.



    In addition, Peter C. Waller has been appointed to the board, and will

stand for election as a Class I Director in November. Waller has been

Corinthian's president and chief operating officer since February 2006.



    The moves are part of the board's long-term succession and corporate

governance plan. With Waller's appointment, the Board now has ten members,

eight of whom are non-employee directors.



    "On behalf of the board, I would like to thank Terry for his valuable

contributions as chairman," Massimino said. "During his tenure, he helped

the company create a firm foundation for sustainable growth and industry

leadership. In my added role as chairman, I look forward to Terry's

continued advice and counsel."

    About Corinthian Colleges, Inc.



    Corinthian Colleges, Inc. is one of the largest post-secondary

education companies in North America. The Company's mission is to prepare

students for careers in demand or for advancement in their chosen field.

Corinthian offers diploma programs and associates, bachelor's and master's

degrees in a variety of high-demand occupational areas, including

healthcare, business, criminal justice, transportation technology and

maintenance, construction trades and information technology. More

information can be found on Corinthian's website at http://www.cci.edu.








     Contacts:  Investors:

                Anna Marie Dunlap

                SVP Investor & Corporate Communications

                Corinthian Colleges, Inc.

                714-424-2678



                Media:

                Robert Jaffe

                Pondel Wilkinson, Inc.

                310-279-5969