CPV Cbs Corp. New Senior Notes

PALM BEACH GARDENS, Fla., Nov. 7 /PRNewswire-FirstCall/ -- Correctional Properties Trust (NYSE:CPV), a real estate investment trust (REIT), has rescheduled its third quarter 2005 teleconference and webcast to November 15, 2005 at 9:00 A.M. (EST) The Company will release its third quarter 2005 financial results on November 8, 2005 as previously announced. The teleconference and webcast has been rescheduled due to the ongoing disruption in the Company's telephone communications caused by Hurricane Wilma. The executives of the Company will conduct an open teleconference and listen-only audio webcast to discuss the financial results and future outlook at 9:00 A.M. (EST) on November 15, 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 8:45 A.M. (EST), on November 15, 2005: Participant Dial-In Number: 866-244-4616 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 12:00 P.M., on November 15, 2005 through November 22, 2005. Contact: Correctional Properties Trust - (561) 630-6336 or (561) 630-6316 Email: 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 +1-561-630-6316, or Web site: http://www.correctionalpropertiestrust.com/

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