The GEO Group Announces Selection for Contract Award for 200-Bed McFarland Community Correctional Facility in California

The GEO Group (NYSE: GEO) (“GEO”) announced today that it has been selected by the California Department of Corrections and Rehabilitation (“CDCR”) for a contract award for the housing of female inmates at GEO’s 200-bed McFarland Community Correctional Facility (the “Facility”) located in McFarland, California.

The contract will have a term of approximately five years with one additional five-year renewal option period. GEO expects to begin the intake of female inmates in third quarter 2010 following minor renovations at the Facility. At full occupancy, the Facility is expected to generate approximately $4.75 million in annualized revenues.

George C. Zoley, Chairman and Chief Executive Officer of GEO, said, “We appreciate the confidence placed in our company by the California Department of Corrections and Rehabilitation. We look forward to furthering our long-standing partnership with CDCR and helping the State of California meet its ongoing correctional bed needs with the reactivation of our company-owned McFarland Community Correctional Facility.”

The GEO Group, Inc. ("GEO") is a world leader in the delivery of correctional, detention, and residential treatment services to federal, state, and local government agencies around the globe. GEO offers a turnkey approach that includes design, construction, financing, and operations. GEO represents government clients in the United States, Australia, South Africa, and the United Kingdom. GEO’s worldwide operations include the management and/or ownership of 62 correctional and residential treatment facilities with a total design capacity of approximately 60,000 beds, including projects under development.

This press release contains forward-looking statements regarding future events and future performance of GEO that involve risks and uncertainties that could materially affect actual results, including statements regarding estimated earnings, revenues and costs and our ability to maintain growth and strengthen contract relationships. Factors that could cause actual results to vary from current expectations and forward-looking statements contained in this press release include, but are not limited to: (1) GEO’s ability to successfully pursue further growth and continue to enhance shareholder value; (2) GEO’s ability to access the capital markets in the future on satisfactory terms or at all; (3) risks associated with GEO’s ability to control operating costs associated with contract start-ups; (4) GEO’s ability to timely open facilities as planned, profitably manage such facilities and successfully integrate such facilities into GEO’s operations without substantial costs; (5) GEO’s ability to win management contracts for which it has submitted proposals and to retain existing management contracts; (6) GEO’s ability to obtain future financing on acceptable terms; (7) GEO’s ability to sustain company-wide occupancy rates at its facilities; and (8) other factors contained in GEO’s Securities and Exchange Commission filings, including the forms 10-K, 10-Q and 8-K reports.