Riot Breaks Out at Indiana Prison

I love news, but we've had so many big events lately, that the first thing to cross my mind when I saw the headline was "Dear gods, what now?".

The prison is managed by the GEO Group Inc., based in Boca Raton, Fla., according to the Indiana Department of Corrections Web site.

The prison, built in 2002, can house about 2,200 inmates. It currently has about 1,000 prisoners from Indiana and 630 from Arizona.

Some Boca boys running a band spanking new prison with inmates from two states. Open at 50% of capacity, yet we have riots. Hmmm, something smells a bit stinky, can't wait to get a feel for the players in this. Prisons and Polo, meant for each other from the days in the frat house, all the way to the White House. Anywhere but the big house for these Brahman, Teflon Dons.

Dillon, Read & Co. Inc. and the Aristocracy of Prison Profits
by Catherine Austin Fitts
A case study of two teams each with competing visions for America. April 2006

Very short, Cliff Notes or Spark Notes if you're young, newcomers guide to Washington-Wall Street organized crime.

Let's meet the prison operators, The CEO Group, Inc.

Welcome to The GEO Group, Inc. You might already know that GEO is a world leader in privatized correctional and detention management. But did you also know that we offer a wide range of other diversified services - from home detention and electronic monitoring to the development of medical and mental health facilities?

We invite you to browse throughout our website to learn more about our company - and what makes us different from our competition. You'll see why our management team is the best in the business and how our unique turnkey approach allows us to more effectively design, build, manage and finance our state of the art facilities. You will learn why our unique approach to rehabilitation has become the model of treatment for our entire industry. You will also learn more about the many benefits of privatization - and why we believe a strategic investment in GEO makes good business sense.

George C. Zoley
Chairman of the Board
Chief Executive Officer

and Founder

This is a comfort...

The GEO Group Inc. operates facilities in the United States, Canada, South Africa, Australia, and soon, in the United Kingdom. For more information on our operations in those countries, please click the highlighted areas on the map.

CEO Group is a top contributor to Hon. "Hal" Harold Rogers, R. Kentucky 5th...

The real story, M&A activity shuffling names faster than a Vegas dealer, it's often a tax scam cha cha, when so much moves.

Milestones

* The GEO Group, Inc. was initially founded as a division of The Wackenhut Corporation in 1984 under the name of Wackenhut Corrections (WCC).

* In April 1988, WCC was incorporated as a wholly owned subsidiary of The Wackenhut Corporation.

* WCC went public on NASDAQ® in July 1994 with an initial public offering of 2.2 million shares.

* In January 1996, WCC executed a secondary offering of 2.2 million shares.

* WCC listed its shares on the New York Stock Exchange in March 1996 under the ticker symbol "WHC."

* WCC's stock split two-for-one in June 1996, creating 22 million outstanding shares.

* In April 1998, WCC was a co-registrant in the formation of Correctional Properties Trust (now known as CentraCore Properties Trust), a real estate investment trust formed to capitalize on the growing trend toward privatization in the corrections industry.

* In May 2002, Group 4 Falck, a Danish company, merged with The Wackenhut Corporation (TWC). As a result, Group 4 Falck became the indirect owner of 12 million WCC shares, or 57 percent of WCC's common stock on an undiluted basis.

* On April 30, 2003, WCC entered into an agreement to repurchase all 12 million shares of WCC common stock held by Group 4 Falck A/S, its 57 percent majority shareholder.

* On July 2, 2003, WCC completed the sale of its 50% interest in Premier Custodial Group Limited (PCGL) to its former joint venture partner in the United Kingdom, Serco Investments Limited (Serco), thus providing WCC with the opportunity to pursue further growth.

* On July 9, 2003, the Company completed the repurchase of all 12 million shares of WCC common stock held of its former majority shareholder, Group 4 Falck of Denmark. This historic transaction transformed WCC from a corporate subsidiary into a truly independent company with full access to the capital markets and the ability to grow at its own pace.

* On November 18, 2003, at a special meeting, WCC's shareholders approved a change in the corporate name of WCC from "Wackenhut Corrections Corporation" to "The GEO Group, Inc." The name change is required under the terms of a share purchase agreement signed by WCC on April 30, 2003 and Group 4 Falck. The name change became effective on November 25, 2003 upon the filing of an amendment to the company's Articles of Incorporation with the Secretary of State.

* On January 21, 2004, The GEO Group (formerly listed as Wackenhut Corrections: WHC) started trading on the New York Stock Exchange under its new name and new ticker symbol: GGI.

* On December 1, 2004, The GEO Group, Inc. established The GEO Group UK Limited's Head Office near Reading, England to vigorously pursue new business opportunities in England, Scotland and Wales.

* On April 19, 2005, the State of Florida Department of Children and Families selected our corporate subsidiary, GEO Care, Inc. (formerly Atlantic Shores Healthcare, Inc.) for the management and operation of the existing 200-bed South Florida Evaluation and Treatment Center (SFETC) and for the construction and operation of a new 200-bed replacement facility located in Miami, Florida. The SFETC is a secure forensic psychiatric hospital that provides care for patients who have been determined by the criminal courts to need psychiatric services prior to continuing with the judicial process. It is the first privately managed forensic psychiatric facility in the country.

* On July 14, 2005, GEO signed a definitive merger agreement to acquire Sarasota-based Correctional Services Corporation (CSC), thus adding 15 adult correctional facilities and another under development with a design capacity of approximately 8,000 beds to GEO's North American operations.

* On August 19, 2005, upon the filing of an amendment to the The GEO Group's Articles of Incorporation with the Florida Secretary of State, GEO's wholly-owned subsidiary, Atlantic Shores Healthcare, Inc., changed its name to GEO Care, Inc. The new name will enable GEO Care to leverage the organizational strengths, expertise, and brand recognition of the parent company, The GEO Group.

* On November 4, 2005, the acquisition of CSC was completed. Post-closing, GEO has contracts and awards to manage 58 facilities with a total design capacity of approximately 48,000 beds, thus increasing GEO's correctional bed market share from 22 percent to 28 percent.

* On March 14, 2006, GEO reestablished its presence in the United Kingdom. The UK Home Office, Immigration and Nationality Directorate, awarded The GEO Group UK Ltd a five year contract for the management and operation of the Campsfield House Immigration Removal Centre.

* On May 25, 2006, GEO launched a public offering of 3.0 million shares of its common stock. On June 7, 2006, GEO priced these shares at $35.46 per share and closed on June 13, 2006. The aggregate net proceeds from the offering will be used to pay down debt, finance planned expansions and general corporate purposes which may include capital expenditures and potential acquisitions of complementary businesses and other assets.

* On July 26, 2006, marking our Tenth Anniversary on the New York Stock Exchange (NYSE), The GEO Group, Inc. became listed and traded on the Exchange under our new ticker symbol "GEO."

The company has been listed and traded on the NYSE since 1996 under the ticker symbol "WHC" and since 2004 under the symbol "GGI." This action does not reflect any changes in the management or policies of the company or our Board of Directors, but rather serves to further strengthen our corporate identity.

* On August 10, 2006, GEO's Board of Directors declared a 3-for-2 stock split of the company's common stock. The split took effect on October 2, 2006 with respect to stockholders of record on September 15, 2006. As a result of the split, GEO's diluted shares of outstanding common stock increased to approximately 19.5 million.

* On September 20, 2006, GEO signed a definitive merger agreement to acquire CentraCore Properties Trust (CPT), a correctional and real estate investment trust. Closing was targeted for late 2006 or early 2007.

* On January 24, 2007, GEO closed on its previously announced acquisition of CentraCore Properties Trust (CPT), resulting in acquiring ownership in 13 correctional facilities totaling 8,671 beds, 11 of which are currently operated by GEO and total 7,545 beds.

With this milestone, GEO's enterprise value now exceeds a billion dollars.

* On March 19, 2007, GEO issued 4,750,000 shares of its common stock at $43.99 per share. The gross proceeds resulting from this offering totaled approximately $209.0 million.

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