The GEO Group Establishes at the Market Equity Offering Program

  The GEO Group Establishes at the Market Equity Offering Program

Business Wire

BOCA RATON, Fla. -- May 08, 2013

The GEO Group, Inc. (NYSE:GEO) (“GEO”), the world’s leading provider of
diversified correctional, detention, and community reentry services, announced
today that it has established an “at-the-market” equity offering program
through which it may from time to time sell shares of its common stock for an
aggregate offering price of up to $100 million. Under the program, GEO may
offer and sell shares of its common stock from time to time through SunTrust
Robinson Humphrey, Wells Fargo Securities, J.P. Morgan, and Avondale Partners
as sales agents.

GEO intends to use the net proceeds of any sales for debt repayments, capital
expenditures and/or general corporate purposes.

In conjunction with this "at-the-market" equity offering program, GEO filed
today with the Securities and Exchange Commission a prospectus supplement to
GEO's prospectus, dated September 13, 2011, filed as part of its effective
shelf registration statement.

This press release does not constitute an offer to sell or the solicitation of
an offer to buy nor will there be any sales of these securities in any
jurisdiction in which such offer, solicitation or sale would be unlawful prior
to registration or qualification under the securities laws of such

The offering of these securities will be made only by means of a prospectus
supplement and related base prospectus. You may obtain these documents at no
cost on the SEC's website at Additionally, copies of the
prospectus supplement and the related base prospectus may be obtained from:
SunTrust Robinson Humphrey, Attention: Prospectus Department, 3333 Peachtree
Road, NE, Atlanta, GA 30326, by calling the Prospectus Phone Number (404)
926-5744 or by e-mailing; (b) Wells Fargo
Securities, Attention: Equity Syndicate Department, 375 Park Avenue, New York,
New York 10152, by calling (800) 326-5897 or by e-mailing; (c) J.P. Morgan, Attention: Broadridge
Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, by calling
(866) 803-9204; or (d) Avondale Partners, Attention: Karen Peek, 3102 West End
Ave., Suite 1100, Nashville, TN 37203, by calling (615) 467-3459.

The GEO Group, Inc. (NYSE: GEO) is the first fully integrated equity real
estate investment trust specializing in the design, financing, development,
and operation of correctional, detention, and community reentry facilities
around the globe. GEO is the world's leading provider of diversified
correctional, detention, and community reentry services to government agencies
worldwide with operations in the United States, Australia, South Africa, and
the United Kingdom. GEO's worldwide operations include the ownership and/or
management of 95 facilities totaling approximately 72,000 beds with a growing
workforce of approximately 18,000 professionals.

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. 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) the risk that future
sales of GEO common stock could adversely affect the market price of the
common stock and may be dilutive to current shareholders; (2) GEO’s ability to
successfully pursue further growth and continue to create shareholder value;
(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; (8) GEO’s ability to access the capital markets in the future
on satisfactory terms or at all; and (9) other factors contained in GEO’s
Securities and Exchange Commission periodic filings, including the Form 10-K,
10-Q and 8-K reports.


The GEO Group, Inc.
Pablo E. Paez, 866-301-4436
Vice President, Corporate Relations
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