Concorde Reports Listing On Nasdaq SmallCap Market and Ticker Symbol Change.

Business Editors

MISSION, Kan.--(BUSINESS WIRE)--May 22, 2002

Concorde Career Colleges, Inc. (Nasdaq: CCDC), a provider of career training in allied health programs, begins trading today on the Nasdaq SmallCap Market under the ticker symbol CCDC. Previously Concorde traded on the OTCBB under the ticker symbol CCCC.

Jack Brozman, President & CEO, said: "Listing on the Nasdaq SmallCap Market is another positive step for Concorde. Concorde's presence as a Nasdaq-listed company is a benchmark of our success. We want to take the next step to the Nasdaq National Market."

In addition to listing on Nasdaq, Concorde also reported the following:

-- Concorde confirmed estimates for 2002 - 15% revenue growth and diluted
earnings per share of $0.43.

-- Concorde announced that Jack Brozman, President and Chief Executive Officer,
and Paul Gardner, Vice President and Chief Financial Officer, will present to
the investment community on Wednesday, June 5, 2002, at a Site Based Education
Conference presented by ThinkEquity Partners, www.thinkequity.com, in New York,
New York. Concorde's executives will review the company's operations and
financial performance and discuss the company's position in the post-secondary
education sector.

Certain statements in this press release may be deemed to be forward-looking statements under the Private Securities Litigation Reform Act of 1995. The Company intends that such forward-looking statements be subject to the "safe-harbor" provisions of that act. Forward-looking statements regarding economic conditions, efforts of employees, year to year improvements, effects of corporate initiatives, future profitability, projections, future revenue opportunities, and their impact on 2002 are forward looking statements and not historical facts. These statements are estimates or projections involving numerous risks or uncertainties, including, but not limited to, consumer demand, acceptance of services offered by the Company, the Company's ability to maintain current expense and revenue levels, actions by competitors, impairment of federal funding, legislative action, student default rates, changes in federal or state authorization or accreditation changes, changes in market needs and technology, political or regulatory matters, litigation, general economic conditions, changes in management strategy and the Company's ability to leverage its curriculum and management infrastructure to build its student base. Actual results or events could differ materially from those discussed in the forward-looking statements. See the Company's reports on Forms 14C, 10-K and 10-Q filed with the Securities and Exchange Commission for further information. The Company disclaims any obligation to publicly update, revise or correct any forward-looking statements, whether as a result of new information, future events or otherwise.To find out more about Concorde Career Colleges, Inc. (Nasdaq: CCDC), visit our website at www.concordecareercolleges.com.