Corcept Therapeutics Inc. Completes $25 Million Private Equity Financing and Secures Committed Equity Financing Facility for up to $60 Million

MENLO PARK, CA--(Marketwire - March 26, 2008) - Corcept Therapeutics Incorporated (NASDAQ: CORT) today confirmed that its previously announced private placement of Corcept common stock and warrants has been completed. Corcept sold approximately 8.9 million shares of its common stock at $2.77 per share, and warrants to purchase approximately 4.5 million shares of its common stock at $0.125 per warrant, resulting in gross proceeds of approximately $25.3 million.

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