Statement of Ownership

American InterContinental University is owned by American InterContinental University, Inc., which is wholly owned by Career Education Corporation (CEC).

The executive officers of CEC are:

Todd Nelson, President and Chief Executive Officer

Jeffrey Ayers, Senior Vice President, General Counsel, and Corporate Secretary

Dave Czeszewski, Senior Vice President and Chief Information Officer

Ashish Ghia, Senior Vice President and Chief Financial Officer

Andrew Hurst, Senior Vice President - Colorado Technical University

John Kline, Senior Vice President - American InterContinental University

Julia Leeman, Senior Vice President, Transitional Schools Group

Members of the CEC Board of Directors are:

Thomas B. Lally (Chairman)

Dennis H. Chookaszian

Kenda B. Gonzales

Patrick W. Gross

William D. Hansen

Gregory L. Jackson

Todd S. Nelson

Leslie T. Thornton

Richard D. Wang