Fiscal Year 2003

Press Releases

• Apollo Group, Inc. Reports Business Outlook for Fiscal 2004, 08/28/03
• Apollo Group, Inc. Announces Business Outlook Press Release and Conference Call, 08/01/03
• Apollo Group, Inc. Reports Fiscal 2003 Third Quarter Results, 06/23/03
• Apollo Group, Inc. Announces Timing of Third Quarter Earnings Release, Webcast and Conference Call, 06/13/03
• Apollo Group, Inc. Reports Fiscal 2003 Second Quarter Results, 03/25/03
• Apollo Group, Inc. Second Quarter Fiscal 2003 Earnings Conference Call, 02/24/03
• Apollo Group, Inc. Reports Fiscal 2003 First Quarter Results, 12/18/02

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Fiscal Year 2002

Press Releases

• Apollo Group, Inc. Reports Business Outlook for Fiscal 2003, 08/29/02
• Apollo Group, Inc. Authorizes 3-for-2 Stock Split for APOL and 4-for-3 Stock Split for UOPX, 04/05/02
• University of Phoenix Announces New Operations and Supply Chain Management Program, 12/11/01
• University of Phoenix Announces Online Availability of Microsoft and Cisco Courses, 11/14/01
• University of Phoenix Unveils Masters Education Program to Help Mitigate Teacher Shortage, 11/05/01
• President of University of Phoenix to Serve on Education Secretary's National Advisory Committee on Instructional Quality and Integrity (NACIQI), 10/29/01
• Apollo Group, Inc.'s University of Phoenix Student Loan Default Rate 4.6%, 10/03/01
• Apollo Group, Inc. Contributes $1 Million to New York City's Twin Towers Fund, 09/18/01

Earnings Releases

• Apollo Group, Inc. Reports Fiscal 2002 Fourth Quarter and Year End Results, 10/08/02
• Apollo Group, Inc. Reports Fiscal 2002 Third Quarter Results, 06/25/02
• Apollo Group, Inc. Reports Fiscal 2002 Second Quarter Results, 03/26/02
• Apollo Group, Inc. Reports Fiscal 2002 First Quarter Results, 12/18/01

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Fiscal Year 2001

Press Releases

• Apollo Group, Inc. Reports Business Outlook for Fiscal 2002, 08/30/01
• Apollo Group, Inc. Names Todd S. Nelson President and Chief Executive Officer, 08/30/01
• Apollo Group, Inc. Announces Expansion into Georgia, 08/22/01
• Apollo Group, Inc. Authorizes 3-for-2 Stock Split of University of Phoenix Online Common Stock, 07/02/01
• Department of Education Selects University of Phoenix to Participate in Distance Education Program, 06/27/01
• Apollo Group, Inc. Announces New Degree Program in Criminal Justice and Expansion into Idaho, 05/23/01
• Apollo Group, Inc. Comments on Department of Education Report, 05/18/01
• Apollo Group, Inc. Authorizes 3-for-2 Stock Split, 01/10/01
• Apollo Group, Inc. Announces Expansion into Wisconsin, 12/07/00
• Apollo Group, Inc. Subsidiary, the University of Phoenix, to Offer ProsoftTraining.com's Certified Internet Webmaster Program, 11/01/00
• Apollo Group, Inc. Closes University of Phoenix Online Offering, 10/03/00
• Apollo Group, Inc.'s University of Phoenix Student Loan Default Rate 4.1%, 10/03/00
• Apollo Group, Inc. Announces University of Phoenix Online Tracking Stock Priced at $14.00 Per Share, 09/28/00
• Apollo Group, Inc. Announces Adoption of the Microsoft Reader, 09/13/00

Earnings Releases

• Apollo Group, Inc. Reports Fiscal 2001 Fourth Quarter and Year End Results, 10/09/01
• Apollo Group, Inc. Reports Revenues and Earnings for Third Quarter Fiscal 2001, 06/25/01
• Apollo Group, Inc. Reports Revenues and Earnings for Second Quarter Fiscal 2001, 03/27/01
• Apollo Group, Inc. Reports Revenues and Earnings for First Quarter Fiscal 2001, 12/19/00

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Fiscal Year 2000

Press Releases

• Apollo Group, Inc. Gains Shareholder Approval on Proposal to Create New Class of Common Stock, 08/30/00
• Apollo Group, Inc. Announces State Approval in Ohio and Missouri, 07/31/00
• Apollo Group, Inc. Announces Dr. Jorge Klor de Alva has Accepted the Position of President and CEO of Apollo International, 07/28/00
• Apollo Group, Inc.'s University of Phoenix Reports 22% Increase in Degree Enrollments, 06/23/00
• Apollo Group, Inc. Announces Expansion Into Texas, 05/01/00
• Apollo Group, Inc. Files Registration Statement of Initial Public Offering of University of Phoenix Online Tracking Stock, 03/28/00
• Apollo Group, Inc. Announces the Completion of the Department of Education Office of Inspector General (OIG) Audit, 03/28/00
• Apollo Group, Inc. Announces Expansion into Massachusetts, 03/14/00
• Apollo Group, Inc.'s University of Phoenix Reports 23% Increase in Degree Enrollments, 12/14/99
• Apollo Group, Inc.'s University of Phoenix Student Loan Default Rate Lowered to 5.6%, 12/10/99
• Apollo Group, Inc. Announces Board Approval for Increase in Stock Repurchase Plan, 11/03/99
• Apollo Group, Inc. Reports FY99 Enrollment Results, 10/11/99

Earnings Releases

• Apollo Group, Inc. Reports Fiscal 2000 Fourth Quarter and Year End Results, 10/05/00 
• Apollo Group, Inc. Reports Revenues and Earnings for Third Quarter Fiscal 2000, 06/27/00
• Apollo Group, Inc. Reports Revenues and Earnings for Second Quarter Fiscal 2000, 03/28/00
• Apollo Group, Inc. Reports Revenues and Earnings for First Quarter Fiscal 2000, 12/16/99

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Fiscal Year 1999

Press Releases

• Apollo Group, Inc. Announces Completion of DOE Program Review, 07/30/99
• Apollo Group, Inc. Announces Board Approval for Increase in Stock Repurchase Plan, 05/25/99
• Apollo Group, Inc. Subsidiary, The University of Phoenix, Partners with Sallie Mae to Offer Adult Education Loans, 02/01/99
• Apollo Group, Inc. Subsidiary, The University of Phoenix, Takes Home Award, 01/25/99
• Apollo Group, Inc. Announces Outsourcing Agreement for Financial Aid Program Processing, 12/15/98
• Apollo Group, Inc. Announces NCA Approval to Operate in Maryland, 11/18/98
• Apollo Group, Inc. Announces Plan to Repurchase up to $40 Million of Company Shares, 09/29/98
• Apollo Group, Inc. Announces Appointment of New Chief Financial Officer, 09/14/98

Earnings Releases

• Apollo Group, Inc. Reports Fiscal 1999 Fourth Quarter and Year End Results, 10/14/99
• Apollo Group, Inc. Reports Revenues and Earnings for Third Quarter Fiscal 1999, 06/22/99
• Apollo Group, Inc. Reports Revenues and Earnings for Second Quarter Fiscal 1999, 03/16/99
• Apollo Group, Inc. Reports Revenues and Earnings for First Quarter Fiscal 1999, 12/17/98

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Fiscal Year 1998

Press Releases

• Apollo Group, Inc. Announces Expansion of IPD into New Jersey and Approval of New University of Phoenix Doctoral Degree, 08/27/98
• Hughes Network Systems and Apollo Group, Inc. Form Worldwide Distance Learning Company, 08/18/98
• Apollo Group, Inc. Announces Expansion Into Oklahoma and British Columbia and the Approval of Three Degree Programs -- Obtains State Licensure in Maryland, 06/10/98
• Apollo Group, Inc. Authorizes 3-for-2 Stock Split, 04/09/98
• Apollo Group, Inc. Announces the Expansion of IPD into Delaware, Opens Five New University of Phoenix Learning Centers, 02/23/98
• Apollo Group Names Todd S. Nelson President, 02/17/98
• Apollo Group Completes Acquisition of the College for Financial Planning and Related Divisions, 09/23/97
• Apollo Group, Inc. Announces the Extension of IPD's Two Largest Educational Contracts, 09/23/97
• Apollo Announces the Opening of Five New Campuses and Learning Centers, 09/16/97

Earnings Releases

• FY98 Fourth Quarter and Year End Results, 10/21/98
• FY98 Third Quarter Results, 06/22/98
• FY98 Second Quarter Results, 03/23/98
• FY98 First Quarter Results, 12/18/97

Selected Articles

• Apollo, Investors Have Ridden Boom in Adult Education
  The Arizona Republic, 02/19/98
• Forbes 200 Best Small Companies in America
  Forbes, 10/20/97
• Drive-Thru U
  The New Yorker, 10/20/97
• University for Working Adults Shatters Mold
  New York Times, 10/15/97
• Investors Hit the Books to Study Education Stocks, 09/08/97
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• She's Attained a Higher Degree of Employment
  Los Angeles Times, 09/04/97

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Fiscal Year 1997

Press Releases

• Apollo Group, Inc. to Acquire the College for Financial Planning and Related Divisions, 08/22/97
• Apollo Announces Planned Opening of University of Phoenix Campuses in Oregon and Washington, 08/20/97
• New Learning Centers and Extension of IPD Contracts, 05/01/97
• Three New Learning Centers in California, 04/24/97
• Addition of Two New Directors, 04/03/97
• Internet-Based Continuing Education Programs for the University of Phoenix, 04/01/97
• Appointment of Dr. Klor de Alva to Apollo's Executive Committee and Retirement of John D. Murphy, 02/13/97
• University of Phoenix Receives Initial Accreditation for MN Program, 01/21/97
• Shareholders Approve Increase in the Company's Authorized Shares of Class A Common Stock, 10/15/96

Earnings Releases

• FY97 Fourth Quarter and Year End Results, 10/20/97
• FY97 Third Quarter Results, 06/17/97
• FY97 Second Quarter Results, 03/19/97
• FY97 First Quarter Results, 12/17/96

Selected Articles

• More Than Credits Needed for Colleges
  Los Angeles Times, 08/31/97
• Company That Owns University of Phoenix to Buy Adult-Training Programs for $35-Million
  Chronicle of Higher Education, 08/25/97
• Pact Is Reached to Acquire Financial Planning College
  The Wall Street Journal, 08/25/97
• College bought for $35 million
  Arizona Republic, 08/23/97
• University of Phoenix Expanding into Northwest
  Arizona Republic, 08/22/97
• I got my degree through E-Mail and For-profit U
  Forbes, 06/16/97
• An aggressive, For-Profit University Challenges Traditional Colleges Nationwide
  Chronicle of Higher Education, 06/06/97
• Class of '95: Where are they now? and How Investors Fared
  Business Week, 05/26/97
• Arizona Public Companies: Apollo Group Rockets to 10th Place
  Arizona Republic, 05/18/97
• Beating the Street Despite Rising Competition
  Investor's Business Daily, 01/09/97
• Stocks Rally to Week's Best Gain; Tech, Banks and Energy Recover
  The Wall Street Journal, 12/18/96
• California's Colleges Unprepared for New Tidal Wave of Students
  The Chicago Tribune, 12/03/96
• Heard on the Street: Stocks of Education, Health, Environ- mental and TV Firms May Be Post-election Winners
  The Wall Street Journal, 11/08/96
• Virtual MBA
  Information Week, 11/04/96
• Forbes 200 Best Small Companies in America
  Forbes, 11/04/96
• Nontraditional College Growing Fast
  Austin American-Statesman, 10/27/96
• State Companies on "Forbes," "Inc." Lists of Best of '96
  The Arizona Republic, 10/24/96

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Fiscal Year 1996

Press Releases

• IPD Announces Extension of Educational Contracts, 07/29/96
• IPD Expands Into New York, 07/22/96
• University of Phoenix Expands Into Florida, 07/15/96
• University of Phoenix Online Announces New Education Programs, 06/26/96
• IPD Expands Into Michigan, 06/19/96
• 3-for-2 Stock Split, 05/15/96
• 3-for-2 Stock Split, 02/05/96
• IPD Expands Into Iowa and Tennessee, 01/23/96
• Apollo Group, Inc. Completes Public Offering, 01/19/96
• Renewal of Accreditation for University of Phoenix BSN Program, 11/06/95
• Language Training Partnership with Inlingua, 10/31/95
• Renewal of IPD Educational Services Contract, 10/31/95
• The Company Establishes Gateway to the Microsoft Network, 10/16/95
• Educational Partnership with AT&T, 10/10/95
• Acquisition of Western International University, 09/06/95

Earnings Releases

• FY96 Fourth Quarter and Year End Results, 10/21/96
• FY96 Third Quarter and Nine Months Results, 06/24/96
• FY96 Second Quarter and Six Months Results, 03/18/96
• FY96 First Quarter and Three Months Results, 12/21/95

Selected Articles

• Market Makes Role Model of Renegade
  The Arizona Republic, 08/18/96
• Building An Education Empire
  The Arizona Republic, 08/18/96
• Cyber Ed
  Investor's Business Daily, 07/12/96
• You Could Learn a Lot From These Education Stocks
  Kiplinger's Personal Finance, 06/96
• John G. Sperling, President and Chairman, Apollo Group, Inc. Taking Higher Education to New Heights
  The Education Industry Report, 03/96
• Phoenix Rising
  Individual Investor, 12/95
• Companies Cooperate to a Degree
  The Arizona Republic, 11/10/95
• A Class Act
  Investor's Business Daily, 10/17/95
• Apollo Buys Western International
  The Business Journal, 09/08/95
• Companies to Watch -- Back to School
  Fortune Magazine, 09/04/95
• Taking Stock in Arizona
  The Arizona Republic, 09/03/95
• Analysts Soar with ValuJet, Rocket with Apollo; Winners in Bloomberg's First-Quarter Survey Rode to Success on a Start-Up Airline and and Educator with a Space-Age Name
  Bloomberg, 09/95

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Fiscal Year 1995

Press Releases

• 3-for-2 Stock Split, 08/28/95
• University of Phoenix Expands Into Michigan and Louisiana, 08/07/95 
• Company President Named One of Arizona's Entrepreneurs of the Year, 07/05/95
• Partnership to Provide Training and Certification for Novell and Microsoft, 07/05/95
• IPD Expands Into Ohio, 05/22/95
• Apollo Receives Accreditation for University of Phoenix Master of Counseling Degree Program, 05/18/95
• Opening of Three New University of Phoenix Learning Centers in California, 05/18/95
• 4-for-3 Stock Split, 03/29/95

Earnings Releases

• FY95 Fourth Quarter and Year End Results, 10/16/95
• FY95 Third Quarter and Nine Months Results, 06/26/95
• FY95 Second Quarter and Six Months Results, 03/20/95

Selected Articles

• Online Grads Get E-Mail From Gore
  The Arizona Republic, 08/18/95
• Apollo Group Grows to Education Giant for Working Adults
  Arizona Business Gazette, 07/13/95
• Splits as Popular as Ever, Despite Debate
  Investor's Business Daily, 07/10/95
• Night Degree Programs Rare at State Colleges, 07/05/95
• It's Elementary: Buy Education Stocks Now, 07/02/95
• Services Entrepreneur Winner
  The Business Journal, 06/30/95
• Enrollments, Profit Up
  Phoenix Gazette, 06/27/95
• Joe CEO Gets a Cool Half Mil; Arizona Execs Average $256,000 in Base Pay
  The Business Journal, 06/23/95
• Hottest of the Hot
  Business Week, 05/22/95
• Apollo Group to Open Learning Sites
  The Sun, 05/20/95
• Lesson to be Learned From Public Offerings: Proceed Cautiously
  The Arizona Republic, 05/07/95
• Trend of Firms Going Public 'Just Awesome'
  The Arizona Republic, 05/07/95
• Nasdaq Gainers and Losers
  New York Times, 04/03/95
• Innovative Education for Working Adults
  Investor's Business Daily, 01/18/95
• University of Phoenix Goes Public
  The Business Journal, 09/23/94
• Virtual U
  The Wall Street Journal, 09/12/94

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