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Pearson VUE
Julie Boyce
+1-952-681-3000

Excelsior College
William M. Stewart
518-464-8775
wstewart@excelsior.edu

Pearson VUE Signs Exclusive Testing Agreement with Excelsior College

BLOOMINGTON, Minn., May 11, 2006 — Pearson VUE, the electronic testing business of Pearson, today announced that it has signed an exclusive, five-year contract, effective September 1, 2006, with Excelsior College to provide computer-based test delivery of Excelsior College’s credit-by-examination program. These exams will be delivered throughout the Pearson VUE-owned and -operated network of more than 230 Pearson Professional Centers throughout the world. Students can begin taking exams at these centers September 1, 2006.

An accredited institution, Excelsior College (formerly known as Regents College) was founded in 1971 and is a world leader in distance education. Located in Albany, N.Y., its flexible yet academically rigorous programs help busy adults earn the degrees they need to reach their goals. Excelsior College offers degree programs and awards credit based upon completion of its online courses and its credit-by-examination program. With this agreement, students that have mastered the material through some combination of experience and self-study may demonstrate that mastery and earn college credit by sitting for an Excelsior College Examination at a Pearson Professional Center.

Credit earned via Excelsior College Examinations is accepted by more than 900 colleges and universities nationwide as transfer credit and for advance placement purposes.

“We are thrilled Excelsior College has selected Pearson VUE to play such an important role in the lives of students working hard to complete their college degrees,” said Robert Whelan, Pearson VUE president. “Excelsior College can expect its students to receive a consistently great experience with Pearson VUE regardless of where in the world they test.”

Dr. Patrick Jones, Dean of Assessment at Excelsior College said, “We chose Pearson VUE because the consistency and quality of the Pearson Professional Centers will allow our students to take our exams in a comfortable, secure environment.” Dr. Jones went on to say, “Pearson VUE’s commitment to the highest levels of customer service, to both our students and the College, was also a factor in our decision.”

Pearson VUE (www.pearsonvue.com) is the global leader in electronic testing services for academic admissions, certification and licensure programs. Pearson VUE offers exams through the world’s largest network of test centers in 145 countries, providing testing services for information technology, regulatory and certification boards, academic, government and corporate clients. Its innovative technology offers the security and control required by academic, licensure and certification programs while its commitment to service provides customers with an unmatched testing experience. Pearson acquired Promissor, which is now a business of Pearson VUE, extending its leadership in the testing and certification industry.

Pearson VUE is a business of Pearson (NYSE: PSO; LSE: PSON), the international media company, whose businesses include the Financial Times Group, Pearson Education, and the Penguin Group.

Excelsior College (www.excelsior.edu) is a private, nonprofit institution of higher learning and an acclaimed world leader in the field of distance education. Founded in 1971 and located in Albany, N.Y., it is accredited by the Commission on Higher Education of the Middle States Association of Colleges and Schools. Excelsior College Examinations are recognized by the American Council on Education (ACE), Center for Adult Learning and Educational Credentials, for the award of college-level credit.

Excelsior College provides access to many different avenues for earning college credit, focusing on what students know, rather than on where or how they learned it. Undergraduate credits are earned through a variety of sources including Excelsior’s own online courses and for-credit exams; courses (online and campus-based) from other colleges and universities; certificate programs; and recognized college-level sources such as military and corporate training programs. Excelsior’s graduate programs are delivered online. Through these means, the college makes associate, baccalaureate, and masterís degrees more accessible to busy, working adults.

U.S. News & World Report’s 2006 “America’s Best Colleges” report recognized Excelsior College as having the largest number of transfer students in the nation for the third year in a row. It also listed Excelsior College as having the second highest percentage of students over 25 years old.

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