Kaplan Professional Acquires Premier Provider of Home Inspection Training with Five Schools Across the U.S.

Inspection Training Associates (ITA) to Become Part of Kaplan Professional Schools

New York, NY, June 17, 2003 - Kaplan Professional, a division of Kaplan, Inc., today announced that it has acquired Inspection Training Associates (ITA), a premier provider of home inspection training in the U.S. ITA will become part of Kaplan Professional Schools, which provide real estate, insurance and securities licensing and continuing education programs through live classroom instruction, Internet-based learning, and correspondence courses.

This move expands the Kaplan Professional Schools into new markets in Illinois, Florida, California, Virginia and Connecticut.

ITA offers a full suite of home inspection training resources including business start-up support, reporting documentation and software systems. Founded in 1986, ITA became the first licensed school for home inspection in the U.S. in 1992. Since then, ITA has served over 13,500 students across the country through classroom instruction, correspondence courses and related products. Course information can be found at www.learn2inspect.com.

Kevin O'Malley, founder and President of ITA, will continue in his role. "This will enable us to benefit from Kaplan's leading technologies, financial resources and operational support," said O'Malley.

"This is a significant move that extends our reach and establishes Kaplan as the primary player in the home inspection training market," said Eric Cantor, President of Kaplan Professional. "Kevin and his team have done a terrific job of building ITA's leadership in this category, providing a breadth and quality of offerings that are unparalleled in the industry. We look forward to introducing ITA's unique curriculum to other Kaplan Professional Schools."

With the addition of ITA, there are now ten Kaplan Professional Schools across the country. These include Anthony Schools in California; Leonard-Hawes Real Estate Schools in Texas; Jones College in Colorado; The Dearborn Real Estate Institute in New Mexico; and ProSource Educational Services in Minnesota. In 2002, these schools served more than 150,000 students.

About Kaplan Professional
Kaplan Professional, a division of Kaplan, Inc., is a leading provider of education and training solutions to companies and individuals in the financial services, insurance, banking, real estate, legal, information technology, and call center industries. Kaplan Professional meets its clients training, certification and continuing education needs through traditional and e-learning management tools, combining classroom and web-based products and services designed to maximize the performance of people and organizations. Kaplan has been providing educational and career services to students, schools, professionals, and businesses worldwide for more than 60 years. Kaplan is a wholly-owned subsidiary of The Washington Post Company (NYSE: WPO - News). For more information about Kaplan, please visit http://www.kaplan.com.

Press Contacts:

Carina Wong
carina_wong@kaplan.com

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