Kaplan Expands Operations in S. Florida - Leases 100,000 SQ. Feet in Ft. Lauderdale

Growth of Kaplan's Higher Education Online Schools Fuels Job Opportunities

Boca Raton, FL, August 11, 2004 - For the third time this year, Kaplan, Inc., a leading provider of educational and career services, announced that it has expanded its facilities to accommodate the growth of its online higher education programs. Kaplan will occupy an additional 96,948 square feet at 1515 Cypress Creek Road in Ft. Lauderdale, FL., starting in January 2005.

Kaplan's operations in South Florida - including its current Boca Raton locations at 6409 and 6501 Congress Avenue and Delray Beach at 1615 S. Congress Avenue and the Cypress Creek location - now occupy over 164,000 square feet.

"This is a strategic move for Kaplan's online higher education institutions," said Andrew Rosen, President and Chief Operating Officer, Kaplan, Inc., and President, Kaplan College. "In addition to physical growth accommodation, we're excited that Fort Lauderdale's perfect positioning - almost equidistant between Miami and West Palm Beach - will allow us to continue attracting and hiring the best and brightest in the South Florida region."

Fort Lauderdale City Commissioner, Christine Teel, added, "We welcome Kaplan's move to uptown Fort Lauderdale. Our city, with its wonderfully diversified mix of industries can benefit from the significant addition of such a nationally recognized education company."

This year, Kaplan Higher Education's online institutions have added more than 400 people to the staff, which now totals over 900. Kaplan's South Florida offices support functions such as academic development, admissions, student advising, marketing, technology support, finance and financial aid for the division's two online schools, Kaplan College and Concord Law School.

Kaplan College serves thousands of distance learning students with online degree and non-degree programs in business, information technology, criminal justice and paralegal studies.

Kaplan's other online offerings include Kaplan College continuing education programs in financial planning, wealth management, forensic nursing, legal nurse consulting, case management and life care planning, as well as Juris Doctor and Executive Juris Doctor law degree programs offered through Concord Law School. The student population in these programs has skyrocketed from 2,500 in 2001 to 18,000 today, making Kaplan one of the leading providers of online higher education in the U.S.

Cushman & Wakefield brokerage professionals in the New York, Ft. Lauderdale and Chicago offices, in conjunction with members of C&W's project management and transaction consulting groups, acted as real estate advisor to Kaplan, Inc. In addition, Cushman & Wakefield's Ft. Lauderdale office acted as building agent on behalf of the owner, The Alter Group.

About Kaplan Higher Education
Kaplan, Inc.'s Higher Education Division includes 67 campus-based schools in 16 states, as well as online programs. Each of the individual schools in the division is separately accredited by one of several national or regional accrediting agencies approved by the U.S. Department of Education. Kaplan, Inc. has been providing educational and career services to students, schools, professionals, and businesses worldwide for 66 years. Kaplan, Inc. is a wholly owned subsidiary of The Washington Post Company (NYSE: WPO). For more information about Kaplan, please visit .

Press Contacts:

Charles Lynn
561-981-7190
charles_lynn@kaplan.com

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