Career Education Corporation Announces Renewal of Le Cordon Bleu Licensing Agreement

Tue Jul 15, 2008 10:00am EDT

* Reuters is not responsible for the content in this press release.

HOFFMAN ESTATES, Ill.--(Business Wire)--
Career Education Corporation (NASDAQ:CECO) announced today that it
has extended its licensing arrangement with Le Cordon Bleu
International (LCBI) for an additional five year period beginning
January 1, 2009 through December 31, 2013.

   CEC entered into its first agreement with LCBI almost a decade
ago, in which it obtained the exclusive license to utilize the Le
Cordon Bleu trade name and programs for CEC's culinary schools in
North America (Le Cordon Bleu Schools North America).

   "Consistent with our strategic plan, we are pleased to continue
our relationship with LCBI," said Gary E. McCullough, president and
CEO of Career Education Corporation. "Since we partnered in 1999, Le
Cordon Bleu Schools North America have successfully trained and
graduated thousands of students in the Culinary Arts."

   About Career Education Corporation

   The colleges, schools, and universities that are part of the
Career Education Corporation (CEC) family offer high quality education
to a diverse population of approximately 90,000 students across the
world in a variety of career-oriented disciplines. The more than 75
campuses that serve these students are located throughout the U.S. and
in France, Italy, and the United Kingdom, and offer doctoral,
master's, bachelor's, and associate degrees and diploma and
certificate programs. Approximately one third of students attend the
web-based virtual campuses of American InterContinental University
Online and Colorado Technical University Online.

   CEC is an industry leader whose gold-standard brands are
recognized globally. Those brands include Le Cordon Bleu Schools North
America; Harrington College of Design; Brooks Institute; International
Academy of Design & Technology; American InterContinental University;
Colorado Technical University and Sanford-Brown Institutes and
Colleges. Through its schools, CEC is committed to providing quality
education, enabling students to graduate and pursue rewarding careers.

   For more information, see the company's website at
http://www.careered.com. The company's website includes a detailed
listing of individual campus locations and web links to its more than
75 colleges, schools, and universities.

Career Education Corporation
Media:
Lynne Baker 847/851-7006
Andrea Meyer 847/585-3937
or
Investors:
Casey Darby 847/585-3899
www.careered.com

Copyright Business Wire 2008
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