Edison Schools in California More than Double Statewide Academic Growth Friday, October 06, 2000 Each of the schools scored close to the top of their individual districts in growth. For example, Edison Charter School, with growth of 87 points, ranked third of 71 schools in the San Francisco district, and Feaster-Edison Charter School ranked sixth of 34 schools in the Chula Vista district, according to results released on Wednesday by the California Department of Education. Significantly, these gains were large for all ethnic and economic subgroups within the Edison schools. Gains by African American students averaged 98 points, Hispanic students averaged 81 points and socioeconomically disadvantaged students as a whole averaged 87 points, all double the state average for all students. The API is based on results of the statewide Stanford Achievement Test, 9th edition, taken each spring by 4.2 million students in grades 2 through 11. Except for the historical information contained in this announcement, the matters discussed are forward looking statements (as that term is used in the Private Securities Litigation Reform Act of 1995) that involve risks and uncertainties, including risks detailed from time-to-time in Edison's filings with the Securities and Exchange Commission. In particular, Edison calls to the reader's attention the risk factors described in its Quarterly Report on Form 10-K dated September 28, 2000 under the heading "Additional Risk Factors That May Affect Future Results." Any such forward-looking statements speak only as of the date such statements are made, and Edison undertakes no obligations to publicly release the results of any revision to these forward-looking statements or otherwise update or supplement this announcement or risk factors contained herein.
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