Edison Schools receives endorsements of key PTA leaders in New York City

Thursday, March 15, 2001
Key parent leaders in New York City announced today, at a press conference on the steps of City Hall, that they have given their endorsements to Edison. Dozens of parents attended the press conference, and Edison received endorsements from the leadership of the PTA at Middle School (MS) 320 and Intermediate School (IS) 111, as well as the Co-Chairman of the School Leadership Team at Public School (PS) 66. Pearl Alexander, President of the PTA of MS 320 in Brooklyn, said: "A good education is the key to a better future for my son and all our children. Edison is the best choice for our community and our children." Ricardo Cruz, Co-Chairman of the School Leadership Team at PS 66, said: "People have been talking about making this school better for a long time. I think now I really have a chance to offer my three daughters the education they need and deserve."

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-Q dated February 14, 2001 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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