Server: Netscape-Enterprise/2.0a Date: Mon, 29 Dec 1997 19:11:37 GMT Accept-ranges: bytes Last-modified: Fri, 05 Dec 1997 14:42:21 GMT Content-length: 3591 Content-type: text/html Press Release - july 15

FOR:Nobel Education Dynamics, Inc.

FOR IMMEDIATE RELEASE

CONTACT:
Jack Clegg
Chairman/Chief Executive Officer
Brian Zwaan
Executive Vice President/Chief Financial Officer
(610) 891-8200

INVESTOR RELATIONS:
Cheryl Schneider, Stacey Levitz
Michael McMullan (media)
Morgen-Walke Associates, Inc.
(212) 850-5600

 


NOBEL EDUCATION DYNAMICS, INC. BEGINS CONSTRUCTION OF 4 NEW SCHOOLS
Company expands presence in Pennsylvania, New Jersey, Virginia, and California


Media, PA, November 20, 1997 - Nobel Education Dynamics, Inc. (Nasdaq:NEDI), has broken ground on 4 new schools which are scheduled to open in 1998. Specifically, construction is underway for two new preschools in New Jersey and California and two elementary schools in Pennsylvania and Virginia. Nobel plans to build a total of 8 to 10 new schools in 1998.

With these ?new builds? and the Company?s ongoing acquisitions, Nobel continues to expand its presence in existing and new markets. A.J. Clegg, Chairman/CEO said, ?As we expand into these new
markets, we are positioned for continued growth into 1998.?

Mr. Clegg continued, ?Nobel is dedicated to providing children with a caring, safe, yet challenging environment conducive to learning and achieving. These new schools are part of Nobel?s long-term
cluster strategy which allows students to receive a seamless educational experience from preschool all the way through eighth grade.?

PRE-SCHOOLS currently under construction are:

School Name Location Capacity Status
Chesterbrook Academy Evesham, New Jersey 150 Opening July 1998
Merryhill School Sacramento, CA 150 Opening January 1998

ELEMENTARY SCHOOLS currently under construction are:
Chesterbrook Academy West Chester, PA
280
Opening June 1998
Chesterbrook Academy Sterling, Virginia 280
Opening June 1998

These schools, combined with their preschools, elementary and middle schools in 14 states, signify Nobel?s growth plan to fulfill it?s mission of providing an educationally superior nationwide schools system.

Nobel operates 129 private preschools, elementary and middle schools in 14 states. The Nobel Learning Community has the capacity to educate over 19,000 children.

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