Career Education Corporation Notes Accreditation Action for American InterContinental University.

HOFFMAN ESTATES, Ill. -- Career Education Corporation (NASDAQ:CECO) said today that American InterContinental University ("AIU") has been placed on a one-year probation by the Commission on Colleges of the Southern Association of Colleges and Schools.

"We are committed to addressing the Commission's concerns while continuing to provide quality education to our students," said George Miller, AIU Chief Executive Officer.

According to John Larson, Chairman and Chief Executive Officer of Career Education Corporation, "We remain confident in American InterContinental University and its commitment to quality education and to the significant educational benefits provided to all of their students."

About Career Education Corporation

Career Education Corporation (www.careered.com) is one of the largest providers of private, for-profit, post secondary education and has a presence in both on-campus and online education. CEC's Colleges, Schools and Universities segment operates more than 80 campuses in the U.S., Canada, France, the United Kingdom, and the United Arab Emirates and offers doctoral degree, master's degree, bachelor's degree, associate degree, and diploma programs in the career-oriented disciplines of business studies, visual communication and design technologies, health education, information technology, and culinary arts. The Online Education Group operates American InterContinental University Online and Colorado Technical University Online and offers a variety of degrees in information technology, business, visual communication, and education. CEC's total student population as of October 31, 2005, was approximately 107,300 students.

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