Donna N. Jennings Appointed Vice President of Human Resources at DeVry Inc.

OAKBROOK TERRACE, Ill. -- DeVry Inc. (NYSE: DV) announced that Donna N. Jennings has joined the company as vice president of human resources. She will report to Daniel Hamburger, president and chief operating officer.

Jennings most recently served as vice president, human resources and communications, for Velsicol Chemical Corporation, headquartered in Rosemont, Ill., where she led HR and communications strategy for this international supplier of high performance plasticizers, food additives and industrial intermediates. Jennings previously worked in a variety of HR and communications positions at Velsicol and started her career at USI Chemicals and 3M National Advertising.

In her new position at DeVry, Jennings will be responsible for developing human resources strategies at the Oakbrook Terrace, Ill.-based provider of higher education programs and professional training, including recruiting, training, compensation and benefits and employee relations.

"The addition of Donna Jennings to our executive team is an important part of DeVry's growth strategy," said Hamburger. "Her experience in the field of human resources will help DeVry to attract and retain top-level talent and to develop new training programs, enabling our employees to be more effective."

Jennings earned her Bachelor of Arts degree in advertising and public relations from Columbia College Chicago. She went on to complete graduate coursework in business and human resources at DePaul University in Chicago.

DeVry Inc. is the holding company for DeVry University, Ross University, Chamberlain College of Nursing and Becker Professional Review. DeVry University, which includes Keller Graduate School of Management, offers associate, bachelor's and master's degree programs in technology, healthcare technology, business and management. Ross University, through its schools of Medicine and Veterinary Medicine, offers both doctor of medicine and doctor of veterinary medicine degree programs. Chamberlain College of Nursing offers associate and bachelor's degree programs in nursing. Becker Professional Review, which includes Stalla CFA Review, provides preparatory coursework for the certified public accountant and chartered financial analyst exams. DeVry Inc. is based in Oakbrook Terrace, Ill. For more information about the company, visit http://www.devryinc.com

Certain statements contained in this release, including those that affect DeVry's expectations or plans, may constitute forward-looking statements subject to the Safe Harbor Provision of the Private Securities Litigation Reform Act of 1995. Actual results may differ materially from those projected or implied by these forward-looking statements. Potential risks, uncertainties and other factors that could cause results to differ are described in the Company's most recent Annual Report on Form 10-K for the year ending June 30, 2005 filed with the SEC September 13, 2005, especially in the section entitled "Forward Looking Statements" at the beginning of Part I and in the subsections of "Item 1 - Business" entitled "Competition," "Student Recruiting," "Accreditation and Approvals," "Tuition and Fees," "Financial Aid and Financing Student Education," "Career Services" and "Faculty."