Whitney Information Network, Inc. Authorized Repurchase of Stock.

Business Editors

CAPE CORAL, Fla.--(BUSINESS WIRE)--Feb. 2, 2000

Whitney Information Network, Inc. (OTCBB:RUSS) announces today that its Board of Directors has authorized it to repurchase up to 30,000 shares of its common stock from time to time in the open market transactions at current market prices.

There was a special meeting of the Board of Directors held on January 21, 2000 at the Caribe Royale Hotel in Orlando, Florida for the purpose of authorizing Whitney Information Network, Inc. the right to purchase up to 30,000 shares of its stock on the open market for purposes of providing shares for a marketing campaign and/or any other purpose the company deems necessary.

In Whitney Information Network's 12-year history, it has emerged as a leader in teaching wealth-building techniques. WIN! was founded by nationally known wealth building expert and author Russ Whitney. The company provides solid financial education, systems, and strategies for its students to build wealth. Companies such as Computer Learning Centers NASDAQ - CLCX - news), that provide information technology and computer-related training and education, DeVry Inc. (NYSE - DV - news), Apollo Group Inc. (NASDAQ - APOL - news), and New Horizons (NASDAQ - NEWH - news) have become major players in this field. Additional information on the company and its products and services can be found on its web site at www.russwhitney.com.

This news release contains forward-looking statements, which involve risks and uncertainties. Actual results could vary from those expected due to a variety of risk factors, including, but not limited to, the company's ability to generate working capital, activities of competitors, risks associated with business combinations, dependence upon management, economic conditions and other risks which may be outlined in future company announcements.