Ross University

1. Ross University Dr. Thomas C. Shepherd Executive Vice President, DeVry Inc. President, Ross University

2. Ross UniversitySchool of MedicineSchool of Veterinary Medicine

3. Ross University School of MedicineDominica Campus

4. Ross University School of Medicine

5. Ross UniversityFundamental Supply/Demand Imbalance 17,000 U.S. Med School Seats/Year 40,000 Applications

6. Ross UniversitySupply/Demand Imbalance of Residency Positions 17,000 U.S. Graduates/Year 25,000 Residency Positions

7. Ross University School of MedicineEducational Timeline Advanced Introduction to Clinical Medicine Clinical Rotations Basic Sciences Residency USMLE Step 3 M.D. USMLEStep 1 USMLE Step 2 16 Months Semesters 1-4 Dominica Campus 90 WeeksSemesters 6-10 At 50+ Ross affiliated teaching hospitals in U.S. 3 Months Semester 5 Miami Campus

8. Ross University School of MedicineKey Competitive Advantages • 30-year history • Technologically advanced campuses • Clinical training occurs 100% in the U.S. • Graduates can be licensed and practicein all 50 U.S. states and Canada • Excellent outcomes

9. Ross University School of MedicineDominica Campus

10. Technologically advanced classrooms High-definition screens Wireless campuses Real-time and archived web-casting Audience response units Human simulators Ross University School of MedicineTechnology

11. Ross University School of Medicine Integrating Clinical Experience

12. Industry leader in providing this unique experience for students Bridge between basic science education and U.S. clinical clerkships Ross University School of MedicineAdvanced Introduction to Clinical Medicine: Miami Campus

13. Ross University School of MedicineClinical Affiliated Hospitals • Arizona (1) • California (3) • Connecticut (2) • Florida (2) • Georgia (1) • Illinois (5) • Maryland (8) • Massachusetts (1) • Michigan (1) • New Jersey (4) • New Mexico (1) • New York (21) • Ohio (1) • Oklahoma (1) • Puerto Rico (1) • Virginia (1) • Wisconsin (1) • Commonwealthof Dominica (1)

14. Ross UnivGPA > 2.90 Ross UnivGPA > 2.50 Ross UniversityUSMLE Step 1 First-Time Pass Rates

15. Ross University – Dominica 447 St. George’s University – Grenada 410 (est.) University of Illinois at Chicago 268 Indiana University 258 Drexel University – Philadelphia 245 Wayne State University – Michigan 244 University of Minnesota 224 Thos. Jefferson University – Philadelphia 217 University of Texas – Southwestern 217 Ohio State University 202 University of Texas – Houston 202 Ross UniversityTop U.S. Physician (M.D.) Producers Source: Self-reported; American Association of Medical Colleges(AAMC) Database, 2006

16. Ross University School of MedicineAlumni June 2007: 5,784 10 3 1 1 25 2 27 2 5 1 6 14 28 3 3 10 MA 43 65 4 941 2 RI 23 131 CT 116 195 14 44 11 NJ 396 109 532 235 26 58 DE 7 14 18 103 13 37 DC 5 22 MD 161 48 57 30 52 12 38 14 32 81 18 113 49 AK 3 361 PR 8 HI 8

17. Ross University School of Veterinary MedicineSt. Kitts Campus

18. Ross UniversityFundamental Supply/Demand Imbalance: DVM Programs 2,500 U.S. Vet School Seats/Year 6,000 Applications

19. Ross University School of Veterinary MedicineEducational Timeline Pre-ClinicalCurriculum Clinical Training D.V.M. Semesters 8-10 At one of 22 Ross affiliated AVMA-accredited schools of veterinary medicine. 28 Months Semesters 1-7St. Kitts Campus

20. Ross University School of Veterinary MedicineKey Competitive Advantages • 25-year history • Technologically advanced campus • Clinical training occurs 100% in the U.S. • Graduates can be licensed and practicein all 50 U.S. states and Canada • Excellent outcomes • Currently in review for AVMA accreditation

21. Ross University School of Veterinary MedicineAVMA Accreditation

22. Ross University School of Veterinary MedicineSt. Kitts Campus

23. Technologically advanced campus High definition screens Wireless campus Digital radiography Ross University School of Veterinary MedicineTechnology

24. Ross University School of Veterinary MedicineOn-Campus Student Housing

25. Auburn University Colorado State University Cornell University Iowa State University Louisiana State University Michigan State University North Carolina State University Ohio State University Oregon State University Purdue University Ross University School of Veterinary MedicineU.S. Affiliated Veterinary Schools • Texas A&M • Tufts University • Washington State University • University of Florida • University of Illinois • University of Minnesota • University of Missouri • University of Pennsylvania • University of Tennessee • University of Wisconsin

26. Ross UniversityVet Licensure Exam Results • NAVLE (3 yr avg.) • Ross: 85% • Minimum pass rate: 80% • PAVE-QE (4 yr avg.) • Ross: 85% • Int. schools (inc. Ross): 71%

27. Ross University – St Kitts 214 Ohio State University 135 Colorado State University 133 Texas A&M University 125 University of California – Davis 123 University of Pennsylvania 112 Kansas State University 107 Iowa State University 106 Michigan State University 98 University of Illinois – Urbana 96 Auburn University 91 Ross UniversityTop U.S. Veterinarian (D.V.M.) Producers Source: Self-reported; American Association of Veterinary Medical Colleges (AAVMC) Database, 2006

28. Ross University School of Veterinary MedicineAlumni June 2007: 2,097 5 2 2 0 6 O 1 23 7 0 5 16 12 12 RI 6 7 2 2 303 10 MA 35 40 1 CT 21 58 1 1 NJ 82 9 54 17 71 DE 2 110 6 3 48 DC 1 11 21 3 MD 46 11 34 9 16 9 14 6 9 11 21 5 16 39 AK 0 163 PR 25 HI 6

29. Ross UniversityGrowth in Enrollments

30. Ross UniversityKey Competitive Advantages • High quality academic programs • Solid market fundamentals • Good operating margins • Strategy and future vision

31. Ross UniversityStrategy and Future Vision • Campus expansions • AVMA accreditation • Expanding clinical affiliations • Enhanced marketing initiatives • New programs

32. Ross University