Margot Rogers Joins the Parthenon Group as Vice Chairman, Senior Advisor on Education

World-class Education Center of Excellence adds a leader with deep experience at the nexus of education policy, strategy and implementation

BOSTON, February 27, 2011 - The Parthenon Group, a leading strategic advisory firm with offices in
Boston, London, Mumbai, and San Francisco, announced today that Margot Rogers
will join the company as a Vice Chairman and Senior Advisor to Parthenon's
renowned Education Center of Excellence. Ms. Rogers, formerly Chief of Staff
to U.S. Secretary of Education, Arne Duncan, will focus primarily on advising
Parthenon's K-12 education clients, and brings a combination of policy and
practical experience that will strengthen Parthenon's industry-leading
education practice.

"Parthenon is delighted to be adding Margot Rogers to our team," said
Bill Achtmeyer, Parthenon's Chairman and Managing Partner. "She is widely
respected as one of the foremost leaders in shaping and implementing
innovative education reform, and will help further our Education Center of
Excellence's reputation as the sector's global leader in strategic advisory
services."

Rogers will play an integral role in advising Parthenon clients on
education strategy, as well as identifying growth opportunities for Parthenon
as a thought leader in the education sector.

"I have long known and respected Parthenon, both for their high quality
analysis and ability to help clients create practical solutions to real
challenges," said Rogers.

"Developing and implementing successful, innovative education strategies
is both an economic and social imperative around the world," said Rogers.
"This is an important time for the education sector, and I look forward to
advising our clients on the decisions that will create and enhance meaningful
educational opportunities for students and school systems across the globe."

Parthenon has been an advisor to the education sector since its founding
in 1991, and the Education Center of Excellence was the first of its kind
among management consulting firms. Since 2001, Parthenon teams have completed
over 400 education projects with K-12, post-secondary and private sector
clients in more than 27 countries, including clients in India, Southeast Asia
and MENA countries.

"Margot is an important addition to our global education team, especially
as we continue to experience a growing demand to help global education
operators with international growth strategies and to support financial and
strategic investors' access to quality education opportunities," said Robert
Lytle, Partner and Co-Head of the Education Center of Excellence at
Parthenon. "We look forward to Margot's ability to help advise our
international education clients on leading issues of education strategy,
policy and reform."

"Margot's deep experience in education policy at The Bill and Melinda
Gates Foundation and the United States Department of Education is an
extraordinary addition to our ability to advise our global network of
education clients," said Karan Khemka, Partner and Mumbai Office Head.
"Parthenon's work with governments, local education authorities, and
education providers often touches on the critical policy and education reform
issues that Margot has been central to for the last decade."

Prior to joining the U.S. Department of Education, Rogers spent 15 years
working on issues of education policy and practice for foundations and
non-profit organizations. She served as a Deputy Director of Education and
the Special Assistant to the Director of Education at the Bill and Melinda
Gates Foundation, where she managed the development of the foundation's
College-Ready education strategy and staff realignment, and served on the
education division's investment committee and strategic leadership team.

She has served on numerous education-related boards and advisory
commissions. Rogers is currently on the Board of Directors for The Joyce
Foundation and is a member of the Review Board for the Broad Prize for Urban
Education.

Rogers holds a B.A. from Emory University, where she was a Truman
Scholar, and a J.D. and an M.A. from the University of Virginia. She is a
member of the bar in Washington, D.C.

About The Parthenon Group

The Parthenon Group is a leading advisory firm focused on strategy
consulting, with offices in Boston, London, Mumbai, and San Francisco. Since
its inception in 1991, the firm has embraced a unique approach to strategic
advisory services built on long-term client relationships, a willingness to
share risk, an entrepreneurial spirit, and customized insights. This unique
approach has established the firm as the strategic advisor of choice for CEOs
and business leaders of Global 1000 corporations, high-potential growth
companies, private equity firms, educational institutions, and healthcare
organizations.

For more information, please visit www.parthenon.com

Kerry Erwin, Director of Communications, kerrye at parthenon.com, or Lisa Cloitre, Director - Education Center of Excellence, lisac at parthenon.com, both of The Parthenon Group; or Paul Andrew, Weber Shandwick, pandrew at webershandwick.com, +1-617-520-7121