Capella University Announces Leadership Changes to Support Focus on Quality in Education

March 5, 2007

MINNEAPOLIS-(Business Wire)-March 1, 2007 – Capella University, an accredited(a), fully online university and wholly owned subsidiary of Capella Education Company (NASDAQ:CPLA), both based in Minneapolis, Minn., today announced a new university leadership structure and a national search for a new university president. Michael Offerman, current president of the university, will become vice chairman-external university initiatives, continuing and expanding upon his recent national work with other institutions on such matters as accountability, learning outcomes transparency, and potential partnerships.

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