ITT Educational Services, Inc. Reports 2004 Second Quarter Results, New Student Enrollment Increased 18.4 Percent, Total Enrollment Increased 16.8 Percent

July 22, 2004

Total student enrollment as of June 30, 2004 increased 16.8 percent to 38,709 compared to 33,153 as of June 30, 2003. Those numbers and percentages exclude international enrollments and enrollments at two institutes that are gradually ceasing operations.

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