McGraw-Hill Higher Education and eCollege(SM) Announce Agreement

January 9, 2003

McGraw-Hill Content Available Through eCollege AU+(SM) Platform

New York and Denver – January 8, 2002 – McGraw-Hill Higher Education, a global leading provider of educational materials and professional information targeted at the higher education market, has entered into an agreement with eCollege(SM) [Nasdaq: ECLG], a leading provider of technology and services for online higher education programs. Under the agreement, online supplements supporting McGraw-Hill titles are now available to eCollege customers through the eCollege AU+(SM) platform, giving faculty access to a broad range of content to help in building online courses, as well enhancing existing online courses.

“This agreement reflects our ongoing mission to provide technical solutions to enhance learning and teaching,” said Ed Stanford, president of McGraw-Hill Higher Education. “We are pleased to work with eCollege as we expand the distribution of our content through its proven online platform, which is recognized in the industry for its high levels of reliability, customization and accessibility.”

Through the eCollege AU+ platform, educators have access to more than 200 online supplements that support McGraw-Hill titles for use in online distance courses or as online course supplements for traditional classroom courses. eCollege AU+, which combines superior content with proven technology, also provides solutions for customizing and enhancing course materials in existing eLearning programs and the timely delivery of online content for programs under development.

“As one of the largest publishers in the industry, McGraw-Hill has been actively involved with eLearning, and therefore truly understands the needs of our customers,” said Oakleigh Thorne, chairman and CEO of eCollege. “This agreement builds on our continued commitment to providing faculty with the resources they need to easily deliver powerful online courses.”

This agreement is one of many technical solutions offered by McGraw-Hill Higher Education. Others include: Pageout®, McGraw-Hill’s custom course website development tool; GradeSummitä, a diagnostic exam preparation tool; and ALEKSÒ, a web-based artificial intelligence tutor that customizes learning to individual needs. Additional information is available at http://www.mhhe.com. For more information regarding online degree and professional development programs powered by eCollege, please visit www.eCollege.com.

About McGraw-Hill Higher Education

McGraw-Hill Higher Education, a unit of McGraw-Hill Education, is a leading provider of learning solutions in electronic and print formats. McGraw-Hill Education is a division of The McGraw-Hill Companies, a global information services provider meeting worldwide needs in financial services, education and business-to-business information through leading brands such as Standard & Poor’s and BusinessWeek. Founded in 1888, the Corporation has more than 300 offices in 32 countries. Sales in 2000 were $4.3 billion. Additional information is available at http://www.mcgraw-hill.com.

About eCollege

eCollege [Nasdaq: ECLG] is a leading eLearning technology and services provider to educational markets. The Company designs, builds and supports some of the most successful, fully online degree, certificate/diploma and professional development programs in the country. eCollege’s customers include publicly-traded for-profit institutions, community colleges, public and private universities, school districts, and state departments of education. The Company was founded in 1996 and is headquartered in Denver. For more information, visit www.eCollege.com.

eCollege and eCollege AU+ are service marks of eCollege. All other trademarks and service marks or registered trademarks or service marks are the property of their respective owners.