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LRN announces multiyear agreement with Anadarko Petroleum to provide legal, compliance and ethics education

LOS ANGELES, CA—April 8, 2005—LRN® , the provider of online legal, compliance and ethics education and corporate governance services, announced today that it has reached a multiyear agreement with Anadarko Petroleum Corporation (NYSE: APC), one of the world's largest independent oil and gas exploration and production companies, to provide the Anadarko workforce with a an updated legal and ethics awareness education program through the LRN Legal Compliance and Ethics Center™ (LCEC®).

Anadarko, a FORTUNE® 500 company, joins a community of global leaders including Disney, Dow Chemical, DuPont, Pfizer, Procter & Gamble, Raytheon and a growing number of the Global 1000 who have embraced the flagship LRN enterprise-wide education, communication and culture-reinforcing solution. LRN will provide Anadarko with a diverse curriculum from the LCEC education and communication system, including a custom online course created from the company's Code of Business Conduct & Ethics. The agreement has an initial term of three years.

"Anadarko insists all employees understand and internalize the core values that underpin everything the company does," commented Dov Seidman , Chairman and CEO of LRN. "We look forward to helping reinforce Anadarko's culture of high ethical standards through education on crucial legal, compliance and ethical issues employees inevitably encounter in the course of their day-to-day responsibilities."

The LRN Legal Compliance and Ethics Center enables employees to wrestle with ethical dilemmas they can encounter on the job, and helps them learn how to identify, evaluate and resolve legal and compliance risks. Employees become practiced "ethical athletes" adept at navigating the gray areas that inevitably arise in the course of business. Over time, better decisions, more appropriate actions and higher standards of employee conduct and integrity help reinforce corporate reputation. All coursework is developed, hosted and updated by LRN, streamlining program implementation and administration. LRN also has a world-class professional services team of Knowledge Service Account Executives with extensive backgrounds and experience to assure successful program implementation and ongoing success. LRN maintains a vibrant community of customers to keep companies abreast of emerging developments, and share ongoing cross-industry best practices in ethics, compliance, and corporate governance.

About Anadarko
Anadarko Petroleum Corporation's mission is to deliver a competitive and sustainable rate of return to shareholders by developing, acquiring and exploring for oil and gas resources vital to the world's health and welfare. As of year-end 2004, the company had 2.37 billion barrels of oil equivalent of proved reserves, making it one of the world's largest independent exploration and production companies. Anadarko's operational focus extends from the deepwater Gulf of Mexico, up through Texas , Louisiana , the Mid-Continent, western U.S. and Canadian Rockies and onto the North Slope of Alaska. Anadarko also has significant production in Algeria , Venezuela and Qatar , and exploration or production positions in several other countries. For more information about how Anadarko is bringing excellence to the surface, please visit: www.anadarko.com.

 

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