Alan G. Spoon, managing general partner of Polaris Venture Partners, joins LRN board of directors

LOS ANGELES—May 30, 2006— LRN^®, a leading provider of legal, compliance, ethics management and corporate governance solutions, today announced the appointment of Alan G. Spoon, managing general partner for Polaris Venture Partners, to the LRN Board of Directors. Spoon brings his more than 20 years of operating, strategy and investment experience to the LRN board, which added former Senator Bill Bradley to its ranks late last year.

“I’ve already had the good fortune to come to know Alan’s broad expertise and sound judgment first hand. Because of his experiences as a chief executive, strategic investor and seasoned board member across different industries, Alan provides LRN with unique perspective and guidance,” said Dov Seidman, CEO and chairman of LRN. “We welcome Alan’s contribution to our efforts at inspiring and driving ethical, winning corporate cultures, and are already impressed with the substantial impact of his participation.”

“I am excited to join with LRN and its pioneering work in ethics and compliance education, governance and risk management, and most importantly, corporate culture. It is rare to find an organization with the potential to transform how business gets done on a global basis, one employee at a time. I look forward to working with Dov and the board as LRN embarks on its next stage in creating valuable solutions through new, innovative offerings that springboard off existing successes,” said Spoon.

Polaris has made an investment in LRN, the proceeds of which are being used to fund a voluntary repurchase program from long-time investors in the company. The Polaris partnership manages over $3 billion in assets.

“The meaningful investment from Polaris validates the progress we have made in building the LRN organization and its market-leading position,” said Seidman.

Before joining Polaris in 2000, Alan served as the president, chief operating officer and member of the board of directors of The Washington Post Company. During his 18 years there, he worked in a broad range of executive positions, including as president of Newsweek. He is an investor in and a director of a variety of private technology companies in digital media and e-commerce. He has valuable experience in distance learning and educational software (Kaplan). He presently serves on the boards of Danaher Corp., Getty Images and InterActive Corp. Earlier, Alan was an officer at The Boston Consulting Group, an international management consulting firm specializing in corporate strategy.

About Polaris Venture Partners