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National American University Holdings, Inc. Announces Appointment Of Venessa D. Green As Chief Financial Officer

National American University Holdings, Inc. (the “Company”) (NASDAQ: NAUH), which through its wholly owned subsidiary operates National American University (“NAU”), a regionally accredited, proprietary, multi-campus institution of higher learning, today announced that its Board of Directors has ratified the appointment of Ms. Venessa D. Green to the position of Chief Financial Officer, effective as of October 31, 2011.

Ms. Green has worked in various capacities at National American University since 2004, having most recently served as Chief Financial Officer since April 2010. Ms. Green began her career at NAU serving as its business manager/controller. In 2008, Ms. Green became vice president of finance at NAU and held that position until 2009, when she was named interim chief financial officer. Since 2006, Ms. Green has also served as an adjunct faculty member for NAU.

Ms. Green is a licensed certified public accountant in the state of South Dakota and has been a member of the American Institute of Certified Public Accountants since 2007 and a member of the South Dakota Certified Public Accountant Society since 2007. Ms. Green holds a bachelor’s degree from DeVry Institute of Technology and an MBA from NAU.

Ronald L. Shape, Ed.D., Chief Executive Officer of the Company, stated, “Venessa has been a dedicated member of our finance team for a number of years, and we are delighted to have her continue her contributions as a leader on this management team as the Company’s new Chief Financial Officer. Her wealth of knowledge, in-depth financial expertise, experience as NAU’s CFO, and hard work over the years on the Company’s behalf made her the best choice for the chief financial officer position at the parent company level. We all look forward to her service and leadership going forward.”

About National American University Holdings, Inc.

National American University Holdings, Inc., through its wholly owned subsidiary, operates National American University (“NAU”), a regionally accredited, proprietary, multi-campus institution of higher learning offering associate, bachelor’s, and master’s degree programs in health care and business-related disciplines. Accredited by The Higher Learning Commission and a member of the North Central Association of Colleges and Schools, NAU has been providing technical and professional career education since 1941. NAU opened its first campus in Rapid City, South Dakota, and has since grown to multiple locations throughout the central United States. In 1998, NAU began offering online courses. Today, NAU offers degree programs in traditional, online, and hybrid formats, which provides students increased flexibility to take courses at times and places convenient to their busy lifestyles.

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