Apollo Education Group, Inc. (NASDAQ: APOL) announced today that it will report its fiscal 2016 second quarter results after market on Wednesday, April 6, 2016.

On February 7, 2016, the Company entered into a merger agreement with AP VIII Queso Holdings, L.P., an affiliate of Apollo Management VIII, L.P., which is a fund managed by an affiliate of Apollo Global Management, LLC, none of which is affiliated with the Company. At the effective time of the merger, which is expected to be completed by the end of the calendar year 2016, each share of the Company's issued and outstanding Class A and Class B common stock will be converted into the right to receive $9.50 per share in cash. Consummation of the merger is subject to the approval of the holders of a majority of the Company's outstanding Class A and Class B common stock, each voting as separate classes, as well as various regulatory approvals and other conditions. For more information, see the Company's definitive proxy statement filed with the Securities and Exchange Commission on March 23, 2016, available on the SEC's website, www.sec.gov, and Apollo Education Group website, www.apollo.edu/transaction.

In light of the pending merger, the Company will not be hosting an investor conference call following the issuance of its fiscal 2016 second quarter earnings press release.

About Apollo Education Group, Inc.

Apollo Education Group, Inc. is one of the world's largest private education providers, serving students since 1973. Through its subsidiaries, Apollo Education Group offers undergraduate, graduate, professional development and other nondegree educational programs and services, online and on-campus principally to working learners. Its educational programs and services are offered throughout the United States and in Europe, Australia, Latin America, Africa and Asia, as well as online throughout the world.

For more information about Apollo Education Group, Inc. and its subsidiaries, call (800) 990-APOL or visit the Company's website at www.apollo.edu.

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