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<div class=Section1>

<p class=MsoNormal style='text-align:justify;line-height:150%'><font size=2
face=Arial><span style='font-size:10.0pt;line-height:150%;font-family:Arial'>Dear
Carla,<o:p></o:p></span></font></p>

<p class=MsoNormal style='text-align:justify;line-height:150%'><b><font size=2
face=Arial><span style='font-size:10.0pt;line-height:150%;font-family:Arial;
font-weight:bold'><o:p>&nbsp;</o:p></span></font></b></p>

<p class=MsoNormal style='line-height:150%'><font size=2 color=black
face=Arial><span style='font-size:10.0pt;line-height:150%;font-family:Arial;
color:black'>As part of our commitment to providing the highest quality test
preparation in the industry, and to ensuring that students are up to date with
the latest GRE information, we&#8217;d like to provide </span></font><font
size=2 face=Arial><span style='font-size:10.0pt;line-height:150%;font-family:
Arial'>Psi Chi<font color=black><span style='color:black'> with the following
information about the GRE exam, what students have been seeing on test day, and
the latest updates to our GRE preparation programs.&nbsp; Please feel free to
contact me at any time with questions about this information.<o:p></o:p></span></font></span></font></p>

<p class=MsoNormal style='text-align:justify;line-height:150%'><font size=2
face=Arial><span style='font-size:10.0pt;line-height:150%;font-family:Arial'><o:p>&nbsp;</o:p></span></font></p>

<p class=MsoNormal style='text-align:justify;line-height:150%'><b><font size=2
face=Arial><span style='font-size:10.0pt;line-height:150%;font-family:Arial;
font-weight:bold'>What changes were introduced into the GRE exam recently?<o:p></o:p></span></font></b></p>

<ul style='margin-top:0in' type=disc>
 <li class=MsoNormal style='text-align:justify;line-height:150%;mso-list:l2 level1 lfo1'><b><font
     size=2 face=Arial><span style='font-size:10.0pt;line-height:150%;
     font-family:Arial;font-weight:bold'>New question types added this past
     fall:</span></font></b><font size=2 face=Arial><span style='font-size:
     10.0pt;line-height:150%;font-family:Arial'>&nbsp; Two new question types
     were introduced to the GRE exam beginning in Nov 2007, <b><span
     style='font-weight:bold'>Numeric Entry</span></b> and <b><span
     style='font-weight:bold'>Text Completion</span></b>.&nbsp; At the present
     time, the inclusion of these questions is limited, with test-takers only
     seeing one, or possibly none, of these un-scored question types, but ETS
     has said that as soon as they have sufficient data they will begin to
     score these question types, and they have advised that students treat the
     questions as if they are scored.&nbsp;&nbsp;&nbsp; <o:p></o:p></span></font></li>
</ul>

<p class=MsoNormal style='text-align:justify;line-height:150%'><font size=2
face=Arial><span style='font-size:10.0pt;line-height:150%;font-family:Arial'><o:p>&nbsp;</o:p></span></font></p>

<p class=MsoNormal style='margin-left:.5in;text-align:justify;line-height:150%'><font
size=2 face=Arial><span style='font-size:10.0pt;line-height:150%;font-family:
Arial'>It is important that students are familiar with these new question
types, as many will find these to be more challenging than other GRE question
types.&nbsp; Please see <b><span style='font-weight:bold'><a
href="http://www.kaptest.com/newgre">www.kaptest.com/newgre</a></span></b> for
examples of the question types with explanations.&nbsp; <o:p></o:p></span></font></p>

<p class=MsoNormal style='text-align:justify;line-height:150%'><font size=2
face=Arial><span style='font-size:10.0pt;line-height:150%;font-family:Arial'><o:p>&nbsp;</o:p></span></font></p>

<ul style='margin-top:0in' type=disc>
 <li class=MsoNormal style='color:black;line-height:150%;mso-list:l0 level1 lfo2'><b><font
     size=2 color=black face=Arial><span style='font-size:10.0pt;line-height:
     150%;font-family:Arial;font-weight:bold'>Increased frequency of 3 <st1:place
     w:st="on"><st1:City w:st="on">Reading</st1:City></st1:place> Comp
     passages: </span></font></b><font size=2 color=black face=Arial><span
     style='font-size:10.0pt;line-height:150%;font-family:Arial;color:windowtext'>Many
     GRE test-takers over the past six months have been reporting seeing 3
     Reading Comp passages on Test Day, where previously most students only saw
     2 passages.&nbsp; </span></font><b><font size=2 face=Arial><span
     style='font-size:10.0pt;line-height:150%;font-family:Arial;font-weight:
     bold'><o:p></o:p></span></font></b></li>
</ul>

<p class=MsoNormal style='margin-left:.25in;line-height:150%'><b><font size=2
color=black face=Arial><span style='font-size:10.0pt;line-height:150%;
font-family:Arial;color:black;font-weight:bold'><o:p>&nbsp;</o:p></span></font></b></p>

<ul style='margin-top:0in' type=disc>
 <li class=MsoNormal style='color:black;line-height:150%;mso-list:l0 level1 lfo2'><b><font
     size=2 color=black face=Arial><span style='font-size:10.0pt;line-height:
     150%;font-family:Arial;font-weight:bold'>Experimental Analytical Writing
     Section: </span></font></b><font size=2 face=Arial><span style='font-size:
     10.0pt;line-height:150%;font-family:Arial'>I</span></font><font size=2
     color=black face=Arial><span style='font-size:10.0pt;line-height:150%;
     font-family:Arial;color:windowtext'>n recent months GRE test-takers have
     been reporting an increasing incidence of their experimental or un-scored
     section of the test being in the form of an essay/analytical writing
     section.&nbsp; &nbsp;In order to be fully prepared for the challenge of
     test day, prospective test-takers should be ready to face any type of
     experimental section, including Analytical Writing. </span></font><b><font
     size=2 face=Arial><span style='font-size:10.0pt;line-height:150%;
     font-family:Arial;font-weight:bold'><o:p></o:p></span></font></b></li>
</ul>

<p class=MsoNormal style='margin-left:.25in;line-height:150%'><b><font size=2
color=black face=Arial><span style='font-size:10.0pt;line-height:150%;
font-family:Arial;color:black;font-weight:bold'><o:p>&nbsp;</o:p></span></font></b></p>

<ul style='margin-top:0in' type=disc>
 <li class=MsoNormal style='color:black;line-height:150%;mso-list:l0 level1 lfo2'><b><font
     size=2 color=black face=Arial><span style='font-size:10.0pt;line-height:
     150%;font-family:Arial;color:windowtext;font-weight:bold'>Updated
     formatting of Reading Comp questions: </span></font></b><font size=2
     color=black face=Arial><span style='font-size:10.0pt;line-height:150%;
     font-family:Arial;color:windowtext'>In January 2008, ETS began</span></font><font
     size=2 face=Arial><span style='font-size:10.0pt;line-height:150%;
     font-family:Arial'> implementing a minor formatting change to Reading
     Comprehension passages</span></font><font size=2 color=black face=Arial><span
     style='font-size:10.0pt;line-height:150%;font-family:Arial;color:windowtext'>.
     </span></font><font size=2 face=Arial><span lang=EN style='font-size:10.0pt;
     line-height:150%;font-family:Arial'>Currently, passages accompanying
     Reading Comprehension questions contain line numbers that reference
     specific parts of the passages. Those line numbers will be gradually
     replaced with highlighting when necessary in order to focus the test taker
     on specific information in the passage.&nbsp; Please note that this is a
     minor change, which only some students will encounter initially, but is
     indicative of more changes to come. </span></font><font size=2 face=Arial><span
     style='font-size:10.0pt;line-height:150%;font-family:Arial'><o:p></o:p></span></font></li>
</ul>

<p class=MsoNormal style='line-height:150%'><font size=2 color=black
face=Arial><span style='font-size:10.0pt;line-height:150%;font-family:Arial;
color:black'><o:p>&nbsp;</o:p></span></font></p>

<p class=MsoNormal style='line-height:150%'><b><font size=2 color=black
face=Arial><span style='font-size:10.0pt;line-height:150%;font-family:Arial;
color:black;font-weight:bold'>What do these changes mean for students?</span></font></b><font
size=2 color=black face=Arial><span style='font-size:10.0pt;line-height:150%;
font-family:Arial;color:black'><o:p></o:p></span></font></p>

<p class=MsoNormal style='line-height:150%'><font size=2 color=black
face=Arial><span style='font-size:10.0pt;line-height:150%;font-family:Arial;
color:black'>The trends and minor changes are indicators that the ETS is
actively working to make more thorough changes to the GRE.&nbsp; These changes,
such as the addition of two new question types in November, will make the GRE
more challenging for many students. We recommend that students sign up for test
dates now and take the GRE before ETS begins scoring the new question types,
and before they introduce additional question types and format changes.&nbsp; <o:p></o:p></span></font></p>

<p class=MsoNormal style='line-height:150%'><font size=2 color=black
face=Arial><span style='font-size:10.0pt;line-height:150%;font-family:Arial;
color:black'><o:p>&nbsp;</o:p></span></font></p>

<p class=MsoNormal style='text-align:justify;line-height:150%'><b><font size=2
face=Arial><span style='font-size:10.0pt;line-height:150%;font-family:Arial;
font-weight:bold'>When should students take the GRE exam?<o:p></o:p></span></font></b></p>

<p class=MsoNormal style='text-align:justify;line-height:150%'><font size=2
face=Arial><span style='font-size:10.0pt;line-height:150%;font-family:Arial'>Beyond
these updates, ETS has continued to state that additional changes are planned
for the GRE exam in the coming 1-2 years, with the details yet to be
determined.&nbsp; Overall it is in students&#8217; best interest to take the
exam sooner rather than later, so that they will not be faced with continued
uncertainty and/or more difficult question types.&nbsp; GRE scores are valid
for 5 years, so even if students are considering applying to grad school in the
coming years, they can still prep for the exam and take it now, and have it out
of the way by the time they are ready to apply.&nbsp; Most students prepare for
2-3 months for the GRE exam, so it&#8217;s important for students to lay out a
study schedule in advance and work towards a specified target test date.&nbsp; <o:p></o:p></span></font></p>

<p class=MsoNormal style='line-height:150%'><font size=2 color=black
face=Arial><span style='font-size:10.0pt;line-height:150%;font-family:Arial;
color:black'><o:p>&nbsp;</o:p></span></font></p>

<p class=MsoNormal style='line-height:150%'><b><font size=2 color=black
face=Arial><span style='font-size:10.0pt;line-height:150%;font-family:Arial;
color:black;font-weight:bold'>How has Kaplan updated its GRE courses?<o:p></o:p></span></font></b></p>

<p class=MsoNormal style='line-height:150%'><font size=2 color=black
face=Arial><span style='font-size:10.0pt;line-height:150%;font-family:Arial;
color:black'>Kaplan&#8217;s GRE preparation programs will continue to provide
the most realistic practice for the GRE exams, and our courses and strategies
prepare students for any of the question types they will see on test day,
including these new question types.&nbsp; In March 2008 we re-vamped our GRE
prep curriculum, as we do on an annual basis, to reflect these changes that
students have been seeing on test day.&nbsp; We also </span></font><font
size=2 face=Arial><span style='font-size:10.0pt;line-height:150%;font-family:
Arial'>enhanced our course materials to provide a more comprehensive and
streamlined classroom course experience, primarily addressing improvements to
the Analytical Writing lessons and the addition of more advanced materials for
our most competitive students.<font color=black><span style='color:black'><o:p></o:p></span></font></span></font></p>

<p class=MsoNormal style='line-height:150%'><font size=3 face=Arial><span
style='font-size:12.0pt;line-height:150%;font-family:Arial'><o:p>&nbsp;</o:p></span></font></p>

<p class=MsoNormal style='line-height:150%'><b><font size=2 color=black
face=Arial><span style='font-size:10.0pt;line-height:150%;font-family:Arial;
color:black;font-weight:bold'>Kaplan GRE Course Improvements:<o:p></o:p></span></font></b></p>

<ul style='margin-top:0in' type=disc>
 <li class=MsoNormal style='color:black;line-height:150%;mso-list:l0 level1 lfo2'><b><font
     size=2 color=black face=Arial><span style='font-size:10.0pt;line-height:
     150%;font-family:Arial;color:windowtext;font-weight:bold'>New Target 800
     Workshops and Quizzes</span></font></b><font size=2 color=black
     face=Arial><span style='font-size:10.0pt;line-height:150%;font-family:
     Arial;color:windowtext'> for Math and Verbal provide review of the most
     advanced topics which appear on the GRE.</span></font><font size=2
     face=Arial><span style='font-size:10.0pt;line-height:150%;font-family:
     Arial'><o:p></o:p></span></font></li>
 <li class=MsoNormal style='color:black;line-height:150%;mso-list:l0 level1 lfo2'><b><font
     size=2 color=black face=Arial><span style='font-size:10.0pt;line-height:
     150%;font-family:Arial;color:windowtext;font-weight:bold'>Expanded and
     enhanced Analytical Writing lessons </span></font></b><font size=2
     color=black face=Arial><span style='font-size:10.0pt;line-height:150%;
     font-family:Arial;color:windowtext'>thoroughly cover all of the elements
     of writing successful essays, including sample essays and a grading rubric
     for assessing essays. </span></font><font size=2 face=Arial><span
     style='font-size:10.0pt;line-height:150%;font-family:Arial'><o:p></o:p></span></font></li>
</ul>

<ul style='margin-top:0in' type=disc>
 <li class=MsoNormal style='line-height:150%;mso-list:l1 level1 lfo3'><b><font
     size=2 face=Arial><span style='font-size:10.0pt;line-height:150%;
     font-family:Arial;font-weight:bold'>New in-class lessons addressing the
     new GRE question types </span></font></b><font size=2 face=Arial><span
     style='font-size:10.0pt;line-height:150%;font-family:Arial'>prepare our
     students for <b><span style='font-weight:bold'>all</span></b> <b><span
     style='font-weight:bold'>question types</span></b> on the GRE.<o:p></o:p></span></font></li>
</ul>

<ul style='margin-top:0in' type=disc>
 <li class=MsoNormal style='line-height:150%;mso-list:l3 level1 lfo4'><b><font
     size=2 face=Arial><span style='font-size:10.0pt;line-height:150%;
     font-family:Arial;font-weight:bold'>New in-class lesson on
     Permutations/Combinations </span></font></b><font size=2 face=Arial><span
     style='font-size:10.0pt;line-height:150%;font-family:Arial'>offers more
     advanced math review.<o:p></o:p></span></font></li>
</ul>

<ul style='margin-top:0in' type=disc>
 <li class=MsoNormal style='color:black;line-height:150%;mso-list:l0 level1 lfo2'><b><font
     size=2 color=black face=Arial><span style='font-size:10.0pt;line-height:
     150%;font-family:Arial;color:windowtext;font-weight:bold'>More</span></font></b><font
     size=2 color=black face=Arial><span style='font-size:10.0pt;line-height:
     150%;font-family:Arial;color:windowtext'> <b><span style='font-weight:
     bold'>Vocabulary drills </span></b>provide further vocabulary building practice.</span></font><font
     size=2 face=Arial><span style='font-size:10.0pt;line-height:150%;
     font-family:Arial'><o:p></o:p></span></font></li>
</ul>

<p class=MsoNormal style='line-height:150%'><font size=2 color=black
face=Arial><span style='font-size:10.0pt;line-height:150%;font-family:Arial;
color:black'><o:p>&nbsp;</o:p></span></font></p>

<p class=MsoNormal style='line-height:150%'><font size=2 color=black
face=Arial><span style='font-size:10.0pt;line-height:150%;font-family:Arial;
color:black'>For any students interested in taking a free practice test, they
can do so on online on our website, or at a Kaplan center or on-campus event,
by registering at <a href="http://www.kaptest.com/practice">www.kaptest.com/practice</a>.&nbsp;
<o:p></o:p></span></font></p>

<p class=MsoNormal style='line-height:150%'><b><font size=2 color=black
face=Arial><span style='font-size:10.0pt;line-height:150%;font-family:Arial;
color:black;font-weight:bold'><o:p>&nbsp;</o:p></span></font></b></p>

<p class=MsoNormal style='line-height:150%'><b><font size=2 color=black
face=Arial><span style='font-size:10.0pt;line-height:150%;font-family:Arial;
color:black;font-weight:bold'>Please forward this information to your students
who are interested in applying to graduate school in the future.</span></font></b><font
size=2 color=black face=Arial><span style='font-size:10.0pt;line-height:150%;
font-family:Arial;color:black'>&nbsp;&nbsp; We will continue to keep you
updated on information that will be helpful to you and your students regarding
the grad school application process. <o:p></o:p></span></font></p>

<p class=MsoNormal style='line-height:150%'><font size=2 color=black
face=Arial><span style='font-size:10.0pt;line-height:150%;font-family:Arial;
color:black'><o:p>&nbsp;</o:p></span></font></p>

<p class=MsoNormal style='line-height:150%'><font size=2 color=black
face=Arial><span style='font-size:10.0pt;line-height:150%;font-family:Arial;
color:black'>Sincerely,<o:p></o:p></span></font></p>

<p class=MsoNormal><b><font size=2 color=navy face=Arial><span
style='font-size:10.0pt;font-family:Arial;color:navy;font-weight:bold'>Parker
Fox</span></font><o:p></o:p></b></p>

<p class=MsoNormal><b><font size=2 color=navy face=Arial><span
style='font-size:10.0pt;font-family:Arial;color:navy;font-weight:bold'>Kaplan
Test Prep and Admissions, <st1:place w:st="on"><st1:City w:st="on">Santa
  Barbara</st1:City></st1:place></span></font><o:p></o:p></b></p>

<p class=MsoNormal><b><font size=2 color=navy face=Arial><span
style='font-size:10.0pt;font-family:Arial;color:navy;font-weight:bold'>Marketing
Manager</span></font><o:p></o:p></b></p>

<p class=MsoNormal><b><font size=2 color=navy face=Arial><span
style='font-size:10.0pt;font-family:Arial;color:navy;font-weight:bold'>p:
805.685.5767&nbsp; |&nbsp;&nbsp;f:&nbsp;805.685.4350&nbsp; </span></font><o:p></o:p></b></p>

<p class=MsoNormal style='text-align:justify;line-height:150%'><font size=2
face=Arial><span style='font-size:10.0pt;line-height:150%;font-family:Arial'><o:p>&nbsp;</o:p></span></font></p>

<p class=MsoNormal><font size=2 face=Arial><span style='font-size:10.0pt;
font-family:Arial'><o:p>&nbsp;</o:p></span></font></p>

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