[The following memorandum was sent to Career Education Corporation’s (“CEC”) employees by Karen King, Vice President—Investor Relations of CEC, on or about May 12, 2006.]
![](https://capedge.com/proxy/DEFA14A/0001104659-06-034571/g113588bci001.jpg)
INTEROFFICE CORRESPONDENCE
Date: | May 12, 2006 |
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To: | Fellow CEC Employee Stockholders |
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From: | Karen King, Vice President—Investor Relations |
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Subject: | Mailing of Proxy Cards |
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As our 2006 CEC Annual Meeting of Stockholders approaches this Thursday, we have made additional arrangements for you to mail in your proxy cards, if you have not done so already. If your shares are held in a stock brokerage account or by a bank or other stockholder of record, you are considered the “beneficial owner” of shares held in street name, and you are encouraged to vote electronically (internet or telephone) according to the instructions on your voter instruction form.
Mailing arrangements for CEC Corporate Employee Stockholders
If you have not already mailed in your proxy card, we have arranged for special overnight shipments to our proxy firm. Simply return your proxy IN A SEALED ENVELOPE to Jan Wilson (ext. 2001) on the 5th floor. She sits directly across from Karen King in the southwest corner of the building.
Proxy cards must be turned in no later than 5 p.m. Tuesday evening for special shipping.
If you are an employee stockholder, but have still not received your WHITE proxy card or CEC’s proxy statement, you can obtain copies of these materials through Jan Wilson.
Mailing arrangements for CEC School Employee Stockholders
If you have not already mailed in your voter instruction form, we have arranged for special overnight shipments to our proxy firm. Simply return your voter instruction form IN A SEALED ENVELOPE to your President’s office. Your President’s office will then mail your voter instruction form to ADP at the following address:
ADP Proxy Services
Attn: Damian Rodriguez
Edgewood, New York 11717
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Voter instruction forms must be turned in no later than 5 p.m. Tuesday evening for special shipping.
If you are an employee stockholder, but have still not received your WHITE proxy card or CEC’s proxy statement, you can obtain copies of these materials free of charge through our proxy solicitor, Georgeson Shareholder, by calling 1-888- 206-5970 (toll free).
Voting on the day of the Annual Meeting
If you have not mailed your WHITE proxy card by Tuesday, May 16, and would still like to vote your proxy card on the day of the Annual Meeting, you have two options. You can either fax your proxy card to Automatic Data Processing (ADP) at 631-254-7693, or you can bring your proxy card to the Annual Meeting in person. There will be a registration table at the Annual Meeting where remaining proxy cards will be collected.
CEC Voting
On behalf of CEC’s Board of Directors, I ask that you please fill out and return the WHITE PROXY CARD. In doing so we ask that you please:
· Vote FOR all three of our Board’s nominees to our Board of Directors;
· Vote FOR the proposal to declassify our Board of Directors;
· Vote FOR the proposal to permit our stockholders to call special meetings of stockholders; and
· Vote FOR the ratification of the appointment of Ernst & Young LLP as our independent auditors.
Should you have any questions regarding your proxy, please do not hesitate to contact our proxy solicitor, Georgeson Shareholder, at 1-888-206-5970 (toll free). I also encourage you to read additional background on CEC’s proxy vote at www.careered.com, including CEC’s definitive proxy statement on Schedule 14A filed with the SEC on April 17, 2006.
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