American Public Education Inc.

Charles Town, WV


Exchange and Ticker: Nasdaq: APEI

Filing Range: 4.69M shares @ $15.00 to $17.00

Offering Price: $20.00

Close on First Day: $33.46

Offering Size: $94.00M

Shares Outstanding: 17,048,772

Underwriters: William Blair & Co.

CoManager: Piper Jaffray Cos./ Stifel Nicolaus & Co. Inc./ ThinkEquity Partners/ BMO CapitalMarkets/ Signal Hill Capital Group LLC

Company Counsel: Hogan & Hartson

Manager Counsel: Sidley Austin LLP

Auditor: McGladrey & Pullen LLP

Market Capitalization on 11/30/07: $721.33M

Close price at current month end: $42.31


Operates a non-traditional, distance education system via the Internet. American Public University System is a learning community of faculty, students, staff and graduates aligned in three private, degree-granting member institutions: American Public University, AmericanMilitary University and American Community College.


ABS Capital Partners, Camden Partners Inc.

Source: Thomson Financial