Statements by K12 Inc. and William J. Bennett Regarding Bennett's Resignation from the K12 Board of Directors

Oct 03, 2005, 01:00 ET from K12 Inc.

    MCLEAN, Va., Oct. 3 /PRNewswire/ -- K12 Inc. today announced that William
 J. Bennett has resigned as an employee, and as Chairman and member of the
 company's Board of Directors, effective immediately.  K12 Inc. said the Board
 accepted his resignation, thanking him for his contributions to the company.
 K12 Inc. said that it has no relationship with, or involvement in, Dr.
 Bennett's radio program.  The opinions expressed by Dr. Bennett on his radio
 program are his and his alone.
     Dr. Bennett, in a separate statement said: "I am in the midst of a
 political battle based on a coordinated campaign willfully distorting my
 views, my record, and my statements. Given the controversy surrounding the
 remarks I made on my radio show, I am stepping down from my positions at K12,
 so that neither the mission of the company, nor its children, are affected,
 distracted, or harmed in any way."
     About K12 Inc.
     K12 Inc., an education company based in McLean, VA, is a leading provider
 of high quality curricula and learning programs.  K12 has created a nationally
 acclaimed learning program which includes thousands of lessons in traditional
 subjects, academic assessments, and planning and progress tools delivered
 through the innovative and powerful K12 Online School.  The learning program
 also incorporates many traditional learning materials including books,
 workbooks, classical stories, K12 PhonicsWorks tile system, math and science
 supplies, maps, art books and tools, instruments, music CDs, and much more.
     The K12 curriculum and learning program was developed by a team of
 education experts using extensive research to identify the best learning
 methods and materials.
     More than 20,000 students nationwide are currently using the K12 learning
 program in a variety of learning environments, including traditional public
 school classrooms, virtual (online) public schools, and homeschools.  More
 information on K12 can be found at