ETS Announces New Launch Schedule for the Revised GRE(R) General Test

Market Wire, February, 2006

With the endorsement of the Graduate Record Examinations Board, ETS will launch the revised Graduate Record Examinations® (GRE®) General Test in the fall of 2007, company officials announced today.

The revised exam was originally scheduled to launch in October 2006. However, the GRE Board believes that the delay will better serve test takers and graduate institutions as ETS transitions from the current computer- and paper-based forms of the test to the new Internet-based (iBT) version.

"The higher education and graduate communities are excited about the revised GRE," explains Mari Pearlman, Senior Vice President of ETS's Higher Education Division. "They worked with us to create this revised test, and they are looking forward to using it. The new launch schedule will enable us to complete the expansion of our Internet-based testing operations worldwide."

Until the revised General Test is launched, ETS will continue to deliver the GRE General Test using the current network of secure, proctored test centers. Pearlman notes that the graduate community has relied on the General Test for 57 years and that ETS is committed to continuing to deliver valid and reliable scores with both the current and revised General Test.

Test development, design and field-testing will continue for the new GRE test. The new iBT delivery platform is already being used to deliver the innovative new Test of English as a Foreign Language(TM) (TOEFL®) exam worldwide. ETS plans to improve student access to its tests by adding thousands of testing sites worldwide in the next two years.

ABOUT ETS

ETS is a nonprofit institution with the mission to advance quality and equity in education by providing fair and valid assessments, research and related services for all people worldwide. In serving individuals, educational institutions and government agencies around the world, ETS customizes solutions to meet the need for teacher professional development products and services, classroom and end-of-course assessments, and research-based teaching and learning tools. Founded in 1947, ETS today develops, administers and scores more than 24 million tests annually in more than 180 countries, at over 9,000 locations worldwide. Additional information is available at www.ets.org.

Contact: Tom Ewing (609) 683-2803 Email Contact