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4 FACTSHEET Press Release Contact person: Address: Contact details: Ms. Sabine Kaiser Marketing Director Laureate Hospitality Education Rue du Lac 118 CH-1815 Clarens Switzerland Tel: +41(0)21 989 26 71 - Fax: +41 (0)21 989 26 01 E-mail: sabine.kaiser@laureate.ch Website: www.glion.edu I ABOUT GLION INSTITUTE OF HIGHER EDUCATION Glion Institute of Higher Education is a private Swiss Institution active in education in the field of Hospitality, Tourism, Event, Sports and Entertainment Management, and offers various undergraduate, graduate and post graduate programs up to three and a half years of study. Located on two different campuses, one in Glion above the famous resort of Montreux on the shores of Lake Geneva, and one in Bulle in the heart of the Gruyère region famous for its culinary specialties GIHE has the unique advantage of offering to its international student body, an ideal, safe an multi cultural educational environment. II HISTORY 1962 Founding of the Hotel School Institut International de Glion. 1977 Name changed to Centre International de Glion (CIG). 1985 Founding member of the Swiss Hotel Schools Association (ASEH) 1989 Opening of the Glion Management Centre in Bulle (known today as Glion Institute of Higher Education, Bulle Campus). 1993 Signing of the 1 st franchise agreement with the European Centre for Tourism Studies Corfu in Greece. 1995 Change of ownership. Mr Jan Huygen, a Glion Alumni was named Chairman and CEO. 2000 Start of the Master s program and launch of the new Bachelor degree programs. 2001 Accreditation by NEASC (New England Association of Schools and Colleges) USA. 2001 Creation of the Event, Sport and Entertainment program. 2002 Name changed to Glion Institute of Higher Education. 2002 Change of ownership to Laureate Hospitality Education, a division of Laureate Education Inc. Based in Baltimore (USA), Laureate manages 26 universities in 17 countries and includes some 300'000 students. It is the largest network of international universities in the world. 2006 University level of accreditation: GIHE transited from the Commission on Technical & Career Institutions to the Commission of Institutions of Higher Education from the New England Association of Schools and Colleges (NEASC) in the USA. GIHE Factsheet March 2010 1

III KEY PERSONNEL GIHE Management Mr. Christian Beek Dr. Debbie Prince Mr. Peter Cross Directeur Général / CEO Glion Institute of Higher Education Director of Academic Affairs Glion Institute of Higher Education Student Affairs Director Glion Institute of Higher Education Academic Administration Mr. Christian Daujat Mr. Julian Hoseason Dr. Lyn Glanz Mr. Michael Hoy Academic Dean Glion Campus Glion Hotel School Academic Dean Bulle Campus Glion Hotel School Dean of Glion Graduate School Dean Glion Leisure Management School IV MISSION The Glion Institute of Higher Education offers management-focused programs for the hospitality and other service industries. With an emphasis on both didactic and craft-based learning, GIHE is European in its outlook, Swiss in its work ethos, American in its educational approach and multi-national in its student body. All programs emphasize the development of generic thinking skills, the understanding of contemporary management theory, and the integration of theory and practice. The Glion Spirit and GIHE s academic programs prepare for rapid progress to international managerial positions. V ACADEMIC PROGRAMS As GIHE is accredited by the New England Association of Schools and Colleges, the following academic programs are based on the American University system. Intakes are every January and August. Please note that the prices below include tuition, accommodation, full board and are valid for July / August 2009 and January / February 2010 intakes. Hospitality Programs Program 1 Title Bachelor of Business Administration (BBA) in Hospitality Management or Bachelor of Arts in Hospitality and Tourism Management or Bachelor of Arts in Hospitality and Human Resources or Bachelor of Arts in Hospitality Finance and Revenue Management or Bachelor of Arts in Hospitality Marketing or Bachelor of Arts in Hospitality and Event Management or Bachelor of Arts in Hospitality and Environmental Management Duration 3 ½ years 7 semesters Internship 2 x six-months in the industry Languages Possibility to follow the program in French up to semester 4 Cost CHF 174,655.- GIHE Factsheet March 2010 2

Title Associate Degree, Hospitality Administration Duration 2 years 4 semesters Internship 1 x six-month in the industry. Languages English / French Cost CHF 102,880.- Title Diploma in Hotel and Restaurant Operations Duration 1 ½ year or 3 semesters Internship 1 x six-month practical training period in industry Cost CHF 63,025.- Program 2 Title Post Graduate Diploma in Hospitality Administration Duration 2 semesters Internship 1 x six-month practical training period in industry Cost CHF 55 025.- Title Post Graduate Higher Diploma in Hospitality Management Duration 2 years 4 semesters Internship 1 x six-month in the industry. Cost CHF 82,660.- Program 3 Title Master of Education in Hospitality Organizational Training Management (starts in July each year at the Bulle campus) Duration 1 year including an intensive 7 week residential course at GIHE Assistantship 2 x 20 week Assistantship Cost CHF 49,500.- (July 2010 price as only one intake per year) Program 4 Title Master of Business Administration in International Hospitality Management with Services Industries Leadership (starts in July each year at the Bulle campus & On-line 5 times/year) or Master of Business Administration in International Hospitality Management with Service Industries Marketing (starts in July each year at the Bulle campus & On-line 5 times/year) Duration 1 year including 2 taught semesters. Cost CHF 68,500.- (July 2010 price as only one intake per year) GIHE Factsheet March 2010 3

Event, Sports & Entertainment Programs Program 1 Title Bachelor of Business Administration in Event, Sport & Entertainment Management Bachelor of Arts in Event Management or Bachelor of Arts in Entertainment Management or Bachelor of Arts in Sport and Entertainment Marketing or Bachelor of Arts in Sport and Entertainment Facility Management Duration 3 ½ years 7 semesters Internship 2 x three to six-months in the industry. Cost CHF 175,665.- Title Associate Degree Event, Sport and Entertainment Administration Duration Two years 4 semesters Internship 1 x three to six months in the industry. Cost CHF 104,060.- Program 2 Title Post Graduate Diploma in Event, Sport and Entertainment Administration Duration 3 semesters Internship 1 x three to six months in the industry. Cost CHF 55,025.- Title Post Graduate Higher Diploma in Event, Sport and Entertainment Management Duration 2 years - 4 semesters Internship 1 x three to six months in the industry. Cost CHF 82,660.- Program 3 Title Compete and study program (for athletes) Duration variable depending on the person s needs and time available (see Associate / Bachelor Degree) All inclusive The fees include such services as tuition, full board, accommodation, accident insurance, leisure and sports facilities and activities, laundry and ironing of professional clothing, administration costs, taxes, administration charges for visa and work permit, membership of the Glion Alumni Association after graduation, professional orientation program and advice, etc. GIHE Factsheet March 2010 4

VI ABOUT THE CAMPUSES Campus location Bulle French part Gruyère Region Canton of Fribourg (around 1 1 ½ hours drive from Geneva airport and 3 hours drive from Zurich airport). Glion French part Above Montreux by the Lac Léman (Geneva Lake) Canton of Vaud (around 1 hour s drive from Geneva airport and 3 3 ½ hours drive from Zurich airport). Campus facilities Both campuses facilities are purpose built. They include: 33 Classrooms 2 Computer labs 7 Study rooms Kitchen demonstration class 2 Libraries Internet access Self Service restaurants Dinning rooms Brasserie style restaurants Bars TV lounges On-site sports facilities (Glion) + access to sports centers ( Bulle) Laundry facilities VII ABOUT STUDENTS AND FACULTY Students nationalities Over 90 nationalities and 45 different speaking languages on the two campuses. It is our policy to keep a good mix and balance between the various nationalities and continents without privileging one over the others. Age range of students From 17 up to 39 years old Faculty There are more than 85 faculty members including full and part time equivalent lecturers as well as professionals who come to enhance the students program as visiting lecturers. Faculty members all have academic credentials and often extensive professional experience relevant to their teaching. Additionally they are encouraged to be members of professional associations and required to update their professional knowledge and participate in scholarly research. Student to lecturer ratio The student to lecturer ratio varies depending on the program and method of instruction. The overall ratio is around 19 students to 1 faculty member not taking into account the external consultants and visiting professionals GIHE Factsheet March 2010 5

who enhance courses. This figure is based on students on campus and excludes those doing their compulsory internship because specially appointed personnel monitor these students. A few facts about our students (based on 2010.1 data) Total student population 1,547 Students on campuses 1,019 Students on internships 378 Breakdown per program: Undergraduate students 1395 Postgraduate students 152 Masters students 64 Number of faculty members 85 Average number of internship opportunities per student 6 Average number of interviews students have for a job 4 Student male / female ratio 48 / 52 Number of nationalities represented 92 Percentage of international students 94% Percentage of Swiss students 6% Nationality Mix: Europe 59% Americas 7% Asia 25% Middle East & Africa 9% VIII ACCREDITATION AND AFFILIATION Authorisation to operate Fribourg Canton Accreditation NEASC Glion is accredited at university level by the Commission on Institutions of Higher Education of the New England Association of Schools and Colleges USA. Recognition and membership Beside enjoying a worldwide recognition amongst international hospitality and tourism companies, staff members and the management of Glion Institute of Higher Education are members of the following associations: AEIST (International Association of Scientific Experts in Tourism AMFORT CHRIE & EUROCHRIE EUHOFA OSEC Office Suisse d Expansion Commerciale Swiss Tourism and many more professional associations GIHE Factsheet March 2010 6

IX CAREER OPPORTUNITIES Our placement office invites around 40 to 50 international hotel chains and companies each semester to present themselves and recruit our graduating students. A wide range of careers is open to them, namely in the fields of: Hospitality and Food Services Food Industry Tourism Events Entertainment / Sports Journalism Consulting and Services Banking and Finance Education Health Sports Management Leisure and Recreation Clubs Spa and Fitness Golf Management / Facilities Management X ALUMNI ASSOCIATION OF GLION Today, Glion comprises over 8,000 Alumni spread in over 100 countries. The Alumni Association of Glion (AAG) is a non profit organization and was founded in 1964 to bring together Alumni and maintain on-going contacts. Today it represents an extensive network, and is an ideal tool to create and further professional and personal relationships as well as encourage the exchange of new ideas. The AAG also offers a strong executive Search and Placement Service facilitating the integration of new graduates into the professional world and matching job offers with employment demands. - End - March 2010 GIHE Factsheet March 2010 7