From the Chairman     | Our Mission     | Our Team     | Our Brands     | Cambridge Capabilities     | Investor Profile Cambridge Advisory Cambridge Advisory P.O. Box 92 New York, NY 10150 www.cambridgeadvisory.com info@cambridgeadvisory.com Contact us From the Chairman     Our Team       Our Brands      Cambridge Capabilities     Investor Profile Our Mission       Dear Investor, The growing popularity of private schools and publicly funded charters is rapidly reshaping the landscape of K-12 education in the United States.  Driven by the research-backed belief that such schools provide both a better education and a more humane teaching and learning environment, Americans from every social and economic circumstance are seeking to do right by their kids.  This flight to schools of choice  presents a unique opportunity for the mature investor to make a profit and make a difference.  We know the school business.  We know educational management and how great literature-based schools can be as efficient as they are effective.  We also know the American marketplace.  As we design a portfolio of high-performing schools, we are not limiting our site selection process to major media markets. Primary sites for our schools include small cities and vibrant towns other business models tend to overlook.  Most important, we will go where we are invited.  Whether the invitation comes from a Mayor, a Governor, or a dedicated group of citizens, we will build schools where the demand is expressed and where local resources are immediately available.  Cambridge Advisory, LLC represents a socially responsible investment in a seasoned management team, a proven product and a great brand.  If you are looking for a scheme, this isn’t it.  If, on the other hand, you want to make a solid investment in America’s future and realize a sizable return on your investment, I invite you to contact me personally.    T. Robinson Ahlstrom  Chairman and CEO