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Cambium Learning Group, Inc. Announces Completion of $175 Million Offering of 9.75% Senior Secured Notes Due 2017

DALLAS Feb. 17, 2011 $175 million $40 million

The Company used a portion of the net proceeds from the offering to repay in full outstanding indebtedness under its existing secured credit facility and senior unsecured notes and pay related fees and expenses and intends to use the remaining net proceeds for general corporate purposes.

Additional details of the Notes and the new credit facility are outlined in the Company’s Current Report on Form 8-K dated today, which will be filed with the Securities and Exchange Commission.

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About Cambium Learning Group, Inc.

Dallas, Texas

Forward Looking Statements

December 31, 2009 March 26, 2010

Media and Investor Contact:

Shannan Overbeck

Cambium Learning Group, Inc.


[email protected]

SOURCE Cambium Learning Group, Inc.

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