Apollo Group, Inc. Announces Timing of Fiscal 2009 First Quarter Earnings Release

Apollo Group, Inc. (Nasdaq:APOL) announced today that it will report its fiscal 2009 first quarter results after market close on Thursday, January 8, 2009. The Company will host a conference call to discuss the results in more detail at 3:00 P.M. (5:00 P.M. ET) the same day.

Webcast and Replay:

Investors, journalists and the general public may access a live webcast of this event by visiting the Apollo Group, Inc. website at: www.apollogrp.edu. A webcast replay will be available approximately one hour following the conclusion of the call at the same link.

Telephone Replay:

A telephone replay will be available approximately two hours following the conclusion of the call by dialing:

About Apollo Group, Inc.

Apollo Group, Inc. has been an education provider for more than 30 years, providing academic access and opportunity to students through its subsidiaries, University of Phoenix, Institute for Professional Development, College for Financial Planning, Western International University, Meritus University, Insight Schools and Apollo Global. It also owns Aptimus, a provider of innovative digital media solutions. The Company's distinctive educational programs and services are provided at the high school, undergraduate and graduate levels in 40 states (as of August 31, 2008) and the District of Columbia; Puerto Rico; Alberta and British Columbia, Canada; Mexico; Chile; and the Netherlands, as well as online throughout the world.

For more information about Apollo Group, Inc. and its subsidiaries, call (800) 990-APOL or visit the Company's website at www.apollogrp.edu.