DeVry Inc. Declares Semi-Annual Dividend

DeVry Inc. (NYSE:DV), an international higher education organization, announced that its board of directors has declared a dividend on the company’s common stock of $0.05 per share, payable on July 12, 2007, to stockholders of record as of June 18, 2007. In November 2006, the Board stated its intent to declare dividends on a semi-annual basis, resulting in an annual dividend rate of $0.10 per share.

About DeVry Inc.

DeVry Inc. (NYSE:DV) is the parent organization of DeVry University, Ross University, Chamberlain College of Nursing and Becker Professional Review. DeVry University, which includes Keller Graduate School of Management, offers associate, bachelor’s and master’s degree programs in technology, healthcare technology, business and management. Ross University, through its schools of Medicine and Veterinary Medicine, offers both doctor of medicine and doctor of veterinary medicine degree programs. Chamberlain College of Nursing offers associate and bachelor’s degree programs in nursing. Becker Professional Review, which includes Stalla CFA Review, provides preparatory coursework for the certified public accountant and chartered financial analyst exams. For more information, visit http://www.devryinc.com.