GMAC and Pearson Team Up to Save Students a Bundle

US$100 Discount Available to People Who Purchase GMAT Exam and Pearson Test of English Academic Together

LONDON and RESTON, VA--(Marketwire - July 15, 2010) -  Pearson and the Graduate Management Admission Council (GMAC) today announced the launch of a bundle pack that gives GMAT test takers the opportunity to save up to US$100 on test fees by purchasing Pearson Test of English Academic (PTE Academic) and GMAT together. This special promotion is aimed at students who need to prove their English language proficiency in addition to providing a GMAT score when applying for admission to graduate business and management programs.

The bundle pack will be available until December 2011 and can be purchased from www.pearsonpte.com/gmat.

"The GMAT and the Pearson Test of English Academic embody the very highest quality and standards, and this bundle gives students a unique opportunity to take both exams," said Dave Wilson, president and chief executive officer of GMAC. "We are particularly pleased to be working closely with our partners at Pearson to provide test takers with such excellent value."

The GMAT exam and PTE Academic bundle pack also includes a free PTE Academic scored practice test, providing even more value for prospective business school students.

"Pearson offers the highest levels of service to PTE Academic test takers by offering flexible test dates, last-minute scheduling and fast score delivery," said Mark Anderson, president, global strategy and business development for Pearson International. "We are pleased to be collaborating with GMAC to provide prospective business school students with greater benefits."

More than 1,500 programs worldwide now recognize or are preparing to recognize PTE Academic. These programs receive approximately 580,000 applications from international students per year. Recent additions to the growing list of premier institutions recognizing PTE Academic include Harvard Business School, INSEAD, Cornell University and the Stanford Graduate School of Business.

For more information, visit www.pearsonpte.com/gmat or www.mba.com.

About GMAC

The Graduate Management Admission Council (www.gmac.com) is a nonprofit education organization of leading graduate business schools worldwide dedicated to creating access to and disseminating information about graduate management education. GMAC is based in Reston, Virginia, and has a European office in London. The GMAT® exam was created in 1954 and is used by nearly 5,000 graduate management programs at approximately 1,900 business schools around the world to assess applicants. The GMAT -- the only standardized test designed expressly for graduate business and management programs worldwide -- is continuously available at more than 530 test centers in over 111 countries. More information about the GMAT exam is available at www.mba.com.

About Pearson Test of English Academic

PTE Academic is a computer-based test for non-native speakers of English who need to demonstrate their academic English skills for purposes such as obtaining a place at an English-speaking university or business school or applying to the UK Border Agency for a visa.

The test was launched in late 2009 by Pearson and has rapidly built up acceptance from colleges, universities, training providers and other organizations throughout the English-speaking world. These organizations include Harvard Business School, Yale University, Cornell University, Navitas English, Dartmouth College's Tuck School of Business, INSEAD, Universities and Colleges Admissions Service (UCAS), and Russell Group universities such as the University of Edinburgh.

More than 1,500 academic programs now accept or are preparing to accept PTE Academic scores. These programs receive approximately 580,000 applications from international students annually, meaning that over half a million international students now have the option of submitting PTE Academic scores when applying for admission. For a full list of organizations that accept PTE Academic scores, visit www.pearsonpte.com/recognize.

PTE Academic is delivered on a "choose and book" basis rather than on fixed dates, which can speed up the testing process for test takers. Test takers can register for the test up to 48 hours in advance and schedule their appointment just 24 hours before sitting for their exam. Results are delivered within five business days. Currently, results are available in just two business days. The test has been rapidly rolled out worldwide and is already being delivered in Pearson's network of test centers in countries including China, India, Japan, the United States, the United Kingdom, Australia, New Zealand, South Korea, Hong Kong, Taiwan and Canada.

About Pearson

Pearson (NYSE: PSO), the global leader in education and education technology, provides an extensive and comprehensive set of print and digital education materials for pre-K through college, student information and learning management systems, teacher professional development, career programs, and testing and assessment products that set the standard for the industry. Pearson VUE, a business of Pearson that delivers exams through the world's most comprehensive and secure network of test centers, administers the GMAT exam. Pearson's other primary businesses include the Financial Times Group and the Penguin Group. For more information, visit www.pearson.com. Pearson Language Tests is developing PTE Academic in collaboration with GMAC.