News Releases

ITT Educational Services, Inc. Listed in Business Week 'Hot Growth Companies'

PRNewswire-FirstCall
INDIANAPOLIS
Jun 17, 2003

? ITT Educational Services, Inc. (NYSE: ESI), a leading provider of technology-oriented postsecondary degree programs, has been included in Business Week Magazine's "Hot Growth Companies" list for the second year in a row.

The company ranked number 21 on this year's list, up from number 24 on last year's list. Companies are listed according to their three-year results in sales growth, earnings growth and return on invested capital. The 100 companies on the list were selected from among more than 10,000 publicly traded corporations that had annual sales of more than $50 million and less than $1.5 billion, a market value greater than $25 million and a stock price of at least $5 per share.

ITT/ESI's rank in the category of Return on Capital increased to second on this year's list from third last year, based on its 41.6 percent average return on capital for the past three years.

SOURCE: ITT Educational Services, Inc.

CONTACT: Nancy Brown of ITT Educational Services, Inc., +1-317-706-9260

Web site: http://www.ittesi.com/