Mark Greene, Fair Isaac CEO, Elected to Capella Education Company's Board of Directors

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Greene brings financial and technology expertise to online education provider.

Capella Education Company (NASDAQ: CPLA), a provider of exclusively online post-secondary education through its wholly owned subsidiary Capella University (http://www.capella.edu), today announced that Mark Greene, chief executive officer of Fair Isaac Corporation, was elected to serve as a member of Capella Education Company's board of directors at the company's annual meeting on May 13, 2008.

Greene has served as chief executive officer of Fair Isaac Corporation, a leading provider of decision management solutions, since February 2007. He previously spent 12 years at IBM, serving global roles as vice president for electronic commerce, vice president for financial services, and general manager for the banking industry vertical. Greene began his career as an economist at the Federal Reserve Board and at Citicorp. He holds a BA from Amherst College, and MA and PhD degrees in economics from the University of Michigan.

About Capella Education Company
Founded in 1991, Capella Education Company (NASDAQ: CPLA) is a national leader in online education and parent company of Capella University, a regionally accredited* online university. Capella University offers graduate degree programs in business, information technology, education, human services, psychology, public health, and public safety, and bachelor's degree programs in business, information technology, and public safety. These academic programs are designed to meet the needs of working adults, combining high quality, competency-based curricula with the convenience and flexibility of an online learning format. Currently, Capella University offers 19 graduate and undergraduate degree programs with 104 specializations and more than 950 courses. More than 23,400 learners were enrolled as of March 31, 2008. For more information about Capella Education Company, please visit http://www.capellaeducation.com. For more information about Capella University, please visit http://www.capella.edu or call 1.888.CAPELLA (227.3552).

*Capella University is accredited by The Higher Learning Commission and is a member of the North Central Association of Colleges and Schools (NCA), http://www.ncahlc.org.

Capella University, 225 South Sixth Street, Ninth Floor, Minneapolis, MN 55402, 1-888-CAPELLA (227-3552), http://www.capella.edu.

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MICHAEL WALSH
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