THE CORPORATE LIBRARY

Related Party Transactions and Outside Related Director Information

DeVry Inc. (DV)

10/7/2005 Proxy Information

During fiscal year 2005 the Company paid The Revere Group, an information systems consulting organization, approximately $1.1 million for consulting services. Robert C. McCormack, one the Company’s Directors, is also a director of The Revere Group, and Trident Capital, Inc., of which Mr. McCormack is a founding partner, is an investor in the Revere Group. Also, Dennis J. Keller, Chair, and Ronald L. Taylor, CEO, are investors in Trident Capital, Inc.

During the same fiscal year, the Company paid $132,433, and is expected to pay an additional $36,000 during fiscal 2006, to Lawrence Associates Incorporated (“LAI”) for two pilot tests of information technology services. Thomas Taylor, brother of the Company’s CEO, Ronald L. Taylor, is Executive Vice President and Chief Operating Officer of LAI.

10/19/2004 Proxy Information

For fiscal year 2004 the Company paid The Revere Group, an information systems consulting organization, $4.8 million for consulting services. Robert C. McCormack, one the Company’s Directors, is also a director of The Revere Group, and Trident Capital, Inc., of which Mr. McCormack is a founding partner, is an investor in the Revere Group. Also, Dennis J. Keller, Chairman, and Ronald L. Taylor, CEO, are investors and limited partners in Trident Capital, Inc.

During the same fiscal year, DeVry paid $5,000, and is expected to pay an additional $107,000 during fiscal 2005, to Lawrence Associates Incorporated (“LAI”) for 2 pilot tests of information technology services. Thomas Taylor, brother of the Company’s CEO, Ronald L. Taylor, is Executive Vice President and Chief Operating Officer of this Company.

Management believes that these transactions and any relationships during fiscal 2004 were on terms that were reasonable and competitive. Additional transactions and relationships of this nature may be expected to take place in the ordinary course of business in the future.

10/24/2003 Proxy Information

For fiscal year 2003 the Company paid The Revere Group, an information systems consulting organization, $4.1 million for consulting services. Robert C. McCormack, one the Company’s Directors, is also a director of The Revere Group, and Trident Capital, Inc., of which Mr. McCormack is a founding partner, is an investor in the Revere Group. Also, Dennis J. Keller and Ronald L. Taylor, Co-CEO’s, are investors and limited partners in Trident Capital, Inc.

During the same fiscal year, DeVry paid McGraw Hill Education $1.4 million for college textbooks and other educational materials that were primarily re-sold to DeVry University students. Julia A. McGee, a Company Director, was President, Basal and Test Publishing, McGraw Hill Education, during part of fiscal year 2003.