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To: barbara sperino who wrote (15322)	5/7/1998 9:04:00 AM
From: Warner Buffett	Respond to of 34592

Watch CLCX today. Good news out today. Should see big short squeeze! " FAIRFAX, Va.--(BUSINESS WIRE)--May 7, 1998--Computer Learning Centers, Inc. (Nasdaq National Market: CLCX) ("CLC") announced today that its Schaumburg, Illinois Learning Center has been authorized by the Illinois State Board of Education (ISBE) to resume regular marketing and enrollment activities. The Company also announced an Interim Agreement with the ISBE that commits the Schaumburg Learning Center to certain measures and procedures intended to ensure strict compliance with the requirements of the Illinois Private Business and Vocational Schools Act. On April 3, 1998, the ISBE asserted that the Schaumburg Learning Center had certain deficiencies with respect to several provisions of The Private Business and Vocational Schools Act, and directed that the school cease and desist from all marketing and enrollment activities for a thirty day period. By the end of that month the school would have to demonstrate to the ISBE that the cited deficiencies either had not occurred or had been corrected to the satisfaction of the ISBE. Failure to satisfy the ISBE could result in the initiation of a proceeding to place the school's operating certificate on probation, suspension or one year revocation. The Company filed a detailed response to the ISBE Report on April 21st. It described the Schaumburg Learning Center's compliance with the Schools Act and the measures the school was taking to strengthen compliance with the requirements of the law. Representatives of the Company met with ISBE officials on April 24th to discuss the school's response. On May 7, 1998, ISBE notified the company the cease and desist order will not be extended. In the interim, ISBE is prepared to allow the Schaumberg Learning Center to resume normal marketing and enrollment activities so long as the Schaumberg Learning Center agrees to certain measures and proceedures intended to ensure stict compliance with the requirements of the Schools Act. Those measures addressed: 1. Faculty Qualifications; 2. Administrator Qualifications; 3. Refund Policy; 4. Student Admissions; 5. Enrollment Agreement and Statistical Disclosures; 6. Grievance Proceedures; 7. School Advertising; and 8. Record-keeping Computer Learning Centers President and CEO Reid Bechtle said the action by the Illinois State Board of Education to lift the restrictions on the Schaumburg Learning Center is consistent with the Company's commitments to operate in the interest of its students and in full cooperation with state oversight agencies. "I am gratified by the spirit of cooperation that has characterized our discussions with the staff of the State Board," Bechtle said. "It is our intention for the Schaumburg Learning Center to be a model for high level technical career training." Computer Learning Centers provide information and computer-related education and training at 25 Learning Centers in the United States. The Company designs programs and courses to meet current information technology education needs, offering instructions focused on client/server systems and applications programming, networking administration and management, help desk operations and computer technical support. This press release contains forward-looking statements. The words "believe," "expect," "anticipate," and "project," and similar expressions identify forward-looking statements, which speak only as of the date the statement was made. The Company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise. Forward looking statements are inherently subject to risks and uncertainties, some of which cannot be predicted or quantified. Future events and actual results could differ materially from those set forth in, contemplated by, or underlying the forward-looking statements. The risks and uncertainties to which forward-looking statements are subject include, but are not limited to, the effect of government regulation, competition and other risks detailed from time to time in the Company's filings with the Securities and Exchange Commission. "