[title] achieve. grow. build.. 2 certain statements contained in this presentation concerning...

[Title]

Achieve. Grow. Build.

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Certain statements contained in this presentation concerning DeVry’s future performance, including those statements concerning DeVry’s expectations or plans, may constitute forward-looking statements subject to the Safe Harbor Provision of the Private Securities Litigation Reform Act of 1995. These forward-looking statements generally can be identified by phrases such as DeVry Inc. or its management “believes,” “expects,” “anticipates,” “foresees,” “forecasts,” “estimates” or other words or phrases of similar import. Actual results may differ materially from those projected or implied by these forward-looking statements. Potential risks, uncertainties and other factors that could cause results to differ are described more fully in Item 1A, “Risk Factors,” in DeVry’s most recent Annual Report on Form 10-K for the year ending June 30, 2012 and filed with the Securities and Exchange Commission on August 28, 2012.

Achieve. Grow. Build

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Business,Technology & Management

Business,Technology & Management

International, K-12 and Professional EducationInternational, K-12 and Professional Education

Medical & HealthcareMedical & Healthcare

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2/3 of all jobs

require a degree

Thesis on Education Sector

Growing need for career-oriented education

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Cost to Taxpayers

Source: Robert J. Shapiro and Nam D. Phan, Sonecon, September 2010.

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$679$785 $781 $840 $934

$1,092

$1,461

$1,915

$2,182 $2,089

FY03 FY04 FY05 FY06 FY07 FY08 FY09 FY10 FY11 FY12

Revenue: 10-Year History(in millions)

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Net Income: 10-Year History

(in millions)

$61 $52$22

$43$67

$128$166

$280

$330

$142

FY03 FY04 FY05 FY06 FY07 FY08 FY09 FY10 FY11 FY12

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FY13 First Quarter Results

$58

$32

Revenue Net Income

1st Three Months 1st Three MonthsFY12 FY13 FY12 FY13

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0%

20%

40%

60%

80%

100%

46%

5%

83%

26%

17%

17%28%

64%

14%

Diversification

Business

Technology

Healthcare

Associate

Bachelor’s

Master’s

Doctoral

International

U.S.

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Thesis on DeVry

Quality

Diversification+

Growth=

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Student Outcomes

4386/

Six-session average ending February 2012; excludes graduates continuing their education, foreign graduates ineligible to work in the U.S./Canada and those unable to accept career advising assistance, Excludes graduates who actively pursued employment for less than 180 days and did not become employed. Information presented is based on graduate-provided data.

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1. Organic Investments

2. Grow Core

3. Diversify beyond Core

4. Dividends & Share Repurchases

Capital Allocation

Achieve. Grow. Build.