Lincoln Educational Services Equips Auto Training Facilities with Premium Snap-on Products

Discounts and Rebates for Students Purchasing Snap-on Hand Tools

WEST ORANGE, N.J., May 24 -- Lincoln Educational Services Corporation ("Lincoln") today announced a five-year agreement granting Snap-on Industrial, a division of Snap-on, rights to promote and supply hand tools, power tools, technology and diagnostic equipment to senior students enrolled at Lincoln automotive campuses. With the signing of this agreement, Snap-on joins NAPA, which supplies Lincoln automotive campuses with tools, parts and accessories, as a preferred provider. The agreement applies to the seven Lincoln Technical Institutes, Nashville Auto Diesel College, and Denver Auto Diesel College campuses operated by Lincoln, as well as any new automotive schools that the company may acquire. Throughout the term of this agreement, Lincoln students will receive a significant discount on purchases of Snap-on(R) products.

"We are committed to featuring the latest automotive technology, training methods and equipment at our campuses," said Larry Brown, Lincoln's President and Chief Operating Officer. "With this agreement, we are further amplifying students' hands-on learning experience by providing them exposure to Snap-on tools, used by automotive technicians industry-wide."

"As a proud graduate of Lincoln, and a satisfied customer of Snap-on, I am very happy to hear that these students will be getting a leg up on their preparation for a professional environment by exposure to Snap-on tools during their education at Lincoln Tech," said Charles Klasman, Technical Specialist, BMW North America, LLC.

To recognize student achievement, Snap-on will also sponsor promotional activities at Lincoln automotive campuses, such as the "Blue Wrench Club." Students who earn this designation will receive a Snap-on certificate of accomplishment and corresponding award. Students will also have at their disposal online ordering capabilities from personal computers and kiosks installed by Snap-on at Lincoln campuses.

"It is an excellent opportunity for Snap-on to be selected as the preferred equipment provider for Lincoln's highly-regarded automotive campuses," said Bill Willetts, District Sales Manager, Snap-on. "We are thrilled to have a role in educating the next wave of auto technicians whose skills will be a critical addition to this country's workforce.

About Lincoln Educational Services Corporation

Lincoln is a leading and diversified for-profit provider of career- oriented post-secondary education. It offers recent high school graduates and working adults degree and diploma programs in five principal areas of study: automotive technology, skilled trades, business and information technology and health sciences (which includes programs for medical administrative assistants, medical assistants, pharmacy technicians and spa and culinary services). Lincoln has provided the workforce with skilled technicians since its inception in 1946. Lincoln currently operates 35 campuses in 16 states under eight brands: Lincoln Technical Institute, The Cittone Institute, CEI, Denver Automotive and Diesel College, Nashville Auto-Diesel College, Southwestern College, New England Technical Institute and Euphoria Institute of Beauty Arts and Sciences. Lincoln had a combined enrollment of approximately 17,700 students as of as of March 31, 2006.

Statements in this press release regarding Lincoln's business which are not historical facts may be "forward-looking statements" that involve risks and uncertainties. For a discussion of such risks and uncertainties, which could cause actual results to differ from those contained in the forward- looking statements, see "Risk Factors" in Lincoln's registration statement on Form S-1, as amended. All forward-looking statements are qualified in their entirety by this cautionary statement, and Lincoln undertakes no obligation to revise or update this news release to reflect events or circumstances after the date hereof.