$2 Million Broad Prize for Urban Education to be Awarded;

$2 Million Broad Prize for Urban Education to be Awarded;
Nation's Most Improved Urban School District to be Announced

Aldine, Broward, Brownsville, Long Beach and Miami-Dade
Vie for Country's Largest Education Prize


For Immediate Release

Contact: Erica Lepping, el@broadfoundation.org

Monday, Oct. 13, 2008

C: 310-594-6880



Who:

Former U.S. Secretary of Education Rod Paige
Former U.S. Secretary of Education Richard Riley
New York City Schools Chancellor Joel Klein
Philanthropist Eli Broad
Approximately 350 leading education policy-makers and practitioners





What:

Announce the winner of the $2 million Broad Prize for Urban Education, the largest education prize in the country





When:

Tuesday, Oct. 14, 2008

9 to 10:45 a.m. ET: Panel discussion among superintendents contending for The Broad Prize, moderated by Claudio Sanchez, national education correspondent for National Public Radio

11 a.m. to noon ET: Announcement of winner, including remarks by Joel Klein, chancellor of New York City Department of Education, the 2007 Broad Prize winner

Noon ET: Celebratory lunch with keynote speaker Tom Brokaw, special correspondent, NBC News





Where:

Museum of Modern Art
11 West 53rd Street
New York City, N.Y. 10019
Enter through the 53rd Street entrance and check in at media table.





Note:

Please RSVP to elepping@broadfoundation.org to reserve a seat.

Following the Oct. 14 announcement, remote media may access:

* An electronic press kit at noon ET at www.broadprize.org (in English and Spanish)
* Photos of the event by 4 p.m. ET on the AP wire

The $2 million Broad (rhymes with "road") Prize for Urban Education annually honors urban school districts that demonstrates the greatest overall performance and improvement in student achievement while reducing achievement gaps among poor and minority students.

The five finalists for the 2008 Broad Prize are:

* Aldine Independent School District, Texas
* Broward County Public Schools, Fla.
* Brownsville Independent School District, Texas
* Long Beach Unified School District, Calif.
* Miami-Dade County Public Schools

The winning district will receive $1 million in college scholarships for graduating high school seniors, and the four finalists will each receive $250,000 in scholarships. For more information, please visit: www.broadprize.org.

The Eli and Edythe Broad Foundation is a national venture philanthropy established by entrepreneur and philanthropist Eli Broad to advance entrepreneurship for the public good in education, science and the arts. The Broad Foundation's education work is focused on dramatically improving urban K-12 public education through better governance, management, labor relations and competition. The Broad Foundation's Internet address is www.broadfoundation.org.

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The Broad Foundation 10900 Wilshire Boulevard, 12th Floor, Los Angeles, California 90024 310.954.5050