For 28 years, Nelnet has been helping the education-seeking family plan for their education, pay for their education, and prepare for their careers. The company has invested hundreds of millions of dollars in products, services, and technology improvements for students and the educational institutions they attend. These services include live counseling to help families through all aspects of the financial aid process, benefits for borrowers, including tens of millions of dollars in fee reductions, and Nelnet sponsored scholarships. Nelnet serves students in 50 states, employs approximately 4,000 associates, and has $23.8 billion in net student loan assets. en-us http://www.nelnet.com/overview.aspx?id=1084&path=nel.cor.nap Copyright 2007, Nelnet, Inc. nelnetcommunications@nelnet.net nelnetcommunications@nelnet.net http://www.nelnet.com/images/logo_nelnet_hdr.gif http://www.nelnet.com/overview.aspx?id=1084&path=nel.cor.nap 162 52 http://www.nelnet.com/overview.aspx?id=1175&path=nel.cor.nap.pr LINCOLN, Neb. April 20, 2007 – Nelnet (NYSE: NNI), a leading education planning and financing company, today announced it will assume a leadership role in a movement towards greater transparency and choice for students seeking to borrow money for their college education. Through a voluntary letter of agreement with Nebraska Attorney General Jon Bruning, Nelnet pledges to adopt the Nelnet Student Loan Code of Conduct, post a copy of a review of the company’s business practices on its Web site, and commit $1 million to help educate students and families on how to plan and pay for their education.