Camden Learning Announces Record Date for Special Meeting of Stockholders

BALTIMORE & RAPID CITY, S.D. -- (Camden Learning Corporation ("Camden")(OTCBB: CAEL, CAELW, CAELU), today announced that stockholders of record as of the close of business November 5, 2009 (the "Record Date") will be invited to attend Camden's special meeting of stockholders to vote on, or submit a proxy to vote on, among other matters, the proposed Agreement and Plan of Reorganization, as amended, through which Dlorah, Inc., a privately-held company doing business as National American University, and a wholly-owned subsidiary of Camden will merge. Camden also announced that warrantholders of record as of the close of business November 5, 2009 will be invited to attend Camden's special meeting of warrantholders to vote on the warrant redemption.

Date for Special Meeting of Shareholders and Warrantholders Set for November 23, 2009

The special meeting of warrantholders is scheduled to be held at 10:00 a.m., New York time, on Monday, November 23, 2009, at the offices of Ellenoff Grossman & Schole LLP, Camden's counsel, at 150 East 42nd Street, 11th Floor, New York, New York 10017. The special meeting of stockholders is scheduled to be held on the same date at the same location at 10:30 a.m., New York time. The full meeting agenda will be detailed in the proxy statement to be mailed to all stockholders and warrantholders of record.

Ensuring Your Vote is Counted

In advance of the Record Date, Camden advises holders of its securities to move these securities into accounts which do not permit the lending of securities, so called cash accounts or segregated accounts, and out of accounts that permit the lending of securities, such as margin accounts. These steps are designed to ensure that votes related to common shares and warrants beneficially owned by stockholders and warrantholders are properly counted. Beneficial owners of common shares and warrants that have been loaned out (either with or without the beneficial owners' knowledge) are not permitted to vote those securities.

The closing of the transaction is subject to customary closing conditions, including the approval of the holders of a majority of outstanding shares of common stock of Camden issued in its initial public offering in December 2007 (the "IPO") that vote on the transaction at the stockholders' meeting and the approval of Camden's warrantholders of the warrant redemption. The closing is also subject to holders of less than 30% of Camden's shares of common stock issued in the IPO voting against the transaction and electing to exercise their conversion rights.

About Camden Learning Corporation

Camden is a special purpose acquisition company formed in 2007 for the purpose of acquiring through a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination one or more businesses or assets. Camden's initial public offering was consummated on December 5, 2007 and it received net proceeds of approximately $53 million through the sale of 6,250,000 units, including 376,300 units pursuant to the underwriters' over-allotment option, at $8.00 per unit. Each unit is comprised of one share of Camden common stock and one warrant with an exercise price of $5.50. As of August 31, 2009, Camden held approximately $52.5 million (or approximately $7.92 per share) in a trust account maintained by an independent trustee, which will be released upon the consummation of the transaction.