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Sector
Lifestyle & Learning

Location
Pleasant Hill, CA

Employees
90

2002 Revenue
$20MM

Web Site
www.gettravel.com

27 March 2003
GET Travel Distributes a 20% Return to Investors

San Francisco–based GET Travel Group, LLC recently announced a distribution that results in a 20% cash-on-cash return to investors for 2002 earnings.

Founded in 1985, GET Travel Group is the nation's leading student-leisure tour operator, registering over 73,000 students annually for group tours across North America.

Rip Hunter, CEO/President of GET Travel, stated, "We are very pleased with our performance. We accomplished a great deal strategically and organizationally in a challenging environment. We appreciate the hard work from our management team and look forward to future success."

Mike Russell, GET Travel's COO/CFO, added, "We had a great year. We established financial and operating controls that will continue to improve our performance over the long term. We completed the first independent audit in the company's 17-year history with no material adjustments to our internally generated statements. We are ready for a great future."

Rob Holmes, GET Travel Board Member and Founding Partner of Black Knight Partners, LP, commented, "We have a great company, a committed management, and a strong position in a timeless industry. We are completely supportive of what the team at GET is doing."

GET Travel Group, LLC operates trips across Canada, the United States, and Mexico, and has developed nationally recognized brand names, Invasion Tours®, Adventures America®, LA Ski & Sun Tours®, and MusicAmerica®, which it uses to market its trips to student groups nationwide. CEO Rip Hunter and his brothers, Dave and Rich, founded the company and have built a track record of high standards and seventeen years of growth ever since.

Today, the company is owned by its founders, its management, and investors led by Dallas-based private equity firm Black Knight Partners, LP.

POC: Rob Holmes, 214 695 4243