MEETING WITH THE CHANCELLOR April 18, 2008 Second Quarterly Report DCPS Contract No. GAGA-2007-C-0258 (Amended from 0252) Woodrow Wilson Management Corporation, Inc.

Achievements January-August 2007 –Incorporation of WMC January 2007 –Obtained initial DCPS $50,000 funding in April –Executive Director/COO recruited, hired, commenced May –Coordinated construction activities Summer 2007 Roof replacement and pool demolition Field and stadium renovations (N.B. coordination with community) Faculty parking lot additions (and on street parking) Gym renovations (new floor, renovated locker rooms) Installation of AC units south side of building –Signed contract with DCPS August –Contract fully funded October Woodrow Wilson Management Corporation, Inc.

Achievements September-December 2007 –Completion of Policies and Procedures Manuals Procurement Financial Controls Field & Stadium Use –In progress: Work Order Process for Critical Repairs –Modernization Activities Issuance of RFP for A&E Feasibility Study, November Grimm & Parker selected by Project Team, December Issued RFP for PM but on hold for present –Meeting with Chancellor, December 2007 Woodrow Wilson Management Corporation, Inc.

Goals for this quarter were –Finalize work order system with OPEFM –Modernization Launch feasibility study with Grimm & Parker –Tour Washington & Lee and other schools –Update property survey, HAZMAT study & EC survey Launch education specification survey –Obtain DCPS audits and launch WMC audit plans

Woodrow Wilson Management Corporation, Inc. Achievements for this quarter were –Launched WMC audit plans –Implemented Field and Stadium rental use agreements –Helped manage new security door installation –Overseeing new A/C installations –Paid for and managed purchase of CAAS system

Woodrow Wilson Management Corporation, Inc. Achievements for this quarter (cont’d) –Modernization Launched feasibility study with Grimm & Parker –Tour of Washington & Lee HS and Kenmore MS conducted on April 4, 2008 –Property and various professional surveys updates underway –Created on line user “expectation survey” –Commenced education specification survey process with Wilson students, faculty, staff and parents

Additional Maintenance Achievements Plastering 12,000 square feet of damaged walls and ceilings from 10 years of water leaks. Coordinated replacement of heat exchanger in gymnasium Replacement of damaged lockers in Main Building and installation of. new Lockers for incoming 9 th graders Handled and completed more than 24 requests for repairs ranging from replacing doors, fixing broken windows, rewiring teacher’s lounges for phone service, putting latches on bathroom doors, etc. On going coordination with pool construction Woodrow Wilson Management Corporation, Inc.

On-going issues & hurdles remaining from last Q –No definitive clarification of issues raised in 3 July 2006 letter to Mr. Dale Talbert (WTU and LSRT) –Wilson (and WMC as a volunteer organization) will need professional third-party help with all aspects of any role for WMC beyond modernization –DCPS financial & operational audits not completed –Pressure to possibly expand role of WMC in context of restructuring –No finalized work order system with OPEFM Woodrow Wilson Management Corporation, Inc.

Other Issues & Hurdles –Loss of faculty parking where pool construction has begun –MPD, Hawk One and DCPS cars use pedestrian plaza for parking –OPEFM work order system not documented by OPEFM –Need for DCPS to assign point person for WW modernization –Need for OPEFM to assign point person for WW modernization –Land transfer of “triangle” at Chesapeake Street and Fort Drive –Access to stadium due to pool construction –Continuing public inquiries and confusion regarding pilot program of autonomy over field/stadium