X0202 4 2005-07-08 0 0000929887 APOLLO GROUP INC APOL 0001237503 SPERLING JOHN G 4615 E ELWOOD ST PHOENIX AZ 85040 1 0 1 0 Class A Common Stock 2005-07-08 4 J 0 211081 0 D 17713549 D Class A Common Stock 2185886 I Aurora Foundation Class A Common Stock 1357339 I JGS Irrevocable Class A Common Stock 585974 I JGS Revocable Trust Forward Sale Contract 2005-07-08 4 J 0 0 D Class A Common Stock 250000 0 D As disclosed on a Form 4 filed in July 2002, the Reporting Person entered into a forward sale agreement on July 10, 2002 (the "Agreement") for the forward sale of up to 250,000 shares of Class A Common Stock. On July 8, 2005, the Reporting Person delivered 211,081 shares of Class A Common Stock as settlement for expiration of the maturity date under the Agreement. Of the 250,000 shares subject to the maturity date under the Agreement, the Reporting Person retained 38,919 shares. The transaction is deemed exempt from Section 16(b) of the Securities Exchange Act of 1934. \s\ John G. Sperling 2005-07-12