X0202 4 2006-06-27 0000721237 NOBEL LEARNING COMMUNITIES INC NLCI 0001045218 MILKEN MICHAEL R 1250 FOURTH STREET SANTA MONICA CA 90401 0 0 1 0 0001261505 MILKEN LOWELL J 1250 FOURTH STREET SANTA MONICA CA 90401 0 0 1 0 Common Stock, $.001 par value 2006-06-27 4 X 0 585803 6.2122 A 2469303 I See footnote Warrant 6.2122 2006-06-27 4 X 0 585803 0 D 2006-06-27 2006-06-30 Common Stock, $.001 par value 585803 0 I See footnote The person identified on the Joint Filer Information statement attached hereto as Exhibit 99.1 may be deemed to share the powers of voting and disposition of the securities described herein. The reporting persons disclaim beneficial ownership of the reported securities, except to the extent of their pecuniary interest therein. At the time of exercise, both the number of shares and exercise price reflected adjustments applied pursuant to the terms of the Warrant. Does not include 337,263 shares of Series F Preferred Convertible Stock which are convertible into shares of Common Stock. The shares of Common Stock are owned directly by Blesbok LLC, a Delaware limited liability company and KU Learning, L.L.C., a Delaware limited liability company. The derivative securities were owned directly by Blesbok LLC, a Delaware limited liability company. /s/ Michael R. Milken 2006-06-27