Ka Wai Ola - Office of Hawaiian Affairs, Volume 15, Number 9, 1 September 1998 — Page 2 Advertisements Column 2 [ADVERTISEMENT]

The True Bottom Line on KSBE's Financial Perfonnance

$631,000.000 $393,000,000

Strong Financial Performance Supporting Educational Expansion Contrary to earlier reports, Kamehameha Schools Bishop Estate earned more than three hundred and ninety-three million dollars from 1994 to 1996. Today, the Trust is wealthier and financially stronger than it has ever been, and the Trustees are proud that this has enabled KSBE to educate more Hawaiian children than ever before. Since 1994, KSBE has: • Opened two new schools — one on Maui and one on the Big Island • Expanded our preschools to 29 sites statewide, making KSBE the largest preschool provider in the state • Increased post-high school linaneial aid awards for Hawaiian students by $12 million, making KSBE the largest private provider of post-high school Ananeial aid in the state. kamehameha schools bern1ce pauahi blshop estate One Heritage Building Many Future s Figures in the chart are from audited financial statements for eaeh respective year, Coopers and Lybrand LLP and Arthur Andersen LLP, auditors.