May 14, 2008

Qian Yingyi

Dean, School of Economics and Management

Tsinghua University

#1, Qinghua Yuan

Beijing 100084

China

Dear Dean Qian,

On behalf of AACSB International, its Board of Directors, staff, and member schools around the world, please know how deeply saddened we are by the impact of the powerful earthquake that shook Sichuan Province, and the affect it has had on the people of the region.

While we know your area was not directly impacted by the tragedy, please extend our heartfelt condolences to those who have experienced losses, as well as to their loved ones, who have endured unexpected hardship.We are confident that in time, the Sichuan province and affected parts of Central China will rebound from this tragic natural disaster.

We hope you find comfort in the knowledge that you are not alone during these difficult days.We are encouraging AACSB International members around the world to express their support and concern in the weeks to come.

Our thoughts are with you.

Sincerely,

John J. Fernandes

President and Chief Executive Officer

AACSB International