Atlanta — June 11, 2008

The Board of Regents, the 18-member governing body for the University System of Georgia, today elected Regent Richard L. Tucker to a one-year term as the Board’s Chair.

Tucker, who was appointed in January 2005 to the Board of Regents by Gov. Sonny Perdue to represent the Seventh Congressional District, will serve as Board Chair from July 1, 2008, through June 30, 2009.

“I am extremely honored that the Board has chosen me as its Chairman,” Tucker said. “My colleagues on the Board of Regents and I have a formidable task as we continue the outstanding progress of the University System of Georgia and face what are certain to be challenges and opportunities in the coming year. I look forward to working with Chancellor Erroll Davis to formulate and communicate goals and objectives for the next year.”

Tucker is Principal and Managing Partner of Arlington Capital LLC, a real estate equity lending fund. He is also principal in other business ventures involving investments, real estate development and retail.

Tucker currently serves as Chairman of the Gwinnett Convention & Visitors Bureau, Chairman of the University System of Georgia Foundation and President of the 1818 Club. He also is a charter member of the Georgia Gwinnett College Board of Trustees. In addition, Tucker serves on the Board of Directors of the Brand Banking Company, Gwinnett Clean & Beautiful and Gwinnett Chamber of Commerce. He served as President and CEO of the Gwinnett Chamber of Commerce from 1996-2003 and as its Chairman in 2005.

Tucker has been recognized four times by Georgia Trend magazine as one of Georgia’s 100 Most Influential Leaders and was selected as one of Gwinnett’s most influential leaders by the Atlanta Journal Constitution. In 2003, he was honored by the Council for Quality Growth with its “Button Gwinnett Award,” Gwinnett’s most prestigious award.

Tucker is a former member of the Georgia Regional Transportation Authority (GRTA) and the Governor’s Development Council. He received his undergraduate degree in business administration from the University of Georgia.

Tucker and his wife, Peggy, live in Suwanee. The couple has two children, R. Lee Tucker Jr., and Valerie Tucker Ausband, and four grandchildren.

Regent Benjamin Tarbutton III chaired the committee that developed nominations for board officers for the coming year. Committee members were Regents James A. Bishop and Doreen Stiles Poitevint.

The Board of Regents is a constitutional body that governs and manages the University System of Georgia, comprised of 35 public colleges and universities, more than 270,000 students, and approximately 30,000 faculty and staff.

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