FranklinCovey Announces Fourth Quarter operating Results

FranklinCovey Announces Fourth Quarter
and Full Year 2008 Operating Results


SALT LAKE CITY, Nov 17, 2008

Franklin Covey Co. today announced financial results for its fourth quarter and fiscal year ended August 31, 2008. The Company's financial results for the fourth quarter and fiscal year 2008 are difficult to compare to prior periods due to the Company's sale of its Consumer Solutions Business Unit (CSBU) to a new private equity-funded entity known as Franklin Covey Products, LLC, which was effective July 6, 2008. The CSBU was primarily responsible for sales of the Company's consumer products, including the popular FranklinCovey Planner(TM), binders, and related accessories, to consumers and small businesses through retail, wholesale, Internet, and call center channels.

Due to the Company's 19.5 percent voting interest and continuing involvement with Franklin Covey Products, LLC, the Company will not present the financial results of the CSBU in a discontinued operations format at August 31, 2008 or in future periods.