Whitney Information Network, Inc. (Pink Sheets:RUSS) announced today it has completed the sale of the corporate aircraft, a 1996 Cessna Citation VII (model 650), to an unrelated third party. The aircraft was originally purchased in November, 2006 for $6.4 million to replace the Cessna (model 550). The sale has provided to the company $3.8 million in cash less commissions and other typical deductions. The deal was brokered through Ken Goodrich of Citation Stores.

About Whitney Information Network, Inc.:

Whitney Information Network, Inc. (OTC Pink Sheets:RUSS) is a provider of postsecondary education focused on individual wealth creation and personal success. Whitney Information Network, Inc. provides students with comprehensive instruction and mentorship in real estate education, financial markets education, entrepreneurship and self development in the United States, United Kingdom, Canada and Costa Rica. Additional information can be found at www.wincorporate.com.

Special Note Regarding Forwarding-Looking Statements:

This press release includes certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements include all statements other than those made solely with respect to historical fact. These statements involve known and unknown risks, uncertainties and other factors that may cause the registrant’s actual results and performance to be materially different from any future results or performance expressed or implied by these forward-looking statements. These factors include those factors which can be found in our Form 10-K for the year ended December 31, 2007 and our other filings with the Securities and Exchange Commission. Forward-looking statements in this press release should be evaluated in light of these important factors. Although the registrant believes that these statements are based upon reasonable assumptions, the registrant cannot provide any assurances regarding future results. The registrant undertakes no obligation to revise or update any forward-looking statements, or to make any other forward-looking statements, whether as a result of new information, future events or otherwise.

Whitney Information Network, Inc.
Gerald Amato, 212-490-9095