A Statement By University of Colorado at Boulder Chancellor G.P. “Bud” Peterson

June 21, 2007

I want to assure all our student-athletes, their parents, our faculty and staff, our alumni and our fellow NCAA Division I institutions that the University of Colorado at Boulder will fully comply with all of the NCAA’s rules and regulations. I believe that this is demonstrated by the fact that when we discovered what we suspected was a rules violation, we immediately self-reported it to the NCAA and worked with it to understand what ultimately was a very complicated and involved set of circumstances. We accept the NCAA ruling and are reassured by the fact that the NCAA Committee on Infractions essentially accepted the self-imposed sanctions we proposed as part of this process.

Recently, we set forth a new reporting structure for the Department of Intercollegiate Athletics here at the University of Colorado at Boulder in which athletics is fully integrated into our university community. I believe we have made tremendous progress in this regard and as Chancellor, I will continue to work with our Athletic Director, Mike Bohn, his staff, and the entire university community to ensure that we are in full compliance in this and all areas. I believe that we have the proper leadership in place and that we share a common set of values with respect to openness, integrity, and fairness. It is these values that will enable us to set a standard of integrity and achievement for athletics that the people of Colorado can and will be proud of, and a standard that we hope can serve as a national model.