<!--:es-->Dallas Students Receive $65,191 from Mayor’s Chesapeake Energy Scholarship Former mayor Tom Leppert presented awards at J. Erik Jonsson Central Library<!--:-->

Dallas Students Receive $65,191 from Mayor’s Chesapeake Energy Scholarship Former mayor Tom Leppert presented awards at J. Erik Jonsson Central Library

DALLAS – Seven Dallas-area high school seniors were awarded a combined $65,191 toward their college education today at the 2011 Mayor’s Chesapeake Energy Scholarship Award Luncheon, held at the J. Erik Jonsson Central Library. Chesapeake Energy Corporation (NYSE:CHK)
created the $3.75 million scholarship with an initial $2.5 million contribution. The remaining $1.25 million donation was raised in a challenge match by the cities of Dallas and Fort Worth for scholarship programs in both cities. Four years later, 55 students in Dallas and Fort Worth independent school districts have already been awarded four-year renewable scholarships.
“These students have demonstrated the talent and ambition necessary to thrive in a higher education
setting,” said Kimberly Britton, community relations director for Chesapeake. “They were leaders both inside and outside the classroom in high school, combining academic superiority with extracurricular excellence. Chesapeake is extremely proud to support these students as they move on to some of the nation’s most prestigious universities.”

The students are judged on their academic and extracurricular performance. Each student must graduate with at least a 3.0 GPA from a Dallas ISD high school. Additionally, a university or vocational school must accept each student for the fall. Award recipients are eligible for up to $20,000 annually for up to four years. The goal of the fund is to provide a debt-free education for minority students (African-American, Hispanic-American, Native American, Asian-American and women) as defined by the North Central Texas Regional Certification Agency.

“Through the generosity of Chesapeake Energy and other sponsors, this scholarship has allowed us to
make a difference in the lives of deserving and dedicated Dallas-area students over the past few years,” said former Dallas mayor Tom Leppert. “It’s always gratifying when high achievers are rewarded for their efforts.”

Chesapeake asked The Dallas Foundation and Community Foundation of North Texas, based in Fort
Worth, to hold and administer the scholarship programs. Each foundation selected a scholarship
committee, including one representative each from DFW International Airport Board and Chesapeake, in
addition to other representatives from each community. Scholarship distributions are made to qualified educational institutions for the scholarship recipients.

“The rising costs of tuition necessitate an even greater commitment on our part to invest in talented students whose continued education is threatened by a lack of financial resources,” said Mary Jalonick, president of The Dallas Foundation. “Over the years, it has become increasingly clear that investing in these children is one of the best decisions we can make.”

Education is Freedom, a Dallas-based nonprofit, works with students who are dedicated to succeeding despite the barriers to higher education.

“We work with these students day in and day out,” said Marcia Page, president and CEO of Education is Freedom. “It’s so nice to see all of their hard work recognized through this scholarship program. After all, access to higher education is the core belief on which Education is Freedom was founded, and it is our goal to support these students in every way possible.”

Ms. Diamond Cleaver is in the top 10 percent of her class at James Madison High School. She is
president of her senior class and a member of National Honor Society and JROTC. Diamond will
attend the University of Houston this fall and will pursue a degree in psychology.
Ms. Chi Do is the salutatorian at Skyline High School. She is active in numerous academic clubs,
including National Honor Society and Mu Alpha Theta Math Honor Society. Chi plans to attend
the University of Texas at Dallas and has a career goal of becoming an osteopathic physician.
Mr. Jonathan Fluker is in the top 10 percent of his class at North Dallas High School. He is
captain of the varsity soccer team and has participated in numerous volunteer events through the Volunteer Center of North Texas and the Mayor’s Intern Fellows program. Jonathan will attend the University of Texas at Dallas this fall and major in business.
Ms. Leticia Hernandez is ranked third in her class at Thomas Jefferson High School. She is a
member of numerous clubs and organizations, including the Thomas Jefferson High School Pride
and Spirit Band and the National Beta Club. Leticia will attend the University of North Texas this fall and will pursue a career in electrical engineering.
Ms. Vivian Linares is ranked fourth in her class at James Madison High School. She is an active
member of Student Council and JROTC. Vivian plans to attend Texas Woman’s University in the fall and will major in nursing and social work.
Ms. Victoria Robinson is in the top 10 percent of her class at W.T. White High School. She is active in numerous academic clubs, including the LEAN Mentoring Program and National Honor Society. Victoria will be attending Texas State University this fall and has a career goal of
becoming an anesthesiologist.
Mr. Alex Watson is the valedictorian at Justin F. Kimball High School. He is actively involved in
his community and is a member of his school’s tennis team. He will be attending the University of Texas at Austin this fall to study pharmacy and business management.

About Chesapeake Energy
Chesapeake Energy Corporation is the second-largest producer of natural gas, a Top 15 producer of oil and natural gas liquids and the most active driller of new wells in the U.S. Headquartered in Oklahoma City, the company’s operations are focused on discovering and developing unconventional natural gas and oil fields onshore in the U.S. Chesapeake owns leading
positions in the Barnett, Haynesville, Bossier, Marcellus and Pearsall natural gas shale plays and in the Granite Wash, Cleveland, Tonkawa, Mississippian, Bone Spring, Avalon, Wolfcamp, Wolfberry, Eagle Ford, Niobrara, Three Forks/Bakken and Utica unconventional liquids plays. The company has also vertically integrated its operations and owns substantial midstream, compression, drilling and oilfield service assets. Chesapeake’s stock is listed on the New York Stock Exchange under the symbol CHK. Further information is available at www.chk.com where Chesapeake routinely posts announcements,
updates, events, investor information, presentations and press releases.

About The Dallas Foundation
The Dallas Foundation, established as a community foundation in 1929, serves as a leader, catalyst and resource for philanthropy by providing donors with flexible means of making gifts and bequests, the income from which primarily supports the charitable causes of the city and county of Dallas. For more information, visit dallasfoundation.org.

About Education is Freedom
Education is Freedom (EIF) helps students go to college by providing direct college planning services in the Dallas ISD. EIF’s life cycle model includes a pilot middle school program, an intensive high school program, and college integration services for EIF graduates. By providing grade-specific, long-term college planning guidance, academic encouragement, parent outreach, professional and personal development opportunities, the summer Mayor’s Intern Fellows program and university scholarship partners, EIF helps students remain on course to graduate from high school and prepares them psychologically, socially and logistically for college. EIF students are more likely to stay in school, have higher GPAs, take Advanced Placement classes,
graduate from high school, and apply to and enter college. For 2010-2011, EIF is serving six Dallas ISD middle schools and 19 out of 22 Dallas ISD comprehensive high schools.