Hawks Announce New Scholarship Program

ATLANTA HAWKS AND PROJECT GRAD TEAM-UP
FOR NEW SCHOLARSHIP PROGRAM

New initiative gives students the opportunity to earn $2,000 for college

ATLANTA, GA (Jan. 31, 2007)
-- The Atlanta Hawks and Project GRAD Atlanta are launching a new
scholarship program for Georgia high school seniors attending a Project GRAD
high school. The initiative will give students the opportunity to earn $2,000
towards a college education.

To apply, students must complete an application form along with a typed
1,000-word essay, and submit both items to their school's Scholarship
Coordinator, by February 28, 2007. Other requirements include a letter of
recommendation from a teacher or counselor, and proof of Georgia residency.

Additionally, applicants must be a senior at one of the Project GRAD high
schools (Booker T. Washington High School, South Atlanta High School or the New
Schools at Carver) with a minimum 2.8 cumulative grade point average. Interested
students pursuing an educational or professional career in Education, Physical
Education, Sports Management, Marketing or Communications are eligible to apply.
A complete list of requirements and guidelines is available at www.hawks.com.

"The Atlanta Hawks organization values the education of our young people as the
key to unlocking powerful potential for the future," said Atlanta Spirit Vice
President of Community Development LaVerne Henderson. "Project GRAD has a proven
reputation in helping students achieve their academic goals, and we're proud to
be a part of this effort and assist students who wish to move on to higher
education."

Project GRAD is a comprehensive, research-based, school-community collaborative
with a record of improving the academic achievement of students from low-income
communities. Project GRAD Atlanta was initiated in 2000 in elementary and two
middle schools that feed into Booker T. Washington High School. The program is
currently operational in 27 schools within two feeder systems impacting over
14,000 students and approximately 1,000 certified teaches, as well as numerous
Atlanta Public Schools instructional staff.