Item 5.02 Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On September 12, 2008, The Advisory Board Company (the "Company") entered into
employment agreements with Frank J. Williams, the Company's Executive Chairman,
Robert W. Musslewhite, the Company's Chief Executive Officer and a member of its
Board of Directors, and David L. Felsenthal, the Company's President, on
substantially the same terms described in the Company's Current Report on Form
8-K filed with the Securities and Exchange Commission on May 8, 2008. The
descriptions of the employment agreements in the Company's prior filings with
the SEC are qualified by reference to the employment agreements, copies of which
will be filed as exhibits to the Company's next periodic report or registration
statement filed with the SEC.
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