CONFIRMING STATEMENT
This statement confirms that Jay C. Hoag, Richard H. Kimball, John L. Drew, Jon
Q. Reynolds, Jr., William J.G. Griffith IV, Robert W. Trudeau, Christopher P. Marshall,
Timothy P. McAdam, John C. Rosenberg, David L. Yuan, Technology Crossover Management VII, L.P.,
Technology Crossover Management VII, LTD.,TCV VII, L.P., TCV VII (A), L.P.
and TCV Member Fund, L.P. ("Filers"), have authorized and designated Robert C. Bensky,
Carla S. Newell, Patrick D. Reilly and Frederic D. Fenton to execute and file on
the Filers' behalf all Forms 3, 4 and 5 (including any amendments thereto) that the Filers
may be required to file with the U.S. Securities and Exchange Commission as a result of
the Filers' ownership of or transactions in securities of K12, Inc. The
authority of Robert C. Bensky, Carla S. Newell, Patrick D. Reilly and Frederic D. Fenton under
this statement shall continue until the Filers are no longer required to file Forms 3, 4 and 5
with regard to their ownership of or transactions in securities of K12, Inc., unless revoked in
writing. The Filers acknowledge that Robert C. Bensky, Carla S. Newell, Patrick D. Reilly and Frederic D. Fenton
are not assuming any of the Filers' responsibilities to comply with Section 16 of the Securities
Exchange Act of 1934.
Date: April 27, 2011
s/ Jay C. Hoag
Jay C. Hoag
s/ Richard H. Kimball
Richard H. Kimball
s/ John L. Drew
John L. Drew
s/ Jon Q. Reynolds, Jr.
Jon Q. Reynolds, Jr.
s/ William J. G. Griffith IV
William J.G. Griffith IV
s/ Robert W. Trudeau
Robert W. Trudeau
s/ Christopher P. Marshall
Christopher P. Marshall
s/ Timothy P. McAdam
Timothy P. McAdam
s/ John C. Rosenberg
John C. Rosenberg
s/ David L. Yuan
David L. Yuan
s/ Technology Crossover Management VII, L.P.
Technology Crossover Management VII, L.P.
s/ Technology Crossover Management VII, LTD.
Technology Crossover Management VII, LTD.
s/ TCV VII, L.P.
TCV VII, L.P.
s/ TCV VII (A), L.P.
TCV VII (A), L.P.
s/ TCV Member Fund, L.P.
TCV Member Fund, L.P.