Chinaedu Scheduled Extraordinary General Meeting of Shareholders for March 06, 2

BEIJING – February 17, 2009 – ChinaEdu Corporation (NASDAQ: CEDU) ("ChinaEdu" or "the Company"), a leading educational services provider in China, announced that it will hold an Extraordinary General Meeting of Shareholders on Friday, March 06, 2009 at 10:00 a.m. local time in its Beijing headquarters, located at 4th Floor-A, GeHua Building, Qinglong Hutong No.1, Dongcheng District, Beijing, China 100007.  Shareholders of record at the close of business on January 28, 2009 will be entitled to receive notice of and to vote at the meeting or by proxy.

At the Extraordinary General Meeting, shareholders will be asked to vote to approve certain amendments to the Company’s Equity Incentive Plan (the “Plan”), which will, among other things, provide for the administration of the Plan by the Compensation Committee of the Board of Directors, delegate to the Compensation Committee the authority to amend or modify outstanding awards under the Plan, including the exercise price and Fair Market Value of options, interpreting the Plan, correcting any inconsistency in the Plan, making all other decisions relating to operation of the Plan and eliminating the requirement that subsequent amendments to the Plan be submitted for shareholder approval. 

Additional information is available in the proxy materials sent out by the Company to the holders of our ordinary shares and by The Bank of New York, as depositary, to holders of our American Depositary Shares, each representing three ordinary shares.

About ChinaEdu

ChinaEdu Corporation is an educational services provider in China, incorporated as an exempted limited liability company in the Cayman Islands.  Established in 1999, the Company’s primary business is to provide comprehensive services to the online degree programs of leading Chinese universities.  These services include academic program development, technology services, enrollment marketing, student support services and finance operations.  The Company’s other lines of business include the operation of private primary and secondary schools, online interactive tutoring services (101 Online School) and providing marketing and support for international curriculum programs.

The Company believes it is the largest service provider to online degree programs in China in terms of the number of higher education institutions that are served and the number of student enrollments supported.  The Company currently has strategic relationships with 22 universities to operate online degree programs, 12 of which are under long-term, exclusive contracts that vary from 15 to 50 years in length.

For investor and media inquiries, please contact:

Helen Plummer
Senior Investor Relations Coordinator
ChinaEdu Corporation
Phone: +1 908-442-9395
E-mail: helen@chinaedu.net

Simon Mei
Chief Financial Officer
ChinaEdu Corporation
Phone: +86(10)84187301
E-mail: simon@chinaedu.net

BACK TO TOP