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In many cases, the end of the year gives you time to step back and take stock of the last 12 months. This is when many of us take a hard look at what worked and what did not, complete performance reviews, and formulate plans for the coming year. For me, it is all of those things plus a time when I u...
SYS-CON.TV
New Oriental Issues Clarification on Market Activity

BEIJING, Dec. 6, 2012 /PRNewswire/ -- New Oriental Education and Technology Group Inc. (the "Company" or "New Oriental") (NYSE: EDU) is the largest provider of private educational services in China. In view of the continued market activity in the Company's ADS, New Oriental would like to clarify that even though the Company's independent auditor is Deloitte Touche Tohmatsu CPA Ltd., the Company is not the Deloitte Touche Tohmatsu client referred to by the U.S. Securities and Exchange Commission in its proceedings initiated against the five accounting firms in China.

About New Oriental

New Oriental is the largest provider of private educational services in China based on the number of program offerings, total student enrollments and geographic presence. New Oriental offers a wide range of educational programs, services and products consisting primarily of English and other foreign language training, test preparation courses for major admissions and assessment tests in the United States, the PRC and Commonwealth countries, primary and secondary school education, development and distribution of educational content, software and other technology, and online education. New Oriental's ADSs, each of which represents one common share, currently trade on the New York Stock Exchange under the symbol ''EDU.''

For more information about New Oriental, please visit http://english.neworiental.org.

Contacts

For investor and media inquiries, please contact:

Ms. Sisi Zhao
New Oriental Education and Technology Group Inc.
Tel: +86-10-6260-5568
Email: zhaosisi@xdf.cn

Mr. Nick Beswick
Beijing Brunswick Consultancy Ltd.
Tel: +86-10-5960-8600
Email: edu@brunswickgroup.com

SOURCE New Oriental Education and Technology Group Inc.

About PR Newswire
Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

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