Issue of Equity

RNS Number:7310M
Europasia Education PLC
27 November 2006


27 November 2006

                             EUROPASIA EDUCATION plc
                            ("EPE" or "the Company")

                                Issue of equity


The Company announces the following issue of equity:
     
*    Notice has been received from Justproperty.com Ltd, which EPE director 
     Simon Littlewood is a director and shareholder of, to exercise 6,500 
     warrants at #1 per share, resulting in the issue of 130,000 new Ordinary 
     Shares of the Company at an exercise price of 5p per share.  Following the 
     exercise of the warrants, Justproperty.com Ltd holds 0.2% of the Company.

*    Notice has been received from Elemental Investments Ltd, a company 
     associated with EPE director Simon Littlewood, to exercise 106,500 warrants 
     at #1 per share, resulting in the issue of 2,130,000 new Ordinary Shares of 
     the Company at an exercise price of 5p per share.  Following the exercise 
     of the warrants, Elemental Investments Ltd holds 3.9% of the Company.

*    Notice has been received from persons connected with Simon Littlewood to 
     exercise 18,500 warrants which convert into 370,000 new Ordinary Shares in 
     the Company at an exercise price of 5p per share.  Following the exercise, 
     those connected persons hold 0.7% of the ordinary issued share capital in 
     the Company.

*    Notice has been received from EPE director Victor Ng and persons connected 
     with Victor Ng to exercise 105,000 warrants which convert into 2,100,000 
     new Ordinary Shares in the Company at an exercise price of 5p per share.  
     Victor Ng, and persons connected to Victor Ng, now hold a total of 
     8,200,000 Ordinary Shares, equal to 3.9% of the issued share capital.

Application will be made to admit the 4,730,000 new Ordinary Shares to trading
on AiM and admission is expected to occur on 6 December 2006. The total number
of issued Ordinary Shares in the Company following the issue will be 53,960,000.

James Holmes, Chief Executive of EPE, said: "We are encouraging the holders of
warrants in the Company to exercise the warrants to bring in additional funds to
the Company to enable us to increase our existing stakes in China Education
Group and Dalian Business Institute, as outlined in our Interim Statement.  We
anticipate increasing our  stages in both DBI and CEG to at least 20% initially,
which will enable us to include our share of their profits in our own accounts,
significantly impacting our reported profits going forward."


For further information visit www.europasiaeducation.com or contact:

James Holmes, Chairman                             Paul Quade
EuropAsia Education plc                            City Road Communications
020 7355 7928                                      020 7248 8010



                      This information is provided by RNS
            The company news service from the London Stock Exchange
END

IOEAKOKBCBDKFDB