New Oriental to Hold Annual General Meeting on March 30, 2017

BEIJING, Feb. 28, 2017 /PRNewswire/ -- New Oriental Education and Technology Group Inc. (the "Company" or "New Oriental") (NYSE: EDU), the largest provider of private educational services in China, today announced that it will hold its annual general meeting of shareholders on March 30, 2017 at 9:00 a.m. (local time), at 42/F, Edinburgh Tower, The Landmark, 15 Queen's Road Central, Hong Kong, China.

No proposal will be submitted for shareholder approval at the annual general meeting.  Instead, the annual general meeting will serve as an open forum for shareholders of record and beneficial owners of the Company's American depositary shares ("ADSs") to discuss Company affairs with management.

The board of directors of the Company has fixed the close of business on February 27, 2017 as the record date (the "Record Date") for determining the shareholders entitled to receive notice of the annual general meeting or any adjournment or postponement thereof.

Holders of record of the Company's common shares at the close of business on the Record Date are entitled to attend the annual general meeting and any adjournment or postponement thereof in person. Beneficial owners of the Company's ADSs are welcome to attend the annual general meeting in person.

The Company has filed its annual report (the "Annual Report"), which includes the Company's audited financial statements for the fiscal year ended May 31, 2016, with the U.S. Securities and Exchange Commission (the "SEC"). The Company's Annual Report can be accessed on the investor relations section of its website at investor.neworiental.org, as well as on the SEC's website at www.sec.gov.

Holders of the Company's common shares or ADSs may obtain a copy of the Company's Annual Report, free of charge, by emailing Ms. Sisi Zhao, Investor Relations Director, at [e-mail] or by writing to:

No. 6 Hai Dian Zhong Street
Haidian District
Beijing 100080
People's Republic of China
Attention: Ms. Sisi Zhao

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://investor.neworiental.org.

For investor and media inquiries, please contact:

In China:

Ms. Sisi Zhao
New Oriental Education and Technology Group Inc.
Tel:  [phone]
Email: [e-mail]

Ms. Cara O'Brien
FTI Consulting
Tel: [phone]
Email: [e-mail]

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SOURCE New Oriental Education and Technology Group Inc.

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