Re: Investment

RNS Number:1699Q
Europasia Education PLC
16 August 2005


August 16 2005


                      CHINESE COLLEGE POSTS RECORD RESULTS
                        IN BOOST FOR EUROPASIA EDUCATION


Shandong International Institute of Translation ("SIIT"), the Chinese college
owned by Ample Gains Investment ("AGI") in which AIM-listed EuropAsia Education
has a 12 per cent stake, has announced record profits for the year to 30 June
2005.

The college in Shandong Province, increased pre-tax income by 61 per cent to 51
million Renmimbi (#3.5 million) on turnover up 61 per cent from 44 million
Renminbi to 71.6 Renminbi (#4.9 million).

SIIT runs diplomas and undergraduate courses in foreign languages, computer
science, IT, international commerce and trade and hospitality and tourism.  It
recently announced the completion of the first phase of its expansion to
increase student numbers from 5,000 to 20,00 by 2007.

Mr Sun, Chairman of AGI said:  "We are extremely pleased with these results.
The demand for places at SIIT continues to rise and confirms our confidence in
investing in the college's expansion.

EPE Chairman, James Holmes, said:  "These excellent results are a reflection of
SIIT's leading market position.  They also provide a sound basis for the planned
admission of SIIT on Ofex, currently being prepared by its adviser London Asia
Capital".


                                     -ends-


For Further information:

James Holmes, Chairman
EuropAsia Education plc           020 7248 7578

Paul Quade                        020 7248 8010
CityRoad Communications           07947 186694



About Shandong International Institute of Translation

Based in Shandong Province, China, SIIT was established in June 1999. It offers
2-3 year-diploma and 4-year-undergraduate degrees courses in foreign languages,
computer science, information technology, international commerce and trade,
hospitality and tourism. There are currently over 8,000 students, based in two
campuses in Shandong Province, China.

The college provides accessible, affordable, high-quality post-secondary
education that prepares students to enter the job market, allows them to
transfer to universities, helps them to study and work abroad, and assists them
in achieving their professional and personal goals.

As the first translation college in Shandong Province, the college provides a
wide variety of language learning and translation programs in English, Chinese,
Korean, Japanese, Russian, French, German, Spanish, Arabic, Italian, Greek and
Esperanto. A strong college transfer program has evolved to allow students the
opportunity to take the first two years of a baccalaureate degree and transfer
to one of the state's four-year institutions. Ninety-six percent of SIIT
graduates are employed or continuing their education within six months of
graduation.  For additional information, see http://www.wsfy.cn/english/
index1.htm


About Europasia Education plc

EPE is an AIM listed education investment group, focused on opportunities in
Europe and Asia.  It owns 100% of Education 2000, an English language and work
experience placement business based in Bournemouth, UK, and Columbia
International, trading under the name Management International, an education
consulting and work placement business based in London.



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            The company news service from the London Stock Exchange
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