New Oriental Issues Statement in Response to Name Confusion

New Oriental Issues Statement in Response to Name Confusion

December 19, 2006

    BEIJING, Nov. 29 /Xinhua-PRNewswire/ -- New Oriental
Education and 
Technology Group Inc. (NYSE: EDU), the largest provider of
private 
educational services in China, today issued a statement to
clarify some 
market confusion between the name of the Company and the
privately held 
Oriental Standard.
    "To be clear, New Oriental has no affiliation with
Oriental Standard, 
which recently announced that it has raised a round of
venture capital 
financing," said New Oriental's Chairman and Chief
Executive Officer Mr. 
Michael Yu. Mr. Yu noted that Oriental Standard was spun
off from New 
Oriental Education and Technology Group in 2005. 

    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 four common
shares, currently 
trade on the New York Stock Exchange under the symbol
"EDU."

    Safe Harbor Statement
    This announcement contains forward-looking statements.
These statements 
are made under the "safe harbor" provisions of
the U.S. Private Securities 
Litigation Reform Act of 1995.  These forward-looking
statements can be 
identified by terminology such as "will,"
"expects," "anticipates," 
"future," "intends," "plans,"
"believes," "estimates" and similar 
statements. Statements that are not historical facts,
including statements 
about New Oriental's beliefs and expectations, are
forward-looking 
statements.  Forward-looking statements involve inherent
risks and 
uncertainties.  Information regarding these risks and
uncertainties is 
included in our registration statement on Form F-1 and
other documents filed 
with the Securities and Exchange Commission.  New Oriental
does not undertake 
any obligation to update any forward-looking statement,
except as required 
under applicable law.  All information provided in this
press release is as 
of November 29, 2006, and New Oriental undertakes no duty
to update such 
information, except as required under applicable law.



    For more information, please contact:

    In China:
     Ms. Sisi Zhao
     New Oriental Education and Technology Group Inc.
     Tel:   [phone] x8203
     Email: [e-mail]

     Mr. Rory Macpherson
     Ogilvy Public Relations Worldwide
     Tel:   [phone]
     Email: [e-mail]

    In the United States:
     Mr. Thomas Smith
     Ogilvy Public Relations Worldwide
     Tel:   [phone]
     Email: [e-mail]



SOURCE  New Oriental Education and Technology Group Inc. 
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