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CDEL to Offer Self-Taught Higher Education Study Process Monitoring Program in Guangxi Province

BEIJING, Nov. 22, 2010 /PRNewswire-Asia-FirstCall/ -- China Distance Education Holdings Limited (NYSE: DL)  ("CDEL"  or  the  "Company"),  a  leading  provider  of online education in China focusing on professional education, today announced that it has obtained approval to offer its study process monitoring program in Guangxi Province, and has signed a three-year exclusive contract  with the Guangxi Provincial Education Examination Authority ("Guangxi EEA"), the designated administrator of self-taught higher education in Guangxi Province, to offer the program.

As part of the agreement, CDEL and Guangxi EEA will jointly develop and operate a new self-taught study process monitoring supplementary education online platform, guangxi.zikao365.com.

The self-taught higher education program is a self-study program designed to allow learners in China to obtain post-secondary education without having to pass the Uniform Entrance Exams ("Gaokao") or attend a traditional college or university. Degrees are granted by the Ministry of Education ("MOE") to self-taught learners who have passed all exams relating to the diploma or degree courses and who satisfy certain other requirements. Traditionally, 100% of the credits needed to pass self taught programs are earned through final exam scores administered by the MOE. Through CDEL's study process monitoring program, learners can earn up to 30% of their credits from attendance, assignments and quizzes. The program is designed to foster meaningful learning habits and strengthen the overall educational process.

Mr. Zhengdong Zhu, Chairman and CEO of CDEL commented, "We are pleased to announce the continued expansion of our self-taught program with this new partnership with the Guangxi EEA.  As one of our main business development initiatives, we have focused our efforts on expanding our geographical footprint in key self-taught higher education markets in an effort to establish a strong market position.  With the addition of Guangxi Province and the recent platform development contract signed with Sichuan Province, we are now active in nine self-taught higher education markets, representing a total addressable market of over 4 million students.  As competition in this segment remains limited, and as many of our self-taught higher education contracts have been awarded on an exclusive basis, we believe we are well positioned to command a leading market share as we begin to roll out the program in more provinces.  With over 54,000 enrollments in fiscal year 2010, our self-taught initiative is clearly gaining momentum.  We believe that the long-term growth potential from this segment is strong, and we expect the program to grow at an accelerated pace in the coming year."

About China Distance Education Holdings Limited

China Distance Education Holdings Limited is a leading provider of online education in China focusing on professional education. The courses offered by the Company through its websites are designed to help professionals and other course participants obtain and maintain the skills, licenses and certifications necessary to pursue careers in  China  in  the  areas  of  accounting,  law,  healthcare,  construction  engineering, information technology and other industries. The Company also offers online test preparation courses to self-taught learners pursuing higher education diplomas or degrees and to secondary school and college students preparing for various academic and entrance exams.  In addition, the Company offers online foreign language courses, offline GaoKao retake courses and offline business start-up training courses.  For further information please visit http://ir.cdeledu.com.

Contacts:




China Distance Education Holdings Limited


Lingling Kong, IR Manager


Tel: +86-10-8231-9999 x1805


Email: IR@cdeledu.com




Investor Relations (HK):


Ruby Yim, Managing Director


Taylor Rafferty


Tel: +852-2167-2008


Email: cdel@taylor-rafferty.com




Investor Relations (US):


Mahmoud Siddig, Director


Taylor Rafferty


Tel: +1 (212)889-4350


Email: cdel@taylor-rafferty.com



Source: China Distance Education Holdings Ltd
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