New Oriental to Enhance Elite English Programs

Plans to Expand Elite English Centers into Additional Major Chinese Cities

BEIJING, Jan. 16 /Xinhua-PRNewswire/ -- New Oriental Education and Technology Group Inc. (NYSE: EDU), the largest provider of private educational services in China, today announced that it will enhance its Elite English programs by introducing state-of-the-art English language training software and developing new supplementary teaching materials.

New Oriental's enhanced Elite English programs, which offer a combination of self-study computer-based learning and small group classes led by New Oriental's highly trained teachers, will incorporate DynEd International Inc.'s proprietary English language training software and accompanying teaching materials co-developed by the two companies. New Oriental will license DynEd's English language training software in mainland China for a period of 6 years and will also collaborate to explore other high-growth opportunities in China's private education market including professional certification and vocational training.

"Our enhanced Elite English programs will offer students award winning English language training technology combined with personalized tutoring," said Michael Yu, New Oriental's Chairman and Chief Executive Officer. "In addition, the software's scalability will allow us to rapidly expand our popular Elite English programs into other prosperous tier-one and tier-two cities throughout China."

New Oriental's Elite English programs are designed to meet the nascent demand for high-end, personalized English language training among China's high-income individuals, and children of high income families. Currently, New Oriental operates 5 Elite English centers in Beijing and plans to expand the program into a number of affluent tier-one and tier-two cities during the next two years.

"We are very excited to cooperate with the best known private education company in China," said Ian Adam, DynEd's Chief Executive Officer. "Our highly acclaimed software is the perfect complement to New Oriental's renowned English teaching methodology and we are confident that China's students will benefit from our cooperation."

About DynEd

DynEd International, Inc. was founded in 1987 by a dedicated team of language teachers, engineers, and artists. It produced and brought to market the world's first language-teaching CD-ROM and received a patent for its innovative design. Now, in its twentieth year, DynEd has the world's most comprehensive lineup of award-winning computer-based English Language Teaching (ELT) solutions. For more information about DynEd please visit http://www.dyned.com .

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." For more information about New Oriental, please visit http://english.neworiental.org .

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 January 16, 2007, and New Oriental undertakes no duty to update such information, except as required under applicable law.

For investor and media inquiries, please contact:

In China:

Ms. Sisi Zhao

New Oriental Education and Technology Group Inc.

Tel: +86-10-6260-5566 x8203

Email: zhaosisi@staff.neworiental.org

Mr. Rory Macpherson

Ogilvy Public Relations Worldwide

Tel: +86-10-8520-6553

Email: rory.macpherson@ogilvy.com

In the United States:

Mr. Thomas Smith

Ogilvy Public Relations Worldwide

Tel: +1-212-880-5269

Email: thomas.smith@ogilvypr.com