Acquisition

AEC Education plc
11 September 2007

AEC Education plc

11th September 2007





                               AEC Education plc



           Acquisition of 51% of Asia-Australia School of Management



AEC Education plc ('AEC' or 'the Company'), is pleased to announce the
acquisition of 51% of Asia-Australia School of Management Pte Ltd ('AASM'),
incorporated and operating in Singapore.

AASM is a private education provider based in Singapore which recruits students
from China for its Business Management and Logistics program.  AASM has
operations in Shenzhen and Changchun in China which are focused on student
recruitment, adult education and placement and advisory services.

The school currently has 200 students and is projected to grow significantly in
2008. The company made an audited profit-after-tax of SGD$128,644 (approximately
£42,000) for the year ended 31 December 2006 and had audited net assets of
SGD$221,387 (approximately £73,000) at 31 December 2006.

The cost of the acquisition is SGD$331,500 (approximately £110,000) which will
be settled by the issue of new AEC ordinary shares at a price of 11p per share
at an exchange rate of £1= SGD$ 3.02. The total number of new ordinary shares
issued will be 997,893.  Fifty per cent. Of the new ordinary shares (498,946
ordinary shares) will be issued to AASM shareholders immediately.  The remainder
will be paid in equal tranches over the next two years subject to the
achievement of a target profit of SGD$185,000 (approximately £60,000) per year
over the next two years.  If the profit target is not achieved, the number of
shares will be reduced proportionately.

Mr. David Ho, CEO of AEC Edu Group Pte Ltd, said 'This is another small
synergistic acquisition in line with AEC's strategy. China is rapidly expanding
its education and training in preparation for the Beijing Olympics in 2008 and
the Shanghai World Expo in 2010. The country is urgently preparing its citizens
for the bilingual requirements of these two mammoth events. With this
acquisition, AEC will be well-poised to take advantage of the market opportunity
that this demand represents.'

The 498,946 new ordinary shares issued as a result of the acquisition will rank
parri passu with the Company's existing ordinary shares of 10p each in issue.
AEC has made application for admission to trading on AIM of the 498,946 new
ordinary shares and trading in the new ordinary shares is expected to commence
on 17 September 2007.  Following this issue, the Company's total number of
issued ordinary shares will be 15,414,988.





                                    **End**


For further information please visit www.aeceduplc.co.uk or enquire to:

Mr Haider M Sithawalla
AEC Edu Group Pte Ltd
Tel: [phone]
Fax: [phone]
Email: [e-mail]

Nabarro Wells & Co Limited
Tel: [phone]
David Nabarro, Anthony Rowland


About AEC Education Plc

AEC is the UK holding company for a number of companies, founded in 1985 in
Singapore and Malaysia that provide business educational services to
approximately 16,000 students in the Asia-Pacific region: the fastest-growing
source market for international students.

The AEC Group offers class-based instruction at the largest educational campus
in Singapore's Central Business District and distance learning up to
postgraduate level.  In addition, it provides degree qualifications on behalf of
several leading international universities, targeting the large volume of
overseas students that the Singaporean government has announced in the Global
Schoolhouse Vision it intends to increase.

AEC's aim is to be a leader in quality education through facilitating learning,
fostering creativity and developing knowledge, skills and confidence in its
students.  Its receipt of four Singapore Quality Class Awards shows the Group's
recognition by the Singaporean Government as a prestigious and forward-moving
company.

In August 2006, AEC was awarded the CaseTrust for Private Education

Organizations, a student protection scheme for foreign students.  This is a
further step by AEC in its recognition as a quality provider in the education
industry.






                      This information is provided by RNS
            The company news service from the London Stock Exchange