ChinaCast Education to Report Second Quarter Financial Results on August 12, 2008


BEIJING, July 28, 2008 (PRIME NEWSWIRE) -- ChinaCast Education Corporation (Nasdaq:CAST), one of the leading publicly listed for-profit, post-secondary education and e-learning services providers in China, today announced that it will release earnings results for the second quarter ended June 30, 2008, on Tuesday, August 12, 2008, after the close of the market.

A conference call to discuss the second quarter financial results will be held at 8:30 am U.S. Eastern Time on Wednesday, August 13, 2008 (8:30 pm on August 13, 2008, Beijing/Hong Kong Time). The discussion will feature remarks by Ron Chan, Chairman and CEO, and Tony Sena, CFO.


 Conference Call Information        Replay Details
 Date: Wednesday, August 13, 2008   The replay will be available from
 Time: 8:30 am ET*                   11:30 am ET* Aug. 13, 2008, until
                                     midnight ET* Aug. 27, 2008


 Conference Dial In Numbers:        Conference Replay Dial In Numbers:
 US/Canada Toll Free:               US/Canada Toll Free:
   +1 877 604-9671                   1 888-203-1112
 International: +1 719 325-4900     International:  +1 719 457-0820
                                    Pass Code:  8994753

 Live Webcast:
 www.chinacasteducation.com         Web Replay:
 *ET = US Eastern Time              www.chinacasteducation.com

Please access the website approximately 10 minutes prior to the start time in order to download and install any necessary software.

About ChinaCast Education Corporation

Established in 1999, ChinaCast Education Corporation is one of the leading publicly listed for-profit, post-secondary education and e-learning services providers in China. With now over 1,200 employees, the company provides undergraduate degree courses to more than 10,400 on-campus students and e-learning services to over 7,000 post-secondary distance learning centers, K-12 schools and government/corporate training sites over its nationwide distance learning network. The Company provides its undergraduate degree programs through its 80% ownership in the Foreign Trade and Business College (FTBC) of Chongqing Normal University. FTBC offers career-oriented 4-year bachelor's degree and 2-year diploma programs in business, economics, trade, tourism management, advertising, language, IT and music. These degree and diploma programs are fully accredited by the PRC Ministry of Education. The Company provides its e-learning services via its nationwide satellite broadband network to leading post-secondary educational institutions, K-12 schools, government agencies and corporate enterprises. These services include interactive distance learning applications, multimedia education content delivery, English language training and vocational/career training courses. The company is listed on the NASDAQ with the ticker symbol CAST.



            

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