EPE Europasia

RNS Number:3971O
Europasia Education PLC
04 July 2005


4 July 2005


                EuropAsia Education plc ("EPE" or "the Company")

EuropAsia Education plc ("EPE"), the AIM-listed education investment group, is
pleased to announce that Shandong International Institute of Translation ("SIIT
"), the Chinese university in whose management company EPE invested #1 million
in February 2005 for an 12% shareholding, has significantly expanded its
capacity and won a series of prestigious awards.

SIIT has completed the first phase of the expansion of its campus at Weihai,
which gives capacity for an additional 5,000 students in time for the start of
the new academic year in September.

The remaining two phases of the expansion, which will enable the campus to take
15,000 students in total, are projected to be completed in 2006 and 2007.
SIIT's other campus in Jinan can accommodate 5,000 students, bringing to 20,000
the number of students SIIT can accept once all construction is complete.

EPE had an option to increase it's stake in Ample Gains Investment ("Ample Gain
"), the management company for SIIT, to 20 per cent which expired on 30 June
2005, however, the owner of Ample Gain has agreed to consider an extension for a
further period and the detailed terms are now being agreed.

SIIT has won a series of important awards, recognizing the quality of the
business and the courses offered.  It has been named "The Campus School of
Foreign Language of China" and "The Campus School of Internationalised Talents
Training of China".   It was also named as one of the "Most Promising Private
Universities for Obtaining Employment in China" by the Education Changing China
project, which is supported by the Chinese Ministry of Education, UNESCO and
China Education TV.  SIIT's principal, Mr Sun, was also named one of the "Top 10
Outstanding People of Private Universities".

Mr. Sun, principal of SIIT, said: "The expansion of the campus facilities
removes the bottleneck which has limited the development of SIIT to date, as
existing facilities have been operating at capacity."

EPE Chairman, James Holmes, said: "We are delighted that SIIT and its principal
have been recognised for their excellence, which reflect our confidence in the
management to continue to expand the business.  The increase in capacity should
increase existing profitability, greatly enhancing the value of our investment."

                                     -ends-

For further information:

James Holmes, Chairman                             020 7248 7578
EuropAsia Education plc

Paul Quade                                         020 7248 8010
CityRoad Communications                            07947 186694

About Shandong International Institute of Translation

Based in Shandong Province, China, SIIT was established in June 1999. It offers
2-3 year-diploma and 4-year-undergraduate degrees courses in foreign languages,
computer science, information technology, international commerce and trade,
hospitality and tourism. There are currently over 8,000 students, based in two
campuses in Shandong Province, China.

The college provides accessible, affordable, high-quality post-secondary
education that prepares students to enter the job market, allows them to
transfer to universities, helps them to study and work abroad, and assists them
in achieving their professional and personal goals.

As the first translation college in Shandong Province, the college provides a
wide variety of language learning and translation programs in English, Chinese,
Korean, Japanese, Russian, French, German, Spanish, Arabic, Italian, Greek and
Esperanto. A strong college transfer program has evolved to allow students the
opportunity to take the first two years of a baccalaureate degree and transfer
to one of the state's four-year institutions. Ninety-six percent of SIIT
graduates are employed or continuing their education within six months of
graduation.  For additional information, see http://www.wsfy.cn/english/
index1.htm

About Weihai Campus

Weihai campus is located on the beautiful Silver Beach of Rushan, an AAAA
national class resort in Weihai city, Shandong Province. Weihai is one of only
two cities in China that have been awarded "the Best Cities to Live" by the
United Nations.


About Europasia Education plc

EPE is an AIM listed education investment group, focused on opportunities in
Europe and Asia.  It owns 100% of Education 2000, an English language and work
experience placement business based in Bournemouth, UK, and Columbia
International, trading under the name Management International, an education
consulting and work placement business based in London.




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