RNS Number:5215Z
Europasia Education PLC
08 June 2004



Europasia Education Plc ("EPE" or "the Company") is pleased to announce that
Hoodless Brennan & Partners Plc, the Company's broker, has completed a placing
of 48,000,000 ordinary shares of 1p each at 1.20p, subject to admission to
dealing on AIM.  This has raised #551,000, net of expenses, which will enable
the Company to complete acquisitions currently undergoing due diligence, provide
additional funds for further acquisitions and for additional working capital.



Application has been made to admit the new ordinary shares issued pursuant to
the placing to dealing on AIM and admission is expected on 11 June 2004.  The
total number of issued ordinary shares in the Company admitted to AIM following
the placing will be 168,049,021 ordinary shares.



London Asia Capital plc, whose directors Simon Littlewood, Victor Ng and George
Allnutt are also directors of the Company, has acquired 6.5 million of the
shares issued in the placing at 1.20p per share, increasing its stake in the
Company to 5.6%.



James Holmes, Chief Executive of EPE, said: "This fund raising has substantially
increased the cash available to us for acquisitions here and in Asia, which
should accelerate our investment strategy to take advantage of the number of
opportunities we are currently reviewing in Europe and Asia".



For further information:
James Holmes, Chief Executive                      020 7332 2218
EuropAsia Education                                www.europasiaeducation.com


Paul Quade                                         020 7334 0243
CityRoad Communications






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            The company news service from the London Stock Exchange
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