（2012年10月1日，北京）中国最大的私立教育机构新东方教育科技集团（下面简称“公司”或者“新东方”）(NYSE：EDU)今天宣布，就浑水公司在2012年7月18日发表的报告中对新东方提出的多项指控，新东方董事会的特别委员会已经完成了独立调查，调查结果表明，没有发现任何重要证据支持这些指控。新东方此前宣布，新东方于2012年7月20日成立特别委员会，由公司的三位独立董事李廷斌、李彦宏和杨壮博士组成。特别委员会同时聘请美国盛信律师事务所作为独立律师协助其对浑水报告中所提到的一些指控进行独立评估。美国盛信律师事务所随后聘请了安永国际会计公司和通商律师事务所协助调查。

(On October 1, 2012,Beijing)China's largest private education institutions new Oriental education technology group(Below referred to as"The company"or"New Oriental")(NYSE:EDU)Today announced,Is muddy water company in 18 July 2012 report, published in the new Oriental proposed several charges,The board of directors of the new Oriental special committee has completed the independent investigation,The results show that,Did not find any important evidence to support these charges.New Oriental previously announced,New Oriental on July 20, 2012 established special committee,The company's three independent directors LiTingBin/Interviewees and YangZhuang of dr.Special committee at the same time employ the United States ChengXin law firm lawyers to help as an independent of the muddy water report mentioned in some of the charges, an independent evaluation.The United States ChengXin law firm then employed the international accounting firm ernst &young and treaty law firm to assist in the investigation.

　　此次独立调查，特别委员会和美国盛信律师事务所主要针对浑水报告中提到的三个核心指控，概括如下：（1）指控新东方的一些或者全部学校实际上是特许加盟（franchises-in-disguise），因此，新东方报告了不实的学校数目和总收入；（2）指控新东方的财务报表没有准确反映北京海淀学校交纳的企业所得税；（3）指控新东方不适当地将不同利益实体及其子公司（总称 “VIE可变利益实体”）的财务数据并入公司的报表，因为根据美国一般公认会计准则（U.S. GAAP），新东方对这些VIE可变利益实体没有足够的控制权，不能将其财务数据并入公司报表。特别委员会的调查范围没有包括浑水报告中没有具体证据的泛泛指控。　　?

The independent survey,Special committee and the United States ChengXin law firm is aimed at muddy water mentioned three core charges,Summed up as follows:(1)Accused of new Oriental's some or all of the school is in fact the concession(Franchises - in - disguise),therefore,New Oriental reported false school number and total revenue;(2)Accused of new Oriental's financial statements not accurately reflect Beijing haidian schools pay enterprise income tax;(3)Accused of new Oriental unsuitably will different interest entity and its subsidiaries(floorboard "VIE variable interest entities")Financial data merge into the company's statements,Because according to the generally accepted accounting principles(U.S. GAAP),New Oriental to these VIE variable interest entities do not have enough control,Not to be its financial data merge into the company statement.Special committee survey range does not include muddy water report no concrete evidence of general charges.?

　　经调查，特别委员会在“特许加盟”问题上没有发现任何明显证据支持浑水的上述指控。特别委员会收集的证据表明，新东方对其55家学校及其相关学习中心拥有所有权。新东方与21家第三方进行的品牌“合作协议”是完全不同的商业安排，没有实质影响，而且也已经在公司财务报表中合适的体现出来。　　?

After investigation,Special committee in"Franchise has"Problems found no clear evidence to support the accused of muddy water.Special committee's collection of evidence,New Oriental to its 55 home school and its related learning center ownership.New Oriental and 21 in a third party to undertake brand"Cooperation agreement"Is completely different business arrangement,Does not affect,But also has in the company's financial statements reflected the right.?

　　在税务问题上，特别委员会在独立调查中没有发现任何明显的证据支持浑水的上述指控。　　?

In tax issues,Special committee in the independent investigation found no clear evidence to support the accused of muddy water.?

　　特别委员会了解美国证券交易委员会的公司财务部正在评估新东方将VIE可变利益实体的财务数据并入公司财务报表的情况。因此，特别委员会对这一情况的调查也将持续。

Special committee to understand the United States securities and exchange commission company finance department are assessing new Oriental will VIE variable interest entity financial data into the company's financial statements.therefore,Special committee for this situation investigation will continue.

　　新东方将在关于VIE可变利益实体的问题上继续配合美国证券交易委员会的工作。同时，新东方将向美国证券交易委员会提交12b-25表格，以根据美国1934年证券交易法自动延缓提交新东方按20-F表格准备的2012财年年报（新东方的财年于5月31日结束）。

New Oriental will VIE variable interest entities about the issues continue to cooperate with the United States securities and exchange commission work.At the same time,New Oriental will submit to the United States securities and exchange commission 12 b - 25 form,According to the United States in the securities exchange act of 1934 automatic delay submit new Oriental by 20 - F form prepared in fiscal year 2012 annual report(The new Oriental school on May 31, fiscal year end).

　新东方简介 Introduction to new Oriental

　　新东方教育科技集团是中国最大的著名私立教育服务机构，拥有培训课程、培训人次和分支机构保有量三项全国第一。集团以英语及其他外语培训为核心，提供大量针对美国、中国和英联邦国家的主要入学考试及能力考试，以及中小学教育的培训课程、服务与产品，是一家集教育培训、教育研发、图书杂志、影像出版、出国留学服务、职业教育、在线教育、教育软件研发等于一体的大型综合性教育科技集团。新东方教育科技集团的美国存托凭证在美国纽约证券交易所上市，交易代码为 “EDU”。欲查询更多新东方信息，敬请登陆：http://english.neworiental.org。

New Oriental education science and technology group is China's largest famous private education service agencies,Have training courses/Training people and branch offices has three national first.Group to English and other foreign language training as the core,To provide a large number of aimed at the United States/China and commonwealth of the country's main entrance examination and ability test,Primary and middle school education and training courses/Service and product,Is a collection of education training/Education research and development/Book and magazine/Image publishing/Studying abroad service/Vocational education/Online education/Education software development is a large comprehensive education technology group.New Oriental education technology group of American depository receipt in the United States, the New York stock exchange listed,Transaction code for "EDU".More information to inquires new Oriental school,Please landing:http://english.neworiental.org.

安全港申明 Safe harbor statement

　　本公告含有前瞻性陈述。这些陈述符合美国1995年《私人证券诉讼改革法》关于“安全港”条款的规定。这些前瞻性陈述含有“将”，“期望”，“预计”，“未来”，“打算”、“计划”、“相信”和“估计”等词汇或类似陈述。新东方可能在若干情况下作出了书面或口头的前瞻性声明，如在向美国证券交易委员会提交的报告，向股东提交的年度报告，新闻稿，以及由公司的管理人员、董事或雇员向第三方提供的书面材料或口头声明中。所有前瞻性声明均涉及内在的风险和不确定性。所有不是历史事实的声明，包括关于新东方的计划或期待的陈述，都是前瞻性陈述。相当一些重要因素均可能导致实际结果与任何前瞻性声明中包含的预期结果之间产生重大差异。更多关于这些及其他风险的信息包括在新东方按20-F表格准备的年度报告中，以及其他向美国证券交易委员会提交的文件中。本新闻稿中提供的所有信息均截至于新闻稿发布日期，除非法律另有要求，新东方不承担更新这些信息的义务。

The announcement contains forward-looking statements.These statements accord with the United States in 1995[The private securities litigation reform act]about"Safe harbor"Provisions of the.These forward-looking statements contain"will","expect","Is expected to","The future","Going to"/"plan"/"believe"and"estimate"And vocabulary or similar statements.New Oriental may in some circumstances made a written or verbal forward-looking statements,As in the United States securities and exchange commission to report submitted,Submit annual report to shareholders,Press releases,And the company's management personnel/Director or employee to a third party to provide the written material or verbal statement.All forward-looking statements are involved in internal risk and uncertainty.All is not historical fact statement,Including about new Oriental plan or expect statement,Are forward-looking statements.Quite a few important factors could all cause actual results with any forward-looking statements contained in the expected results have great differences between.More about these and other risk information included in the new Oriental by 20 - F form ready to annual report,And the other to the United States securities and exchange commission submitted documents.This press release to provide all the information in the press release all the release date,Unless otherwise requirements,New Oriental is not liable for update the information of the obligation.