RAFFLESEDUCATIONCORP SIGNS AGREEMENT WITH LANGFANG FENGHE INTERNATIONAL GOLF CLUB CO., LTD. FOR THE SALE OF LAND AND PROPERTIES LOCATED IN LANGFANG DEVELOPMENT ZONE, HEBEI PROVINCE, THE PRC

Langfang, Hebei, People's Republic of China and Singapore, March 1, 2012 - Raffles Education Corporation Limited ("RafflesEducationCorp", "the Company" or "the Group"), the largest private education provider in the Asia Pacific region, today announced that its subsidiary, Hebei Oriental Zhuyun Property Development Co., Ltd.
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