China Education Alliance (PINK:CEU)

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Tuesday, May 31, 2011

On May 31, 2011, China Education Alliance, Inc. entered into Share Transfer Agreements (the “Agreements”) with the shareholders of Changchun City Chaoyang District Nuoya Foreign Languages School (“Changchun Nuoya”) and Harbin City Nangang District Nuoya Foreign Languages School (“Harbin Nuoya”), two foreign language schools that have a total of 1,000 current students, based in the People’s Republic of China.

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