NOTICE TO THE MARKET

Valinhos, September 20, 2010.

Pursuant to Directive Release CVM/SGE/001/03 of January 22, 2003 issued by the Brazilian Securities Commission and Article 12, caput, of CVM Rule 358 of January 3, 2002, Anhanguera Educacional Participações S.A. (“Anhanguera” or “Company”) (Bovespa: AEDU11) announces that it received a correspondence from Pátria - Brazilian Private Equity Fund III FIP, corporate taxpayer’s ID (CNPJ) 09.225.839/0001-00, via mail dated September 17, 2010, informing that it decreased its shareholding position in Anhanguera.

Pátria - Brazilian Private Equity Fund III FIP informed that it decreased its position in 5,060,000 shares, equivalent to 4.1% of the total capital and 5.3% of the non-voting shares of the Company.

Pátria - Brazilian Private Equity Fund III FIP also informed that (i) the Brazil Education Fund - FIP, controlling shareholder of the Company, also managed by Pátria, has maintained its shareholder position unaltered in 2010 with 63% of voting shares and 24% of the total capital; and (ii) the partners of Pátria increased their shareholders positions in the Company over the last 12 months, and have, as of this date, a direct stake equivalent to 1% of the total capital of the Company.

Pátria - Brazilian Private Equity Fund III FIP also clarified that this reduction was decided only for investment reasons, and it does neither aim at changing the Management, the controlling structure nor the regular operation of the Company.

Yours faithfully,

José Augusto Gonçalves de Araújo Teixeira
Chief Planning Officer & Investor Relations Officer

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