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Anhanguera Educacional Participações S.A. ("Company"), in accordance with Article 157, Paragraph 4 of Law 6,404/76 and CVM Instruction 358/02, announces to shareholders and the general market that it acquired, on March 03, 2011, through its subsidiary Anhanguera Educacional Ltda. (“Anhanguera Ltda.”), 100% of the capital in UNI CTS União de Ensino Superior de Ciência Tecnologia e Saude Ltda., the controlling institution of Faculdade de Ciências e Tecnologia de Brasília (“CTS”). The amount paid for 100% of CTS’ quotas was R$2,200,000.00.
CTS is a recently-accredited college with Ministry of Education’s authorization to enroll up to 880 new students per year in higher education programs such as Business administration, Accounting, Nursing and Education.
Anhanguera believes that the amount paid on this transaction is attractive when compared to the investment needed to establish a greenfield campus with capacity similar to CTS’.
CTS’ acquisition strengthens Anhanguera’s growth prospects in Brasilia, which is one of the core markets in the Company’s plan to expand its post-secondary education offering.
In view of the fact that on September 30, 2010, the Companys net book value was R$1,134,799,000 (one billion, one hundred and thirty-four million, seven hundred and ninetynine thousand), the acquisition does not constitute a relevant investment for Anhanguera Educacional Participações S.A., in accordance with Item I, Article 256 of Federal Law 6,404/76. However, we clarify that the analysis of the applicability of Item II, Article 256 of Law 6,404/76 depends on the preparation of an appraisal report, which has not yet been concluded.
Thus, the Company’s shareholders shall be informed in due course whether a resolution taken by the General Meeting will be necessary in order to approve the acquisition, as well as about the possibility that dissenting shareholders exercise the right to withdraw and the conditions for such, in compliance with the provisions in article 256 of Law no. 6,404/76.
Valinhos, March 3rd, 2011.
José Augusto Gonçalves de Araújo Teixeira
Chief Planning Officer and Investor Relations Officer
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