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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 31, 2011, through its subsidiary Anhanguera Educacional Ltda. (“Anhanguera Ltda.”), 100% of the capital of Instituto Grande ABC de Educação e Ensino S/S Ltda. (“IGABC”), and Novatec Serviços Educacionais Ltda. (“Novatec” and, together with IGABC, the “Anchieta Group”) the controlling institutions of Faculdade Anchieta and Faculdade de Tecnologia Anchieta.
The amount paid for 100% of IGABC’s and Novatec’s quotas was R$74.8 million, with a first installment equivalent to 69% of the total, paid at the time of closing and a second installment to be paid upon registration of certain collateral.
Anchieta Group has 12,276 students enrolled in the city of São Bernardo do Campo in the state of São Paulo.
The acquisition marks the strengthening of the Company’s position in the São Paulo Metropolitan Area and is in line with its national expansion plan.
In view of the fact that on December 31, 2010, the Company‘s net book value was R$2,004,760,000 (two billion, four million, seven hundred and sixty 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 31st, 2011.
José Augusto Gonçalves de Araújo Teixeira
Chief Planning Officer and Investor Relations Officer
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