Material Fact
Kroton Educacional S.A. (“Company”), pursuant to article 157, item 4 of Law 6,404/76 and CVM Instruction 358/02, hereby informs its shareholders and the market that on December 12th, 2007, it acquired, through its subsidiary Editora e Distribuidora Educacional Ltda., 100% (one hundred per cent) of the capital stock of União Metropolitana de Ensino Paranaense Ltda., located in the city of Londrina, state of Paraná.
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