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Ser Educacional Reports Undergraduate Student Intake Growth of 25.9% in 3Q17

Total intake including graduates reaches 24,900 students, 23.5% up on 3Q16.

Recife, October 23, 2017, Ser Educacional S.A. ("Company") (B3 SEER3, Bloomberg SEER3:BZ and Reuters SEER3.SA), one of the largest private education groups in Brazil and the leader in the Northeast and North regions, hereby announces that it closed its intake process for the third quarter of 2017 with a growth of 25.9% in the enrollment of undergraduate students over 3Q16.

At the close of 3Q17, there were 23,100 new undergraduate students enrolled, versus 18,400 in the same period in 2016. The highlight of the quarter was the distance-learning segment, which reported growth of 77.0%, enrolling 5,700 students, versus 3,200 in 3Q16.

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