ChinaCast Education to Report Third Quarter Financial Results On November 10, 2008


BEIJING, Oct. 27, 2008 (GLOBE NEWSWIRE) -- ChinaCast Education Corporation (Nasdaq:AST), one of the leading publicly listed for-profit, post-secondary education and e-learning services providers in China, today announced that it will release earnings results for the third quarter ended September 30, 2008, on Monday, November 10, 2008, after the close of the market.

A conference call to discuss the third quarter financial results will be held at 8:00 am U.S. Eastern Time on Tuesday, November 11, 2008 (8:00 pm on November 11, 2008, Beijing/Hong Kong Time). The discussion will feature remarks by Ron Chan, Chairman and Chief Executive Officer, and Tony Sena, Chief Financial Officer.

The dial-in details for the earnings conference call are as follows:



 U.S./Canada Toll Free:  877 675 4756
 International: 719 325 4894

A replay of the conference call will be available at the following numbers from 11:30 am U.S. Eastern Time, Nov. 11, 2008, until midnight U.S. Eastern Time, Nov. 25, 2008.



 U.S./Canada Toll Free: 888-203-1112
 International:  719-457-0820
 Pass Code:  3159341

Additionally, a live and archived version of the earnings call will be available at www.chinacasteducation.com. Please access the website approximately 10 minutes prior to the start time in order to download and install any necessary software.

About ChinaCast Education Corporation

Established in 1999, ChinaCast Education Corporation is a leading for-profit, post-secondary education and e-learning services provider in China. The Company provides its post-secondary degree programs through its 80% ownership in the holding company of the Foreign Trade and Business College of Chongqing Normal University. FTBC offers career-oriented bachelor's degree and diploma programs in business, economics, trade, tourism management, advertising, language, IT and music. These degree and diploma programs are fully accredited by the PRC Ministry of Education. The Company provides its e-learning services to post-secondary institutions, K-12 schools, government agencies and corporations via its nationwide satellite broadband network. These services include interactive distance learning applications, multimedia education content delivery, English language training and vocational training courses. The company is listed on the NASDAQ with the ticker symbol CAST.



            

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