[New Oriental Announces Formation of Independentecialmmittee Beijing, July20, 2012 previously stated, New Oriental believes that the Muddy Waters reportntains numerous errors of facts, misleadingeculations and malicious interpretations of events. Nevertheless, in order to provide the highest level of transparency to its shareholders, the board of directors of thempany decided to form the independentecialmmittee to review] [New Oriental Announces Senior Management Share Purchase Plan Beijing, July20, 2012 Michael Minhong Yu, Chairman and Chief Executive Officer of New Oriental,mmented, we remainnfident in the long-term prospects of New Orientals business and this share purchase plan demonstrates ournfidence.out New Orientalfe Harbor Statement 1ntacts For investor and media inquiries, pleasentact:]

[New Oriental Responds to the Muddy Waters Report STYLE="font-family:Times New Roman" SIZE="2"> Beijing, July19, 2012 New Oriental stands firmly by its statement thatl of the 664hools and learning centers of May31, 2012 were and, are, its own previously disclosed, New Oriental had 664mpany owned and operatedhools and learning centers of May31, 2012. The Muddy Waters]

[New Oriental Announces Formation of Independentecialmmittee STYLE="font-family:Times New Roman" SIZE="2"> Beijing, July20, 2012 STYLE="font-family:Times New Roman" SIZE="2">As previously stated, New Oriental believes that the Muddy Waters reportntains numerous errors of facts, misleadingeculations and malicious interpretations of events. Nevertheless, in order to provide the highest level of transparency to its shareholders, the board of directors of] [New Oriental Announces Senior Management Share Purchase Plan STYLE="font-family:Times New Roman" SIZE="2"> Beijing, July20, 2012 Michael Minhong Yu, Chairman and Chief Executive Officer of New Oriental,mmented, we remainnfident in the long-term prospects of New Orientals business and this share purchase plan demonstrates ournfidence.out New Orientalfe Harbor Statement]

[New Oriental Announces Unaudited Financial Results for the Fiscal Quarter and Fiscal Year Ended May 31, 2012 Quarterly Net Revenues Increased by 40.7% Year-Over-Year Quarterly Net Income Attributable to New Oriental Increased by 13.6% Year-Over-Year Quarterly Non-GAAP Net Income Attributable to New Oriental Increased by 23.1% Year-Over-Year Fiscal Year Net Revenues Increased by 38.3% Year-Over-Year Fiscal Year Net Income Attributable]

[New Oriental Announces Unaudited Financial Results for the Fiscal Quarter and Fiscal Year Ended May31, 2012 Quarterly Net Revenuesreased by 40.7% Year-Over-Year Quarterly Netome Attributable to New Orientalreased by 13.6% Year-Over-Year Quarterly Non-GAAP Netome Attributable to New Orientalreased by 23.1% Year-Over-Year Fiscal Year Net Revenuesreased by 38.3% Year-Over-Year]