~ Monday! $NED ~ Earnings posted, pending or coming soon! In Charts and Links Below!

~ $NED ~ Earnings expected on Monday *
Want more like this? Search Keyword: MACMONEY >>> http://tinyurl.com/MACMONEY <<<
One or more of many earnings sites has alerted this security has or will be posting earnings on or around the day of this message.








http://stockcharts.com/h-sc/ui?s=NED&p=D&b=3&g=0&id=p88783918276&a=237480049




http://stockcharts.com/h-sc/ui?s=NED&p=W&b=3&g=0&id=p54550695994



~ Google Finance: http://www.google.com/finance?q=NED
~ Google Fin Options: hhttp://www.google.com/finance/option_chain?q=NED#
~ Yahoo! Finance ~ Stats: http://finance.yahoo.com/q/ks?s=NED+Key+Statistics
~ Yahoo! Finance ~ Profile: http://finance.yahoo.com/q/pr?s=NED
Finviz: http://finviz.com/quote.ashx?t=NED
~ BusyStock: http://busystock.com/i.php?s=NED&v=2


<<<<<< http://www.earningswhispers.com/stocks.asp?symbol=NED >>>>>>



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*If the earnings date is in error please ignore error. I do my best.

NED – Pulled Back & Consolidated Since it’s Recent Move, Testing Resistance

-I love pretty much everything about this setup, from the long term looks to it to the short term bullishness and today’s volume. I know the big line in the sand is up closer to $2.80, but this $2.50 range looks like something to pay attention to as well. It’s the highest close in the past few weeks, and my thinking is you have to jump over short term strength on a setup like this, because in many cases the momentum will pickup and carry through past the ultimate top ($2.80), and then you’re riding out the breakout with a killer entry point. It doesn’t always work out like that obviously, but that’s what I’m shooting for.

-Another option is to play this lower breakout and take some profits into the overhead $2.80 resistance. If it stalls and falls, then you still locked something in, but if it breaks you’re still riding out the rest of your position. It’s a bit more conservative, but I like that route.

http://onlycharts.com/2011/05/18/ned-pulled-back-consolidated-since-its-recent-move-testing-resistance/

anybody

hello

This looks as if its moving

Anything going on here?

fibonacci fan...

=)

That's a cool chart of NED, is that the pitchfork tool on there?

NED

Today a 1 million block was traded and or bought & sold, i don't know for sure.

Anyone watching this besides King?

Nov. 8 is the week for NED to wake back up in my honest opinion.

Do I feel it getting warm in here..

Noah Education Announces Share Repurchase Program


SHENZHEN, China, May 12 /PRNewswire-Asia-FirstCall/ -- Noah Education Holdings Ltd. ("Noah") (NYSE: NED), a leading provider of interactive educational content and education services in China, announced today that its Board of Directors has authorized a new program to repurchase American Depositary Shares, each representing one Noah ordinary share. The Board approved the repurchase of up to US$10 million of ADSs over a period of one year.

The size, scope and timing of any purchases under the new program will be based on business, market and other conditions and factors, including price, regulatory and contractual requirements or consents, and capital availability. The share repurchase program is intended to be implemented through purchases made from time to time using a variety of methods, which may include open market purchases, privately negotiated transactions, or by any combination of such methods, in compliance with applicable insider trading and other securities laws and regulations. This plan does not obligate Noah to acquire any particular number of ADSs. The plan may be suspended, modified or discontinued at any time at Noah's discretion without prior notice. The American Depositary Shares repurchased under the program will be canceled.

The share repurchase program will be funded with the Company's available working capital. As of March 31, 2010, the Company had cash and cash equivalents, short-term bank deposit and short-term investments of RMB714.0 million (US$105.4 million), representing cash per ADS of US$2.72.

Dong Xu, Noah's Chairman and Chief Executive Officer, said, "The Board's authorization of the share repurchase program reflects our continued confidence in Noah's growth opportunities and our strong commitment to enhancing shareholder value. We believe current share price levels do not fully reflect the fundamental strength of our business. Our strong balance sheet and solid cash position enables us to engage in a share repurchase program while continuing to strategically invest in our business to drive long-term growth."

About Noah

Noah Education Holdings Limited is a leading provider of interactive educational content and education services in China. Noah's core offering includes the development and marketing of interactive educational courseware content, electronic learning products (ELPs), software, kids' English training and after-school education services. Noah combines standardized education content with innovative digital and multimedia technologies to create a dynamic learning experience and improve academic performance for kids in China aged 3-19. Noah has developed a nationwide sales network, powerful brand image, and accessible and diverse delivery platforms to bring its innovative content to the student population. Noah also provides a kids' English training service under the brand Little New Star in its direct-owned schools and approximately 724 franchise schools throughout China. Noah was founded in 2004 and is listed on the New York Stock Exchange under the ticker symbol NED.

Safe Harbor Statement

This press release contains forward-looking statements that reflect Noah's current expectations and views of future events that involve known and unknown risks, uncertainties and other factors that may cause our actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Noah has based these forward-looking statements largely on its current expectations and projections about future events and financial trends that it believes may affect its financial condition, results of operations, business strategy and financial needs. You should understand that our actual future results may be materially different from and worse than what Noah expects. Information regarding these risks, uncertainties and other factors is included in Noah's most recent Annual Report on Form 20-F and other filings with the SEC.

For further information, please contact:

Investor Contact:
Jerry He
CFO and Executive Vice President
Noah Education Holdings Ltd
Tel: +86-755-8204-9263
Email: jerry.he@noahedu.com

Investor Relations (US):
Kelly Gawlik
Taylor Rafferty
Tel: +1-212-889-4350
Email: noahedu@taylor-rafferty.com

Investor Relations (HK):
Ruby Yim
Taylor Rafferty
Tel: +852-3196-3712
Email: noahedu@taylor-rafferty.com

SOURCE Noah Education Holdings Limited

Hartcourt Acquires China E & I Development Co. Ltd. (China Arts and Science Academy), a leading Provider of Online Education in
Date : 10/20/2008 @ 5:29AM
Source : PR Newswire
Stock : (HRCT)
Quote : 0.021 -0.003 (-12.50%) @ 3:49PM


Hartcourt Acquires China E & I Development Co. Ltd. (China Arts and Science Academy), a leading Provider of Online Education in





SHANGHAI, China, Oct. 20 /Xinhua-PRNewswire-FirstCall/ -- The Hartcourt Companies, Inc. (OTC Bulletin Board: HRCT; Frankfurt: 900009) ("Hartcourt") a provider of educational services in China, today announced that it has signed a definitive agreement to purchase 60% of the outstanding equity interests of China E & I Development Co. Ltd. (China Arts and Science Academy) for approximately RMB14 million (US$2 Million), payable in 40 million restricted common shares of Hartcourt.

Under the terms of the definitive agreement executed between China Arts and Science Academy and Hartcourt, China Arts and Science Academy committed that its net profit would exceed RMB5 million (US$735,294) for the first year in which its results are consolidated with Hartcourt's, RMB7.5 million (US$1.103 million) for the second year in which its results are consolidated with Hartcourt's, and RMB10 million (US$1.471 million) for the third year in which its results are consolidated with Hartcourt's. The restricted common shares issued by Hartcourt for the acquisition will be released to those shareholders of China Arts and Science Academy whose equity interests were purchased by Hartcourt in three installments based on the profit realized by China Arts and Science Academy over the three-year period beginning on the date of Hartcourt's purchase of 60% of the outstanding equity interests of China Arts and Science Academy.

China Arts and Science Academy is a leading provider of online education in China focusing on vocational education. The courses offered by China Arts and Science Academy through its websites are designed to help professionals and other course participants obtain and maintain the skills and certifications necessary to pursue careers in China in the areas of accounting, law, business administration, marketing, HR, international trade, business English, computer application, information technology and other industries. Course participants are able to access the courses through the Internet at times and places most convenient for them, and to easily interact with a broad online community of course participants, professionals, lecturers and tutors. Qualified course participants have the option of pursuing a 2-year or 4-year diploma at China Arts and Science Academy.

China Arts and Science Academy has established close cooperative relationships with domestic and international certification authorities such as the State Ministry of Personnel, the Skills Identification and Guidance Center of the State Ministry of Information Industry, the China Professional Managers Evaluation Center, the International Federation of E-commerce Engineers, and the China Ministry of Education.

China Arts and Science Academy has been honored "The Most Influential Brand of China Online Education" by the National Industry Leading Brand Selection Committee.

More details on China Arts and Science Academy can be obtained from the following Web site: http://www.casc-edu.org.cn/ .

Mr. Victor Zhou, CEO of Hartcourt, stated, "We are happy to announce the acquisition of China Arts and Science Academy, which we believe will be another important component of our plan to become a leading provider of educational services in China. Vocational education services are one of the cornerstones of Hartcourt's educational service strategy. We see this acquisition as a further important step in implementing our business plan and toward Hartcourt becoming a leading provider of vocational education. We believe that our focus and persistence have paid off in recent improvements in our financial results. "

Mr. Xin Chen, President of China Arts and Science Academy, added, "We believe the synergies derived from the combination of China Arts and Science Academy and Hartcourt will provide us opportunities for additional growth in the future. Now that we are part of the Hartcourt education network, we shall work closely with other Hartcourt subsidiaries to improve Hartcourt's revenues, market coverage and overall competitiveness."

About Hartcourt

Hartcourt's achievements and operations can be found on its web site: http://www.hartcourt.com/ .

Forward-looking Statements

The statements made in this press release, which are not historical facts, contain certain forward-looking statements concerning potential developments affecting the business, prospects, financial condition and other aspects of the company to which this release pertains. The actual results of the specific items described in this release, and the company's operations generally, may differ materially from what is projected in such forward- looking statements. Although such statements are based upon the best judgments of management of the company as of the date of this release, significant deviations in magnitude, timing and other factors may result from business risks and uncertainties including, without limitation, the company's dependence on third parties, general market and economic conditions, technical factors, the availability of outside capital, receipt of revenues and other factors, many of which are beyond the control of the company. The company disclaims any obligation to update information contained in any forward- looking statement.

For more information, please contact:

Ms Mary Qi Tel: +86-21-5111-3716 Fax: +86-21-5111-3719 Email:

DATASOURCE: The Hartcourt Companies, Inc.


CONTACT: Ms Mary Qi of The Hartcourt Companies, Inc., +86-21-5111-3716,

or fax, +86-21-5111-3719, or


Web Site: http://www.hartcourt.com/

http://www.casc-edu.org.cn/

Drop-Dead Gorgeous Stocks
http://www.fool.com/investing/high-growth/2008/10/07/drop-dead-gorgeous-stocks.aspx

Rich Smith
October 7, 2008


"The idea of buying a former superstar stock at a discount price certainly has its attractions, but you've got to make sure you catch the haft -- not the blade."

So goes the thesis of my weekly Fool.com column "Get Ready for the Bounce." Therein, I run the 52-week-lows list compiled by Nasdaq.com through the "wisdom of crowds" meter that we call Motley Fool CAPS. And out the other end comes a list of stocks that have fallen so far, Foolish investors figure they're just bound to bounce back soon.

But is there a way to cash in on fallen angels who've plummeted even further? Perhaps. If a stock that's fallen for one year straight has headroom, then maybe a stock that's fallen even farther, and longer, has room to soar back even higher -- in which case, an apparently left-for-dead stock could offer us a drop-dead gorgeous entry price. We're going to test that thesis today, starting with five stocks that just hit their 5-year lows:

Recent Price
CAPS Rating

(5 max):

Noah Education (NYSE: NED)
$3.00
*****

RAIT Financial Trust (NYSE: RAS)
$4.36
***

Kulicke & Soffa (Nasdaq: KLIC)
$3.82
**

Sprint Nextel (NYSE: S)
$5.70
**

Ford Motor (NYSE: F)
$4.05
*


Companies are selected from the "New 5-Year Lows" list published on MSN Money on Thursday. CAPS ratings from Motley Fool CAPS.

Left for dead? Or drop-dead gorgeous?
With the exception of Noah Education (which somehow made the cut for MSN's "5-year low" list despite having been public less than a year), each of the stocks listed above has shed between 55% and 75% of its value over the past year alone. Wall Street has left 'em all for dead, but on Main Street, their popularity runs the gamut from loathed (Ford) to loved (Hi again, Noah!) Seeing as we're looking for the company most likely to turn the corner, there's only one firm here that we want to look at today, and that's the newbie of the group.

The bull case for Noah Education

One of the great things about CAPS is that with 115,000-plus investors, we're bound to have a few contributors who can offer firsthand experience with the companies they recommend. Case in point: stocksasia1, who introduced us to Noah almost exactly one year ago: "As an international educator who teaches in China every summer, I can assure you that the best education possible is the number one goal for middle and upper-class students. ... [Noah Education] and [New Oriental Education (NYSE: EDU)] both cater to students but with different objectives. [Noah] is targeting the K-12 community while New Oriental, with the exception of its summer camp program, targets mainly college and Senior High (10, 11, and 12) students."
KSB47 agrees. Writing in December: "In China, (one-child policy) children are raised to be as successful as possible because they will be responsible for taking financial care of their parent's later in life. There are currently 291 million children between the ages of 5-19, Noah's target audience. Noah is the ONLY interactive educational company to partner with China's Ministry of Education. With over 30,000 course titles, Noah is very well positioned to capitalize on the necessity (not need) for higher learning."
Which is all well and good for growth hounds. The three CAPS members above have laid out a decent argument for why Noah could eventually grow into a Chinese Blackboard (Nasdaq: BBBB).

But for the value seeker, here's the real kicker. According to Demesne, the: "Stock price is less than cash." And while I don't usually trust the numbers on Yahoo! much farther than I can throw the server they're loaded onto, this bit of trivia holds up on closer examination. After checking Noah's SEC filings, I've confirmed that (assuming we trust the company as well) Noah has the equivalent of about $150 million in the bank -- not bad for a stock priced under $120 million.

Foolish takeaway
That fact alone probably qualifies as a fair buy thesis, but here's one more point in Noah's favor that you might want to consider: A company's cash kitty is only as safe as its ability to generate new cash in the form of free cash flow to keep it filled to the brim. Historically, Noah has struggled in that regard (as start-ups are wont to do). But in the fiscal year ending June 2007, Noah turned the corner and cranked out $4.7 million in free cash flow.

Time to chime in
But hey, that's just my opinion. Other Fools can as easily point to Noah's habitual reluctance to provide cash flow information in its financial reports, and call that a red flag. And yes, if Noah has resumed burning cash without telling us, that could erode the margin of safety that its putative cash stash provides.

That's why we want to get as much data on the firm -- and as much feedback from those who may know the company well -- as possible. If you've got an opinion on Noah, click on over to CAPS and toss in your two cents.

On Oct. 7, 2008, Fool Co-Founder David Gardner and his Motley Fool Pro team will invest $1 million in a portfolio designed to help you make money in any market. In the coming weeks, the team, relying heavily on proprietary CAPS "community intelligence" data, will establish long and short positions in a broad range of securities, including common stocks, publicly traded put and call options, and exchange-traded funds (ETFs). To learn more about Motley Fool Pro and to receive a private invitation to join, simply enter your email address in the box below.



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Legal Information. © 1995-2008 The Motley Fool. All rights reserved.

Noah Education Founders Terminate Previously-Established Rule 10b5-1 Trading Plans
Monday September 29, 8:00 am ET

SHENZHEN, China, Sept. 29 /Xinhua-PRNewswire/ -- Noah Education Holdings Ltd. ("Noah") (NYSE: NED - News), a leading provider of interactive education content in China, today announced that its three founding members, Chairman and Chief Executive Officer Mr. Dong Xu, Director and Chief Technology Officer Mr. Xiaotong Wang and Director Mr. Benguo Tang have each withdrawn their respective written trading plans that were previously established in July 2008 in accordance with SEC Rule 10b5-1 and Noah's insider trading policy. The 10b5-1 plan was initially adopted to sell portions of each member's stock over time as part of each individual's long-term strategy for asset diversification. The Company also announced that none of the founders reduced their respective holdings during the last open trading window.

Mr. Dong Xu, Noah's chairman and CEO, said, "As Noah is marching toward its next phase of growth, Xiaotong, Benguo and I are excited about the company's future prospects. We believe that Noah's stock is significantly undervalued at this time. As a result, we have each elected to withdraw our Rule 10b5-1 trading plans."

About Noah

Noah Education Holdings Limited ("Noah") is a leading provider of supplementary education content to China's elementary and middle school students. Noah develops and markets interactive educational content, software and delivery platforms that combine traditional education content with digital and multi-media technologies to cater to students' interests and enhance academic efficiency and performance. Noah employs a nationwide sales network, powerful brand image, and accessible and diversified delivery platforms to attract students to its innovative content. Noah delivers its education content via Noah electronic educational products, Noah's online website and after-school tutoring centers. The interactive and comprehensive structure of Noah's offerings encourages students and teachers to form knowledge-sharing communities around the Noah brand. Noah was founded in 2004 and is listed on the New York Stock Exchange under the ticker symbol NED.

For more information about Noah, please visit http://www.noahtech.com.cn .

Safe Harbor Statement

This press release contains forward-looking statements that reflect Noah's current expectations and views of future events that involve known and unknown risks, uncertainties and other factors that may cause our actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Noah has based these forward-looking statements largely on its current expectations and projections about future events and financial trends that it believes may affect its financial condition, results of operations, business strategy and financial needs. You should understand that our actual future results may be materially different from and worse than what Noah expects. Information regarding these risks, uncertainties and other factors is included in Noah's filings with the SEC.

For investor and media inquiries, please contact:

In China:
Wendy Li
Noah Education Holdings Limited
Tel: +86-755-8204-3194
Email: lixin@noahedu.com

In Hong Kong:
Nan Dong
Taylor Rafferty, Hong Kong
Tel: +852-3196-3712
Email: teamnoah@taylor-rafferty.com

In the United States:
Jessica McCormick
Taylor Rafferty, New York
Tel: +1-212-889-4350
Email: teamnoah@taylor-rafferty.com


Source: Noah Education Holdings Limited

Noah Education Announces Results for the Fourth Fiscal Quarter and Full Fiscal Year Ended June 30, 2008
Thursday August 21, 5:00 pm ET

SHENZHEN, China, Aug. 21 /Xinhua-PRNewswire/ -- Noah Education Holdings Ltd. ("Noah") (NYSE: NED - News), a leading provider of interactive education content in China, today announced its unaudited financial results for the fourth fiscal quarter and full fiscal year ending June 30, 2008.(1)

(1) This announcement contains translations of certain RMB amounts into
U.S. dollars at specified rates solely for the convenience of the
reader. Unless otherwise noted, all translations from RMB to U.S.
dollars are made at a rate of RMB6.8591 to US$1.00, the noon buying
rate as of June 30, 2008 in The City of New York for cable transfers
of RMB as certified for customs purposes by the Federal Reserve Bank
of New York.

Highlights for the Fourth Fiscal Quarter Ended June 30, 2008

-- Noah reported net revenue of RMB97.9 million (US$14.2 million), a
17.9% increase over net revenue of RMB83.1 million during the
corresponding period of the previous year.

-- Gross profit was RMB50.1 million (US$7.3 million), or 51.1% of net
revenue, compared to RMB37.6 million, or 45.3% of net revenue during
the corresponding period of the previous year.

-- Net income was RMB31.2 million (US$4.5 million) compared to RMB4.0
million during the corresponding period of the previous year, an
increase of 681.6%.

-- Basic and diluted earnings per share were RMB0.82 (US$0.12) and
RMB0.71 (US$0.10) compared to RMB0.09 and RMB0.07 for the fourth
quarter of 2007, respectively. Basic and diluted earnings per share,
excluding share-based compensation expenses and the change in the fair
value of warrants (non-GAAP), were RMB0.79 (US$0.12) and RMB0.77
(US$0.11), compared to RMB0.17 and RMB0.15 for the fourth quarter of
2007, respectively.

-- Total sales volume of handheld digital learning devices (DLDs) for
the fourth quarter increased 11.7% year-over-year to approximately
78,700.

-- As of June 30, 2008, over 700 schools were signed up for the "Access
Noah" program, covering more than 1.6 million students, up from
approximately 600 schools and 1.4 million students at the end of
March 2008.

"Noah produced sound results during the fourth quarter, bringing the full fiscal year to a solid close," said Mr. Dong Xu, Noah's chairman and chief executive officer. "Our core DLD business has continued to grow this quarter. The consistent strength of this business has enabled us to expand into other innovative delivery platforms and systems of content creation, allowing for more comprehensive Noah-branded offerings."

Mr. Rick Chen, Noah's executive vice president added, "We strive to provide the best possible products and services to help students learn. With the Access Noah In-school Program, we are steadily building the Noah brand while helping students increase their level of engagement in learning materials and improving in-class learning efficacy. During the last quarter, we established 50 experimental Access Noah classes in five provinces across China. Results from all the experimental classes have shown an increase in student tests scores across academic subjects. We are fully immersed in the test phase of Access Noah Online, our web 2.0 portal that will create an online knowledge-sharing community centered around the Noah brand. The site is set to launch in the first half of fiscal year 2009. In addition, in a company-wide effort to improve our operating efficiency and internal control functions, we have engaged two top-tier international consulting firms in implementing our Enterprise Resource Planning (ERP) project and Sarbanes Oxley compliance (SOX) project. We are confident that these projects will yield substantial savings and improve transparency and internal control measures for the company."

Financial Results for the Fiscal Quarter Ended June 30, 2008

For the fourth fiscal quarter of 2008, Noah reported net revenue of RMB97.9 million (US$14.2 million), a 17.9% increase over net revenue of RMB83.1 million in the corresponding period of the previous year.

Total sales volume of DLDs for the fourth quarter was approximately 78,700, an 11.7% increase from approximately 70,500 in the fourth quarter of 2007. E- dictionary sales volume decreased to approximately 105,600, a 27.5% decrease from approximately 145,600 the corresponding period last year. The sales results reflect the Company's strategy of continuous migration toward higher margin DLD products.

Total courseware titles at the end of the fourth quarter were approximately 35,000 compared to 28,000 in the fourth quarter of the previous year. DLD products with Noah's new proprietary graphic calculator technology, embedded in a number of higher-end DLD products, accounted for approximately 88% of all DLDs sold in the quarter.

Gross profit was RMB50.1 million (US$7.3 million), or 51.1% of net revenue in the fourth quarter, compared to RMB37.6 million, or 45.3% of net revenue in the corresponding period last year. The increase was primarily attributable to the Company's increased focus on selling higher-end DLDs and also attributable to a decrease in the cost of raw materials. In the fourth quarter, the Company took a charge of approximately RMB6.0 million (US$0.88 million) against dated inventory. The Company expects a reduction in this type of charge in the coming quarters.

Sales and marketing expenses were RMB30.9 million (US$4.5 million), or 31.6% of net revenue, compared to RMB20.1 million, or 24.2% of net revenue in the corresponding period of last year. The increase was primarily due to advancing the schedule of marketing efforts in preparation for the upcoming back-to-school season.

Research and development expenses for the quarter were RMB14.7 million (US$2.1 million), or 15.0% of net revenue. This compares to RMB10.2 million, or 12.3% of net revenue in the corresponding quarter of last year. The increase was primarily due to higher staff costs and third party software, and content development costs.

General and administrative expenses for the quarter were RMB12.5 million (US$1.8 million), or 12.9% of net revenue. This compares to RMB9.1 million, or 10.9% of net revenue in the corresponding quarter of last year. The increase was due to higher staff costs, accrued auditing fees and a charge of aging accounts receivable.

Operating loss for the quarter was approximately RMB1.7 million (US$0.2 million) compared to operating income of RMB3.3 million in the corresponding period last year. This was primarily due to an increase in advertising spending, accrued auditing fees and a one time RMB3.0 million donation to the Sichuan earthquake relief effort. Excluding share-based compensation expenses and the earthquake donation, operating margin for the quarter was 3.9%, compared to 6.6% in the corresponding period last year.

Total share-based compensation expenses, which were allocated to related operating costs and expenses, increased 10.3% to RMB2.5 million (US$0.4 million), up from RMB2.2 million in the corresponding period last year.

Net income for the quarter was RMB31.2 million (US$4.5 million), a 681.6% increase over RMB3.987 million in the fourth quarter of 2007. Net income excluding share-based compensation expenses and the change in the fair value of warrants (non-GAAP) was RMB30.4 million (US$4.4 million), an increase of 381.6% year-over-year. In the fourth quarter, the Company recorded a gain in the fair value of warrants of RMB3.3 million.

Basic and diluted earnings per share were RMB0.82 (US$0.12) and RMB0.71 (US$0.10), compared to RMB0.09 and RMB0.07 in the fourth quarter of 2007, respectively. Basic and diluted earnings per share excluding share-based compensation expenses and the change in the fair value of warrants (non-GAAP) were RMB0.79 (US$0.12) and RMB0.77 (US$0.11), compared to RMB0.17 and RMB0.15 in the fourth quarter of 2007, respectively. Each ADS represents one ordinary share. The weighted averaged ordinary shares outstanding in calculating basic and diluted earnings per share were 38,190,185 and 39,172,558 respectively.

Unaudited Financial Results for the Full Fiscal Year Ended June 30, 2008

For the fiscal year ended June 30, 2008, Noah reported net revenue of RMB651.9 million (US$95.0 million), a 17.4% increase from net revenue of RMB555.2 million in full fiscal year 2007.

Total sales volume for DLDs for the full year was approximately 589,000, an increase of 5.7% from approximately 557,000 in the full fiscal year of 2007. E-Dictionary sales volume decreased to approximately 630,000, an 18.7% decrease from approximately 776,000 in the previous year. Sales results for both DLDs and E-Dictionaries were in-line with the Company's expectations.

Gross profit for fiscal year 2008 was RMB333.2 million (US$48.6 million), or 51.1% of net revenue compared to RMB288.7 million, or 52% of net revenue in fiscal year 2007. The Company expects margins to remain in the range of 51% to 52% for the foreseeable future.

Sales and marketing expenses for fiscal year 2008 were RMB197.3 million (US$28.8 million), or 30.3% of net revenue, compared to RMB172.5 million or 31.1% of net revenue in the previous year.

Total operating expenses were RMB300.4 million (US$43.7 million), or 46.1% of net revenue, compared to RMB261.6 million, or 47.1% of net revenue in the previous year.

Operating profit for the fiscal year ended June 30, 2008 was RMB80.4 million (US$11.7 million), or 12.3% of net revenue, compared to RMB67.1 million, or 12.1% of net revenue in the previous year. Operating profit, excluding the one-time earthquake relief donation, was RMB83.4 million (US$12.2 million), or 12.8% of net revenue.

Total share-based compensation expenses, which were allocated to related operating costs and expenses, increased to RMB20.3 million (US$3.0 million), up 37% from RMB14.8 million in the full fiscal year of 2007.

Net income for the fiscal year ended June 30, 2008 was RMB144.9 million (US$21.1 million), a 118.0% increase from RMB66.4 million in the fiscal year ended June 30, 2007. Net income excluding, share-based compensation expenses and the change in the fair value of warrants (non-GAAP), for the fiscal year ended June 30, 2008 was RMB167.1 million (US$24.4 million), a 105.5% increase year-over-year.

Basic and diluted earnings per share amounted to RMB4.14 (US$0.60) and RMB3.95 (US$0.58), respectively. Basic and diluted earnings per share, excluding share-based compensation expenses and the change in the fair value of warrants, were RMB4.77 (US$0.70) and RMB4.56 (US$0.66), respectively.

As of June 30, 2008, Noah had cash and cash equivalents of RMB305.2 million (US$44.5 million). The Company also had approximately RMB714.9 million (US$104.2 million) in both short-term bank deposits and short-term investments.

Outlook for First Quarter of Fiscal Year 2009

Noah expects net revenue for the first quarter of fiscal year 2009 (July 1, 2008 to September 30, 2008) to be approximately RMB250.0 million compared to RMB247.0 million in the corresponding period last year. Noah expects net income for the quarter to be in the range of RMB48.0 million to RMB50.0 million compared to RMB44.5 million for the corresponding period last year. This forecast reflects Noah's current and preliminary view, which is subject to change.

Conference Call Information

Noah's management will host an earnings conference call at 8 p.m. on August 21, 2008 U.S. Eastern Daylight Time (8 a.m. on August 22, 2008 Beijing/Hong Kong time).

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

U.S. Toll Free: +1-866-362-4831
Hong Kong: +852-3002-1672
International: +1-617-597-5347

Please dial-in 10 minutes before the call is scheduled to begin and provide the passcode to join the call. The passcode is "Noah earnings call".

A replay of the conference call may be accessed by phone at the following number until September 20, 2008

U.S. Toll Free: +1-888-286-8010
International: +1-617-801-6888
Passcode: 24329082

Additionally, a live and archived webcast of this conference call will be available at http://ir.noahtech.com.cn .

About Noah

Noah Education Holdings Limited ("Noah") is a leading provider of supplementary education content to China's elementary and middle school students. Noah develops and markets interactive educational content, software and delivery platforms that combine traditional education content with digital and multi-media technologies to cater to students' interests and enhance academic efficiency and performance. Noah employs a nationwide sales network, powerful brand image, and accessible and diversified delivery platforms to attract students to its innovative content. Noah delivers its education content via Noah electronic educational products, Noah's online website and after-school tutoring centers. The interactive and comprehensive structure of Noah's offerings encourages students and teachers to form knowledge-sharing communities around the Noah brand. Noah was founded in 2004 and is listed on the New York Stock Exchange under the ticker symbol NED.

For more information about Noah, please visit http://www.noahtech.com.cn .

Safe Harbor Statement

This press release contains forward-looking statements that reflect Noah's current expectations and views of future events that involve known and unknown risks, uncertainties and other factors that may cause our actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Noah has based these forward-looking statements largely on its current expectations and projections about future events and financial trends that it believes may affect its financial condition, results of operations, business strategy and financial needs. You should understand that our actual future results may be materially different from and worse than what Noah expects. Information regarding these risks, uncertainties and other factors is included in Noah's filings with the SEC.

For investor and media inquiries, please contact:

In China:
Wendy Li
Noah Education Holdings Limited
Tel: +86-755-8204-3194
Email: lixin@noahedu.com

Sarah Kalhorn
Ogilvy Financial, Beijing
Tel: +86-10-8520-3073
Email: sarah.kalhorn@ogilvy.com

In the United States:
Jessica Barest Cohen
Ogilvy Financial, New York
Tel: +1-646-460-9989
Email: jessica.cohen@ogilvy.com



Noah Education Holdings Ltd.
Condensed Consolidated Statements of Operations

Three months ended Twelve months ended
30 June 30 June
2007 2008 2007 2008
(Unaudited) (Unaudited) (Audited) (Unaudited)
RMB RMB RMB RMB
Net revenue 83,080,414 97,942,806 555,225,014 651,934,604
Cost of revenue (45,439,527) (47,868,794) (266,566,385) 318,759,778)
Gross profit 37,640,887 50,074,012 288,658,629 333,174,825
Total operating
expenses (39,396,486) (62,379,299) (261,612,206) 300,401,475)
Other operating
income 5,035,990 10,628,460 40,023,377 47,636,979
Operating income 3,280,391 (1,676,827) 67,069,800 80,410,328
Derivative gain
(loss) (55,207) 3,370,448 (55,207) (1,868,238)
Interest income 574,921 (1,002,435) 2,306,073 13,716,764
Investment income 0 11,836,546 0 11,836,546
Unrealized holding
gain/loss 0 (754,783) 0 (754,783)
Other Non-Operating
income 0 18,780,801 0 42,716,342
Income before income
taxes 3,800,105 30,553,750 69,320,666 146,056,958
Income taxes 178,132 628,483 (2,892,367) (1,127,565)
Net income 3,978,237 31,182,233 66,428,299 144,929,393
Preference stock
dividends 0 0 (17,705,374) 0
Deemed dividend (1,540,590) 0 (2,653,072) (379,092)
Net income
attributable
to ordinary
shareholders 2,437,647 31,182,233 46,069,853 144,550,300

Net income per share
Basic 0.09 0.82 2.32 4.14
Diluted 0.07 0.71 2.15 3.95

Income attributable
to shareholders
Basic 1,888,343 31,182,233 49,789,698 137,176,468
Diluted 1,573,865 27,811,785 49,315,450 137,197,683

Weighted average
ordinary shares
outstanding
Basic 21,473,442 38,190,185 21,473,442 33,155,794
Diluted 21,989,101 39,172,558 22,906,684 34,695,678



Noah Education Holdings Ltd.
Condensed Consolidated Balance Sheet

March 31, June 30,
2008 2008
(Unaudited) (Unaudited)
RMB RMB
Assets:
Current assets
Cash and cash equivalents 1,027,945,912 305,222,860
Short-term bank deposit 0 695,000,000
Short-term investment 0 19,875,217
Accounts receivables, net of
allowance 200,202,353 169,141,101
Related party receivables 2,417,793 3,483,866
Inventories 80,127,971 88,203,209
Prepaid expenses, deferred tax
assets and other current assets 44,737,650 57,533,030
Total current assets 1,355,431,678 1,338,459,282
Deposit on long-term investment 910,000
Property, plant and equipment, net 17,585,084 17,871,691
Intangible assets, net 6,868,224 5,548,611
Goodwill 0 410,803
Total assets 1,379,884,986 1,363,200,387
Liabilities and Shareholders' Equity
Current liabilities
Accounts payable 49,110,695 34,858,000
Other payables, accruals, advances
from customers and deferred
revenues 41,458,455 35,983,555
Income taxes payable 1,271,907 874,092
Total current liabilities 91,841,057 71,715,647
Warrants 9,376,959 5,830,023
Total liabilities 101,218,015 77,545,670
Mezzanine Equity
Convertible Series A Preference
Shares 0 0
Shareholders' Equity
Ordinary shares 15,395 15,349
Additional paid-in capital 1,172,850,038 1,169,618,982
Accumulated other comprehensive loss (68,995,467) (89,958,849)
Retained earnings 174,797,004 205,979,235
Total shareholders' equity 1,278,666,971 1,285,654,717
Total liabilities and shareholders'
equity 1,379,884,986 1,363,200,387



About Non-GAAP Financial Measures

To supplement its financial information presented in accordance with accounting principles generally accepted in the United States ("GAAP"), Noah uses the following measures defined as non-GAAP measures by the SEC: adjusted gross profit, adjusted operating income and adjusted net income, each excluding share-based compensation expenses and changes in the fair value of warrants issued to Lehman Brothers Commercial Corporation Asia Limited to purchase additional ordinary shares. Noah believes that gross profit, operating income and net income measures on non-GAAP basis indicate Noah's baseline performance before subtracting those charges. In addition, these non-GAAP measures are among the primary indicators management uses as a basis for its planning and forecasting of future periods. By disclosing the non- GAAP amounts, management intends to provide investors with additional information to analyze Noah's performance and underlying trends. The presentation of these non-GAAP measures is not intended to be considered in isolation or as for financial information prepared and presented in accordance with GAAP. See the table below for a reconciliation of non-GAAP amounts to amounts reported under GAAP.

Noah Education Holdings Ltd.
Reconciliation of Non-GAAP to GAAP

Three months ended
30 June
2007 2008
(Unaudited) (Unaudited)
RMB % of Rev RMB % of Rev

GAAP net revenue 83,080,414 100.0% 97,942,806 100.0%

GAAP gross profit 37,640,887 45.3% 50,074,012 51.1%
Share-based compensation 73,446 0.1% 63,941 0.1%
Non-GAAP gross profit 37,714,333 45.4% 50,137,953 51.2%

GAAP operating income 3,280,391 3.9% (1,676,827) -1.7%
Share-based compensation 2,234,414 2.7% 2,466,615 2.5%
Non-GAAP operating income 5,514,805 6.6% 789,789 0.8%

GAAP net income 3,978,237 4.8% 31,182,233 31.8%
Share-based compensation 2,234,414 2.7% 2,466,615 2.5%
Change in the fair value of
warrants 55,207 0.1% (3,370,448) -3.4%
Non-GAAP net income 6,267,858 7.5% 30,278,400 30.9%

GAAP net income per share
Basic 0.09 0.82
Diluted 0.07 0.71

Non-GAAP net income per share
Basic 0.17 0.79
Diluted 0.15 0.77



Twelve months ended
30 June
2007 2008
(Audited) (Unaudited)
RMB % of Rev RMB % of Rev

GAAP net revenue 555,225,014 100.0% 651,934,604 100.0%

GAAP gross profit 288,658,630 52.0% 333,174,825 51.1%
Share-based compensation 375,825 0.1% 379,741 0.1%
Non-GAAP gross profit 289,034,455 52.1% 333,554,566 51.2%

GAAP operating income 67,069,801 12.1% 80,410,328 12.3%
Share-based compensation 14,830,714 2.7% 20,344,641 3.1%
Non-GAAP operating income 81,900,515 14.8% 100,754,969 15.5%

GAAP net income 66,428,301 12.0% 144,929,393 22.2%
Share-based compensation 14,830,714 2.7% 20,344,641 3.1%
Change in the fair value of
warrants 55,207 0.0% 1,868,238 0.3%
Non-GAAP net income 81,314,222 14.6% 167,142,272 25.6%

GAAP net income per share
Basic 2.32 4.14
Diluted 2.15 3.95

Non-GAAP net income per share
Basic 2.85 4.77
Diluted 2.66 4.56



Source: Noah Education Holdings Ltd.

NOAH profits surge.

http://www.rttnews.com/ArticleView.aspx?Id=691719&SMap=1

Noah Education Holdings Announces Two Senior Appointments
Wednesday August 13, 5:00 am ET
Xianquan Xiao to Succeed Benguo Tang as Chief Operating Officer
Dora Li Named Chief Financial Officer


SHENZHEN, China, Aug. 13 /Xinhua-PRNewswire/ -- Noah Education Holdings Ltd. ("Noah") (NYSE: NED - News), a leading provider of interactive education content in China, today announced two senior appointments; Mr. Xianquan Xiao has been named chief operating officer and Ms. Dora Li, current interim chief financial officer, has been named chief financial officer. Benguo Tang, a founding member of the company and the previous chief operating officer, will remain on the board of directors. Both appointments are effective immediately.
"We are thrilled to have Mr. Xiao and Ms. Li move into these senior roles on our management team," said Dong Xu, chief executive officer of Noah Education Holdings. "Previously serving as our vice president of sales, Mr. Xiao brings over fifteen years of rich sales and management experience to his new role. Mr. Xiao will focus on developing and improving the processes that allow Noah to deliver our leading products and services."

Mr. Xu continued, "Ms. Li has proven to be an invaluable addition to Noah's senior management. Li will continue to bring great value to our company, ensuring first class financial management and effective fiscal control. The appointments of Xiao and Li recognize their comprehensive experience and mark our progress as a public company."

Mr. Xiao has served as a member of the board of directors for Noah Education since November 2006. Prior to that, Xiao served as Noah's sales manager from 1999 to 2006. Xiao was a sales executive with Chengdu Enwei Pharmaceutical Company from 1995 to 1997 and was also an engineer at the Chengdu Steel Pipe Factory from 1987 to 1995. Xiao holds a bachelor's degree in engineering from Wuhan Polytechnic University, in China, and a master's degree from Southwest Jiao Tong University, also in China.

Ms. Li has served as interim chief financial officer since May 2008. Prior to the appointment, she served as Noah's financial controller, a position she held since joining the company in December of 2007. Previously, Ms. Li was financial controller and the head of investor relations at China GrenTech, a Nasdaq-listed company. From 1999 through 2007, she was a senior finance manager at Conair Corp., a Fortune 500 company, in Connecticut, U.S. Li holds a bachelor's degree in business administration from the Beijing Second Foreign Language Institute, and a master's degree in business administration from the Thunderbird School of Global Management in Arizona, U.S. Li is certified as a master of financial management by the American Academy of Financial Management, and is a member of the Institute of Management Accountants.

About Noah

Noah Education Holdings Limited ("Noah") (NYSE: NED - News) is a leading provider of supplementary education content to China's elementary and middle school students. Noah develops and markets interactive education content, software and delivery platforms that combine traditional education content with digital and multi-media technologies to cater to students' interests and enhance academic efficiency and performance. Noah employs a nationwide sales network, powerful brand image and accessible and diversified delivery platforms to attract students to its innovative content. Noah delivers its education content via Noah electronic educational products, Noah's online website and after-school tutoring centers. The interactive and comprehensive structure of Noah's offerings encourages students and teachers to form knowledge-sharing communities around the Noah brand. Noah was founded in 2004 and is listed on the New York Stock Exchange under the ticker symbol NED.


For investor and media inquiries, please contact:

In China:
Wendy Li
Noah Education Holdings Limited
Tel: +86-755-8204-3194
Email: lixin@noahedu.com

Helen Plummer
Ogilvy Financial, Beijing
Tel: +86-10-8520-3090
Email: helen.plummer@ogilvy.com

In the United States:
Jessica Barist Cohen
Ogilvy Financial, New York
Tel: +1-646-460-9989
Email: jessica.cohen@ogilvy.com




--------------------------------------------------------------------------------
Source: Noah Education Holdings Ltd.

Noah Education to Report Fourth Fiscal Quarter and Fiscal Year of 2008 Financial Results on August 21, 2008
Monday August 11, 5:00 am ET


SHENZHEN, China, Aug. 11 /Xinhua-PRNewswire/ -- Noah Education Holdings Ltd. ("Noah") (NYSE: NED - News), a leading provider of interactive education content in China, today announced that it will report its financial results for the fourth fiscal quarter and full fiscal year ended June 30, 2008 after the U.S. markets close on August 21, 2008. Noah's management will host an earnings conference call at 8 p.m. on August 21, 2008 U.S. Eastern Standard Time (8 a.m. on August 22, 2008 Beijing/Hong Kong time).

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

U.S. Toll Free: +1-866-362-4831
Hong Kong: +852-3002-1672
International: +1-617-597-5347

Please dial-in 10 minutes before the call is scheduled to begin and provide the passcode to join the call. The passcode is "Noah Earnings Call."

A replay of the conference call may be accessed by phone at the following number until September 20, 2008:


U.S. Toll Free: +1-888-286-8010
International: +1-617-801-6888
Passcode: 24329082

Additionally, a live and archived webcast of the conference call will be available at http://ir.noahtech.com.cn .

About Noah

Noah Education Holdings Limited ("Noah") (NYSE: NED - News) is a leading provider of supplementary educational content to China's elementary and middle school students. Noah develops and markets interactive educational content, software and delivery platforms that combine traditional education content with digital and multi-media technologies to cater to students' interests and enhance academic efficiency and performance. Noah employs a nationwide sales network, powerful brand image, and accessible and diversified delivery platforms to attract students to its innovative content. Noah delivers its education content via Noah electronic educational products, Noah's online website and after-school tutoring centers. The interactive and comprehensive structure of Noah's offerings encourages students and teachers to form knowledge-sharing communities around the Noah brand. Noah was founded in 2004 and is listed on the New York Stock Exchange under the ticker symbol NED.


For investor and media inquiries, please contact:

In China:
Wendy Li
Noah Education Holdings Limited
Tel: +86-755-8204-3194
Email: lixin@noahedu.com

Helen Plummer
Ogilvy Financial, Beijing
Tel: +86-10-8520-3090
Email: helen.plummer@ogilvy.com

In the United States:
Jessica Barist Cohen
Ogilvy Financial, New York
Tel: +1-646-460-9989
Email: jessica.cohen@ogilvy.com




--------------------------------------------------------------------------------
Source: Noah Education Holdings Limited

Nice move this morning

Noah Education to Embed Trolltech's Qt to Develop Next Generation Learning Devices
Wednesday July 9, 5:00 am ET

SHENZHEN, China, July 9 /Xinhua-PRNewswire/ -- Noah Education Holdings Ltd. (NYSE: NED - News), China's leading provider of supplementary education content and services, today announced that it has partnered with the software company Trolltech to develop a new generation of multi-functional learning devices for the China market. Trolltech's flagship product, Qt, is a cross-platform application framework for desktop and embedded development. Noah will employ Trolltech's Qt for Embedded Linux, which will allow Noah to build off the embedded, free and open-source Linux operating system to create more advanced applications and state-of-the-art interactive features for the company's digital-learning devices ("DLDs").

''We are confident this partnership with Trolltech will enable us to develop new products with even higher levels of technical facility,'' said Zheng Wei, senior vice president of Noah. ''The unique and rich user experience brought by the Trolltech Qt for Embedded Linux will help us to rapidly build applications and stylish user interfaces, effectively shortening the product development cycle and enhancing the Noah user experience.''

Mr. Dong Xu, Noah chairman and chief executive officer added, ''Noah is the market leader in terms of sales in China's DLD market and a nationally recognized brand. Our company is known for delivering the highest quality educational content on effective and engaging platforms. Students today expect and respond to cutting-edge, interactive technology in their studies. The incorporation of Trolltech's framework into Noah's new products will further enhance our offerings and create an even more captivating learning experience for students.''

About Trolltech

Trolltech provides cross-platform software development frameworks and application platforms. Trolltech's Qt is used in popular software such as Skype, Google Earth, Adobe Photoshop Elements, Lucasfilm and by more than 5000 customers worldwide. Trolltech's Qtopia has enabled a new generation of exciting consumer devices such as mobile handsets, video-phones, set-top boxes and media players. Trolltech's software has shipped in more than 15 million devices. Trolltech is listed on the Oslo Stock Exchange under the ticker symbol TROLL. For more information about Trolltech please visit the company's website: http://www.trolltech.com/ or http://www.trolltech.cn .

About Noah

Noah Education Holdings Limited (''Noah'') is a leading provider of supplementary education content to China's elementary and middle school students. Noah develops and markets interactive educational content, software and delivery platforms that combine traditional education content with digital and multi-media technologies to cater to students' interests and enhance academic efficiency and performance. Noah employs a nationwide sales network, powerful brand image, and accessible and diversified delivery platforms to attract students to its innovative content. Noah delivers its education content via Noah electronic educational products, Noah's online website and after-school tutoring centers. The interactive and comprehensive structure of Noah's offerings encourages students and teachers to form knowledge-sharing communities around the Noah brand. Noah was founded in 2004 and is listed on the New York Stock Exchange under the ticker symbol NED.

For more information about Noah, please visit http://en.noahedu.com.cn .

For investor and media inquiries, please contact:

In China:
Wendy Li
Noah Education Holdings Limited
Tel: +86-755-8204-3465
Email: lixin@noahedu.com

Helen Plummer
Ogilvy Financial (Beijing)
Tel: +86-10-8520-3090
Email: helen.plummer@ogilvy.com

In the United States:
Jessica Barist Cohen
Ogilvy Financial (New York)
Tel: +1-646-460-9989
Email: jessica.cohen@ogilvy.com


Source: Noah Education Holdings Limited

Noah Education Holdings Ltd.'s Executive Vice President, Rick Chen to Present at Oppenheimer's 2nd Annual China Dragon Call Conference on May 22nd in New York City
Thursday May 22, 6:30 am ET


SHENZHEN, China, May 22 /Xinhua-PRNewswire/ -- Noah Education Holdings Ltd. (''Noah'') (NYSE: NED - News), a leading provider of interactive education content in China, today announced that Mr. Rick Chen, Noah Education's executive vice president, will present at Oppenheimer's 2nd Annual China Dragon Call Conference on May 22nd in New York City.

Location: New York City, Oppenheimer Offices at 300 Madison Avenue
Date: May 22
Time: 10:40am

About Noah

Noah Education Holdings Limited (''Noah'') (NYSE: NED - News) is a leading provider of interactive supplemental education content and services in China. Noah develops and markets interactive multimedia learning materials mainly to complement prescribed textbooks used in China's primary and secondary school curricula. Noah delivers content primarily through handheld digital learning devices, or DLDs. Noah content is also available through the company's on-line website and Noah distribution centers nationwide. Noah runs after-school tutoring centers in Chengdu, Chongqing and Beijing. Additionally, Access Noah, an in-school initiative, is bringing Noah products and services into China's public schools.


For more information about Noah, please visit http://www.noahtech.com.cn .

For investor and media inquiries, please contact:

In China:
Wendy Li
Noah Education Holdings Limited
Tel: +86-755-8204-3194
Email: lixin@noah21cn.com

Helen Plummer
Ogilvy Public Relations Worldwide (Beijing)
Tel: +86-10-8520-3090
Email: helen.plummer@ogilvy.com

In the United States:
Jessica Cohen
Ogilvy Public Relations Worldwide (New York)
Tel: +1-646-460-9989
Email: jessica.cohen@ogilvy.com




--------------------------------------------------------------------------------
Source: Noah Education Holdings Limited

Noah Education Announces Results for the Third Fiscal Quarter Ended March 31, 2008
Thursday May 15, 5:00 pm ET


SHENZHEN, China, May 15 /Xinhua-PRNewswire/ -- Noah Education Holdings Ltd. ("Noah") (NYSE: NED - News), a leading provider of interactive education content in China, today announced its unaudited financial results for the fiscal quarter ended March 31, 2008, which is the third quarter for Noah's fiscal year ending June 30, 2008.(1)

(1) This announcement contains translations of certain RMB amounts into
U.S. dollars at specified rates solely for the convenience of the
reader. Unless otherwise noted, all translations from RMB to U.S.
dollars are made at a rate of RMB7.012 to US$1.00, the noon buying
rate as of March 31, 2008 in The City of New York for cable
transfers of RMB as certified for customs purposes by the Federal
Reserve Bank of New York.

Highlights for the Third Fiscal Quarter Ended March 31, 2008
-- Total net revenues were RMB184.1 million (US$26.3 million), an
increase of 8.5% over the corresponding period last year.
-- Gross margin was 55.3% compared to 50.8% during the corresponding
period a year ago, and operating margin for the quarter was 14.3% as
compared to 13.4% for the third quarter of 2007.
-- Net income was RMB55.4 million (US$7.9 million), an increase of
113.8% over the corresponding period last year.
-- Basic and diluted earnings per share were RMB1.45 (US$0.21) and
RMB1.40 (US$0.20), compared to RMB0.40 (US$0.05) and RMB0.38 (US$0.05)
of the second quarter of 2008, respectively. Basic and diluted
earnings per share excluding share-based compensation expenses and
the change in the fair value of warrants (non-GAAP) were RMB1.49
(US$0.21) and RMB1.46 (US$0.21), compared to RMB0.79 (US$0.11) and
RMB0.77 (US$0.11) of the second quarter of 2008, respectively.
-- Total sales volume of handheld digital learning devices (DLDs) for
the third quarter increased 6.3% year-over-year to approximately
174,742.
-- As of March 31, 2008, the total number of schools signed up for the
"Access Noah" program increased 50% to over 600, covering more than
1.4 million students, up from approximately 400 schools and 900,000
students at the end of December 2007.


"I am very pleased to report strong results this quarter," said Mr. Dong Xu, Noah's chairman and chief executive officer. "Even with severe winter storms across southern China during the quarter, we were able to post robust numbers and get back on track with our growth plan." Mr. Xu continued, "We remain the market leader in DLD sales in China and continued to gain market share during the past quarter. We have proven our ability to deliver strong growth in our core business and have begun to leverage our strengths to transform Noah into the leading brand in supplemental education services in China, providing a wide range of products, services and content."

Mr. Rick Chen, Noah's executive vice president added, "The cornerstone of our efforts to become a full-spectrum supplement education service company is our in-school initiative, 'The Access Noah Program.' Access Noah is now active in more than 600 schools and reaches over 1.4 million students. With Access Noah we aim to help students and teachers improve classroom-learning efficacy, stimulate interest in academic study among students, and produce visible improvements in test scores." Mr. Chen continued, "Reaching students and teachers in schools has also had significant positive effects on our business. Through Access Noah we have extended the reach of our marketing dollars and been able to deepen our understanding of the learning habits and teaching behaviors of students and teachers. With this experience we are improving our existing products and services and building out the community of on-line and off-line users of Noah products and services. These loyal users will be key to Noah's future and the foundation of a community of knowledge-sharing centered around the Noah brand."

Financial Results for the Fiscal Quarter Ended March 31, 2008

For the third fiscal quarter of 2008, Noah reported net revenues of RMB184.1 million (US$26.3 million), an 8.5% increase over net revenues of RMB169.6 million in the third quarter of the previous year.

Total sales volume of DLDs for the quarter was 174,742, a 6.3% increase from approximately 164,417 in the third quarter of fiscal year 2007. E- dictionary sales volume decreased to approximately 135,302, a 25.3% decrease over 181,037 sold in the corresponding period last year.

Total courseware available increased to approximately 35,000 from 32,000 in the previous quarter and approximately 27,000 in the third quarter of the previous year. The Company's new proprietary graphic calculator technology embedded in a number of higher-end DLD products accounted for approximately 65% of all DLDs sold in the quarter.

During the quarter, the Company opened one new after-school tutoring center, bringing the total number of such centers to ten.

Gross margin was 55.3% compared to 50.8% in the corresponding period last year. The increase was primarily attributable to the Company's increased focus on selling higher-margin DLDs in the overall product mix and to a decrease in the cost of raw materials.

Sales and marketing expenses were RMB56.2 million (US$8.0 million), or 30.5% of revenues, compared to RMB55.2 million, or 32.6% of revenues in the corresponding period last year.

Operating margin for the quarter was 14.3% compared to 13.4% in the corresponding period last year. Excluding share-based compensation expenses, operating margin for the quarter was 15.6 %, compared to 14.3% in the corresponding period last year.

Total share-based compensation expenses, which were allocated to related operating costs and expenses, increased 70.9% to RMB2.46 million (US$0.35 million) up from RMB1.44 million in the corresponding period last year.

Net income for the quarter was RMB55.4 million (US$7.9 million), a 113.8% increase over RMB25.9 million in the third fiscal quarter of 2007. Net income excluding share-based compensation expenses and the change in the fair value of warrants (non-GAAP) was RMB57.1 million (US$8.1 million), an increase of 108.5% year-over-year.

Basic and diluted earnings per share amounted to RMB1.45 (US$0.21) and RMB1.40 (US$0.20), compared to RMB0.40 (US$0.05) and RMB0.38 (US$0.05) in the previous quarter, respectively. Basic and diluted earnings per share excluding share-based compensation expenses and the change in the fair value of warrants were RMB1.49 (US$0.21) and RMB1.46 (US$0.21), respectively. Each ADS represents one ordinary share. The weighted averaged ordinary shares outstanding in calculating basic and diluted earnings per share were 38,198,045 and 39,136,046 respectively.

As of March 31, 2008, Noah had cash and cash equivalents of RMB1,027.9 million (US$146.6 million).

Financial Results for the Nine Months Ended March 31, 2008

For the nine months ended March 31, 2008, Noah reported net revenues of RMB554.0 million (US$79.0 million), a 17.3% increase over net revenues of RMB472.1 million in the corresponding period last year.

Operating margin for the nine months ended March 31, 2008 was 15.1% compared to 13.5% in the nine months ended March 31, 2007.

Net income for the nine months ended March 31, 2008 was RMB113.7 million (US$16.2 million), an 82.2% increase over RMB62.4 million in the nine months ended March 31, 2007. Net income excluding share-based compensation expenses and the change in the fair value of warrants (non-GAAP) for the nine months ended March 31, 2008 was RMB136.9 million (US$19.5 million), representing a 82.4% increase year-over-year.

Basic and diluted earnings per share amounted to RMB3.61 (US$0.52) and RMB3.49 (US$0.50), respectively. Basic and diluted earnings per share excluding share-based compensation expenses and the change in the fair value of warrants were RMB4.35 (US$0.62) and RMB4.13 (US$0.59), respectively.

Outlook for Fourth Quarter and Full Year 2008

Noah expects its total net revenue for the fourth quarter of fiscal year 2008 (April 1, 2008 to June 30, 2008) to grow in the range of 16% to 18%, compared to the corresponding period last year. Noah expects net income growth in the fourth fiscal quarter 2008 in the range of 350% to 400%, as compared to the corresponding period last year.

In addition, The Company has raised it forecast for total net profit for full fiscal year 2008 to be in the range of RMB128 million to RMB130 million. This forecast reflects Noah's current and preliminary view, which is subject to change.

Conference Call Information

Noah's management will host an earnings conference call at 8 p.m. on May 15, 2008 U.S. Eastern Standard Time (8 a.m. on May 16, 2008 Beijing/Hong Kong time).


Dial-in details for the earnings conference call are as follows:
US Toll Free: +1-866-700-0133
Hong Kong: +852-3002-1672
International: +1-617-213-8831
Please dial-in 10 minutes before the call is scheduled to begin and provide the passcode to join the call. The passcode is "Noah earnings call".

A replay of the conference call may be accessed by phone at the following number until June 14, 2008

International: +1-617-801-6888

Passcode: 72140556

Additionally, a live and archived webcast of this conference call will be available at http://ir.noahtech.com.cn .

About Noah

Noah Education Holdings Limited ("Noah") (NYSE: NED - News) is a leading provider of interactive supplemental education content and services in China. Noah develops and markets interactive multimedia learning materials mainly to complement prescribed textbooks used in China's primary and secondary school curricula. Noah delivers content primarily through handheld digital learning devices, or DLDs. Noah content is also available through the Company's on-line website and Noah distribution centers nationwide. Noah runs after-school tutoring centers in Chengdu, Chongqing and Beijing. Additionally, Access Noah, an in-school initiative, is bringing Noah products and services into China's public schools.

For more information about Noah, please visit www.noahtech.com.cn .

Safe Harbor Statement

This press release contains forward-looking statements that reflect Noah's current expectations and views of future events that involve known and unknown risks, uncertainties and other factors that may cause our actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Noah has based these forward-looking statements largely on its current expectations and projections about future events and financial trends that it believes may affect its financial condition, results of operations, business strategy and financial needs. You should understand that our actual future results may be materially different from and worse than what Noah expects. Information regarding these risks, uncertainties and other factors is included in Noah's filings with the SEC.


For investor and media inquiries, please contact:

In China:
Wendy Li
Noah Education Holdings Limited
Tel: +86(755)8204-3194
Email: lixin@noah21cn.com

Helen Plummer
Ogilvy Public Relations Worldwide (Beijing)
Tel: +86(10)8520-3090
Email: helen.plummer@ogilvy.com

In the United States:
Jessica Cohen
Ogilvy Public Relations Worldwide (New York)
Tel: +1(646)460-9989
Email: jessica.cohen@ogilvy.com




Noah Education Holdings Ltd.
Condensed Consolidated Statements of Operations

Three months ended Nine months ended
31 March 31 March
2007 2008 2007 2008
(Unaudited) (Unaudited) (Unaudited) (Unaudited)
RMB RMB RMB RMB
Net revenue 169,645,527 184,094,696 472,144,600 553,991,798
Cost of revenue (83,444,075) (82,381,971) (221,126,857) (270,886,343)
Gross profit 86,201,452 101,712,725 251,017,743 283,105,455
Total operating
expenses (75,243,746) (86,546,047) (222,215,715) (236,669,883)
Other operating
income 11,786,873 11,110,671 34,987,387 37,008,519
Operating income 22,744,579 26,277,348 63,789,415 83,444,090
Derivative gain
(loss) 0 823,661 0 (5,238,686)
Interest income 580,945 6,172,075 1,731,153 14,719,199
Other Non-Operating
income 0 22,578,606 0 22,578,606
Income before income
taxes 23,325,524 55,851,690 65,520,568 115,503,208
Income taxes 2,601,798 (417,200) (3,070,499) (1,756,048)
Net income 25,927,322 55,434,490 62,450,069 113,747,160
Deemed dividend (354,296) 0 (1,112,482) (379,092)
Preference stock
dividends 0 0 (17,705,374) 0
Net income
attributable to
ordinary
shareholders 25,573,026 55,434,490 61,337,587 113,368,068

Net income per share
Basic 0.94 1.45 2.02 3.61
Diluted 0.92 1.40 1.96 3.49

Income attributable
to shareholders
Basic 20,158,909 55,434,490 47,048,056 113,747,160
Diluted 25,927,322 54,610,829 42,495,513 113,747,160

Weighted average
ordinary shares
outstanding
Basic 21,473,442 38,198,045 21,473,442 31,483,788
Diluted 28,262,748 39,136,046 21,656,358 32,571,634



Noah Education Holdings Ltd.
Condensed Consolidated Balance Sheet

December 31, March 31,
2007 2008
(Unaudited) (Unaudited)
RMB RMB
Assets:
Current assets
Cash and cash equivalents 1,052,686,157 1,027,945,912
Accounts receivables, net of
allowance 138,828,764 200,202,353
Related party receivables 3,113,771 2,417,793
Inventories 95,475,567 80,127,971
Prepaid expenses, deferred tax
assets and other current assets 50,753,154 44,737,650
Total current assets 1,340,857,413 1,355,431,678
Property, plant and equipment, net 17,715,849 17,585,084
Intangible assets, net 8,045,998 6,868,224
Total assets 1,366,619,260 1,379,884,986
Liabilities and Shareholders' Equity
Current liabilities
Accounts payable 51,616,818 49,110,695
Other payables, accruals, advances
from customers and deferred
revenues 40,573,588 41,458,455
Income taxes payable 902,058 1,271,907
Total current liabilities 93,092,464 91,841,057
Warrants 10,605,494 9,376,959
Total liabilities 103,697,958 101,218,015
Mezzanine Equity
Convertible Series A Preference
Shares 0 0
Shareholders' Equity
Ordinary shares 15,395 15,395
Additional paid-in capital 1,171,639,152 1,172,850,038
Accumulated other comprehensive loss (28,095,758) (68,995,467)
Retained earnings 119,362,513 174,797,004
Total shareholders' equity 1,262,921,302 1,278,666,971
Total liabilities and shareholders'
equity 1,366,619,260 1,379,884,986

About Non-GAAP Financial Measures

To supplement its financial information presented in accordance with accounting principles generally accepted in the United States ("GAAP"), Noah uses the following measures defined as non-GAAP measures by the SEC: adjusted gross profit, adjusted operating income and adjusted net income, each excluding share-based compensation expenses and changes in the fair value of warrants issued to Lehman Brothers Commercial Corporation Asia Limited to purchase additional ordinary shares. Noah believes that gross profit, operating income and net income measures on non-GAAP basis indicate Noah's baseline performance before subtracting those charges. In addition, these non- GAAP measures are among the primary indicators management uses as a basis for its planning and forecasting of future periods. By disclosing the non-GAAP amounts, management intends to provide investors with additional information to analyze Noah's performance and underlying trends. The presentation of these non-GAAP measures is not intended to be considered in isolation or as for financial information prepared and presented in accordance with GAAP. See the table below for a reconciliation of non-GAAP amounts to amounts reported under GAAP.


Noah Education Holdings Ltd.
Reconciliation of Non-GAAP to GAAP

Three months ended
31 March
2007 2008
(Unaudited) (Unaudited)
RMB % of Rev RMB % of Rev

GAAP net revenue 169,645,527 100.0% 184,094,696 100.0%

GAAP gross profit 86,201,452 50.8% 101,712,725 55.3%
Share-based compensation 73,447 0.0% 63,643 0.0%
Non-GAAP gross profit 86,274,899 50.9% 101,776,368 55.3%

GAAP operating income 22,744,579 13.4% 26,277,348 14.3%
Share-based compensation 1,439,481 0.8% 2,460,749 1.3%
Non-GAAP operating income 24,184,060 14.3% 28,738,097 15.6%

GAAP net income 25,927,322 15.3% 55,434,490 30.1%
Share-based compensation 1,439,481 0.8% 2,460,749 1.3%
Change in the fair value of
warrants 0 0.0% (823,661) -0.4%
Non-GAAP net income 27,366,803 16.1% 57,071,578 31.0%

GAAP net income per share
Basic 0.94 1.45
Diluted 0.92 1.40

Non-GAAP net income per share
Basic 0.99 1.49
Diluted 0.96 1.46



Noah Education Holdings Ltd.
Reconciliation of Non-GAAP to GAAP

Nine months ended
31 March
2007 2008
(Unaudited) (Unaudited)
% of
RMB % of Rev RMB Rev

GAAP net revenue 472,144,600 100.0% 553,991,798 100.0%

GAAP gross profit 251,017,743 53.2% 283,105,455 51.1%
Share-based compensation 302,379 0.1% 315,800 0.1%
Non-GAAP gross profit 251,320,122 53.2% 283,421,255 51.2%

GAAP operating income 63,789,415 13.5% 83,444,090 15.1%
Share-based compensation 12,596,300 2.7% 17,878,026 3.2%
Non-GAAP operating income 76,385,715 16.2% 101,322,116 18.3%

GAAP net income 62,450,069 13.2% 113,747,160 20.5%
Share-based compensation 12,596,300 2.7% 17,878,026 3.2%
Change in the fair value of
warrants 0 0.0% 5,238,686 0.9%
Non-GAAP net income 75,046,369 15.9% 136,863,872 24.7%

GAAP net income per share
Basic 2.02 3.61
Diluted 1.96 3.49

Non-GAAP net income per share
Basic 2.99 4.35
Diluted 3.05 4.13






--------------------------------------------------------------------------------
Source: Noah Education Holdings Limited

I'm no expert, but that looks like a solid earnings report. How the stock will react, however, is anybody's guess.

Noah Education to Report Third Fiscal Quarter 2008 Financial Results on May 15, 2008
Wednesday May 7, 5:37 am ET


SHENZHEN, China, May 7 /Xinhua-PRNewswire/ -- Noah Education Holdings Ltd. ("Noah") (NYSE: NED - News), a leading provider of interactive education content in China, today announced that it will report its financial results for the third fiscal quarter ended March 31, 2008 after the U.S. markets close on May 15, 2008.
Noah's management will host an earnings conference call at 8 p.m. on May 15, 2008 U.S. Eastern Standard Time (8 a.m. on May 16, 2008 Beijing/Hong Kong time).


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

US Toll Free: +1-866-700-0133
Hong Kong: +852-3002-1672
International: +1-617-213-8831

Please dial-in 10 minutes before the call is scheduled to begin and provide the passcode to join the call. The passcode is "Noah Earnings Call."

A replay of the conference call may be accessed by phone at the following number until June 14, 2008:

International: +1-617-801-6888

Passcode: 72140556

Additionally, a live and archived webcast of the conference call will be available at http://ir.noahtech.com.cn .

About Noah

Noah Education Holdings Limited ("Noah") (NYSE: NED - News) is a leading provider of interactive education content in China. Noah develops and markets interactive multimedia learning materials mainly to complement prescribed textbooks used in China's primary and secondary school curricula. Noah delivers content primarily through handheld digital learning devices, or DLDs. Additionally, Noah operates nine after-school tutoring centers in Chengdu, Chongqing and Beijing as part of its strategy to become China's leading brand in supplemental education content and service.


For investor and media inquiries, please contact:

In China:
Wendy Li
Noah Education Holdings Limited
Tel: +86-755-8204-3194
Email: lixin@noah21cn.com

Helen Plummer
Ogilvy Public Relations Worldwide (Beijing)
Tel: +86-10-8520-3090
Email: helen.plummer@ogilvy.com

In the United States:
Jessica Cohen
Ogilvy Public Relations Worldwide (New York)
Tel: +1-646-460-9989
Email: jessica.cohen@ogilvy.com




--------------------------------------------------------------------------------
Source: Noah Education Holdings Limited

Noah Education Holdings' NP Series Digital Learning Device with Graphic Calculator Technology Chosen as Exclusive Learning Device for Mathematics in National Network Originality Competition in China
Wednesday April 30, 5:00 am ET


SHENZHEN, China, April 30 /Xinhua-PRNewswire/ -- Noah Education Holdings Ltd. (''Noah'') (NYSE: NED - News), a leading provider of interactive education content in China, today announced that Noah's NP series digital learning device (DLD), with graphic calculator technology, has been chosen as the exclusive learning device for mathematics in China's National Network Originality Competition (NOC).
The NOC is a nationwide competition created to improve students' knowledge of intellectual property rights and innovation. Now in its sixth year, the NOC draws more than 12 million student and teacher participants and approximately 26 million additional people are involved in some capacity. Students and teachers participate first at the city level, then at the county and eventually at the national level. Noah's NP series DLD with graphic calculator technology will be used exclusively in both the Application Math and Discovery Math competitions.

''This exclusive agreement with the NOC demonstrates the strength of the Noah brand and the confidence China's top educators and innovators have in Noah's full-spectrum education products and content," said Noah's chairman and chief executive officer, Mr. Dong Xu, ''We are pleased to work with the NOC and play an important role in generating greater appreciation for and understanding of innovation and intellectual property rights among China's youth.

Mr. Rick Chen, executive vice president of Noah commented, ''Noah is excited to use this opportunity to expose a great number of China's most talented students and teachers to the capabilities of Noah's latest DLDs and superior content offerings. Our goal is to become the brand of choice in supplemental education in China. Participation in China's top educational competitions, like the NOC, will bring more engaged students and teachers into the community of learning we are building around the Noah brand.''

China's annual NOC began in 2002 and now hosts competitions including applied mathematics, graphic design, website design, web-based composition for students, and lecturing ability for participating educators. The mathematics portions of the NOC will take place in July 2008 in the city of Wuhan.

About Noah

Noah Education Holdings Limited (''Noah'') (NYSE: NED - News) is a leading provider of interactive education content in China. Noah develops and markets interactive multimedia learning materials mainly to complement prescribed textbooks used in China's primary and secondary school curricula. Noah delivers content primarily through handheld digital learning devices, or DLDs. Additionally, Noah operates nine after-school tutoring centers in Chengdu, Chongqing and Beijing as part of its strategy to become China's leading brand in supplemental education content and service.


For more information about Noah, please visit http://www.noahtech.com.cn .


For investor and media inquiries, please contact:

In China:
Rick Chen
Noah Education Holdings Limited
Tel: +86-755-8204-3465
Email: rick_chen@noah21cn.com

Helen Plummer
Ogilvy Public Relations Worldwide (Beijing)
Tel: +86-10-8520-3090
Email: helen.plummer@ogilvy.com

In the United States:
Jessica Cohen
Ogilvy Public Relations Worldwide (New York)
Tel: +1-646-460-9989
Email: jessica.cohen@ogilvy.com




--------------------------------------------------------------------------------
Source: Noah Education Holdings Limited

I dunno I-3. Up over 9% / 54 cents.

$6.33[-] $6.38 $6.3401 0.5401 9.31% $5.80 $5.75 204,920

What's up with NED today?

Noah Education to present at Brean Murray Carret & Company 4th Investor Tour of China
Monday March 31, 5:00 am ET


SHENZHEN, China, March 31 /Xinhua-PRNewswire/ -- Noah Education Holdings Ltd. (''Noah'') (NYSE: NED - News), a leading provider of interactive education content in China, today announced that Mr. Rick Chen, Noah Education's executive vice president, will present at the Brean Murray Carret & Co. 4th Investor Tour of China. The tour will hold meetings in Beijing on Monday, March 31st and Tuesday, April 1st, 2008. The group will then travel to Shenzhen on Wednesday, April 2nd through Thursday April 3rd and move on to Shanghai on Friday, April 4th. Rick Chen will present at the following time and location:

Brean Murray Carret & Co. 4th Investor Tour of China
Date: Wednesday, April 2nd, 2008
Time: 1:30 PM (local time)
Location: Marco Polo Shenzhen Hotel

About Noah

Noah Education Holdings Limited (''Noah'') (NYSE: NED - News) is a leading provider of interactive education content in China. Noah develops and markets interactive multimedia learning materials mainly to complement prescribed textbooks used in China's primary and secondary school curricula. Noah delivers content primarily through handheld digital learning devices, or DLDs. In 2007, Noah opened nine after-school tutoring centers in Chengdu, Chongqing and Beijing as part of its strategy to become China's leading brand in supplemental education content and service.


For more information about Noah, please visit http://www.noahtech.com.cn .

For investor and media inquiries, please contact:

In China:
Mr. Rick Chen
Noah Education Holdings Limited
Tel: +86-755-8204-3465
Email: rick_chen@noah21cn.com

Mrs. Helen Plummer
Ogilvy Public Relations Worldwide (Beijing)
Tel: +86-10-8520-3090
Email: helen.plummer@ogilvy.com

In the United States:
Jessica Cohen
Ogilvy Public Relations Worldwide (New York)
Tel: +1-646-460-9989
Email: jessica.cohen@ogilvy.com




--------------------------------------------------------------------------------
Source: Noah Education Holdings Ltd.

Making Cents in Penny Stocks

By Rich Duprey March 27, 2008

http://www.fool.com/investing/general/2008/03/27/making-cents-in-penny-stocks.aspx

The occasional shower of pennies from heaven might do our bank accounts some good, but we Fools can't say the same for penny stocks.

The world of penny stocks is often full of manipulation and deceit, making it harder for investors to separate its few good offerings from the multitude best ignored. Though some investors think cheaper stocks have a greater chance to appreciate, those stocks may be cheap for a reason. Indeed, a $20 stock may have even better chances of gaining value than a $0.20 one.

Still, many investors dabble at the low end of the stock-price spectrum. At Motley Fool CAPS, we award the "Pennies" title to investors who rate stocks trading in the single digits more than half the time. Believe it or not, you'll find some of the best CAPS All-Stars among those players.

Pinching pennies

This week, we'll look at some of the low-priced investments these All-Stars have praised. If the best investors regularly scanning this end of the market have singled out these companies, we might want to turn our umbrellas upside-down -- or run for cover!

Here's the latest list of low-priced stocks with All-Star support:



As we delve into the low-priced "pennies," we find that all of the companies are generally well-liked by the CAPS community; most are rated four stars or better.

Small stuff, big growth

Even investors in the relatively new Chinese stock market can get jittery when conditions don't remain "just so." That helps to explain why even the Shanghai index sits some 40% below its October 2007 highs. Individual issues can also get hit when they don't conform to some Goldilocks standard -- just like what happened with recent IPO Noah Education.

The provider of digital educational content in China suffered a meltdown last November after one of its digital learning devices (DLD) failed to carry a required environmental compliance sticker. It probably didn't help that management seemed to try to sweep the matter under the rug, making Noah one of the worst stocks in the world.

Still, the company has forecast 22% to 24% revenue growth for 2008, along with a 74% to 81% increase in profits. Admittedly, those are down from prior estimates -- another matter management neglected to highlight.

Yet Noah's potential has investors betting that it will be able to regain its short-lived IPO glory. CAPS investor dockofthebay thinks that with the sticker issue behind it, Noah has "far too much potential to ignore."

Similarly, CAPS player KSB47 finds the digital learning company uniquely positioned to capitalize on the demographic needs and trends of the Chinese population, as outlined in this pitch from the end of last year:

A very high emphasis is placed on education in China. ... In China, [one-child policy] children are raised to be as successful as possible because they will be responsible for taking financial care of their parent's later in life. There are currently 291 million children between the ages of 5-19, Noah's target audience. Noah is the ONLY interactive educational company to partner with China's Ministry of Education. With over 30,000 course titles, Noah is very well positioned to capitalize on the necessity (not need) for higher learning. ... Company is looking at organic growth and growth through acquisitions.

NOAH repurchase program:


http://ir.noahtech.com.cn/phoenix.zhtml?c=215469&p=irol-newsArticle&ID=1122417&highlight=

Noah Education Honored with Invitation to 8th Annual General Administration of Quality Supervision, Inspection and Quarantine Fair
Wednesday March 26, 8:49 am ET


SHENZHEN, China, March 26 /Xinhua-PRNewswire/ -- Noah Education Holdings Ltd. ("Noah") (NYSE: NED - News), a leading provider of interactive education content in China, today announced that as an "Exempt From Inspection Company," Noah was invited to participate in the eighth annual International Fair for Consumer Rights in Beijing on March 15th, 2008, hosted by the General Administration of Quality Supervision, Inspection and Quarantine (QSI) and the China Association for Quality Inspection.
"The QSI Fair is an excellent way for Noah to interact with consumers. We were able to teach customers about our full-spectrum of educational offerings, witness users' reactions and gather immediate feedback," said Mr. Dong Xu, Noah's chairman and chief executive officer. "The fair's theme was 'Shared Responsibility', and proved a compelling platform for us to educate consumers on our safety and quality standards, guidelines and processes. Working side- by-side with the QSI was a powerful experience, and, most importantly, customers left the fair with a better understanding of Noah and an even greater confidence in the quality of our offerings."

QSI invited Noah to participate in the fair alongside more than twenty other well-known enterprises and local and national administrative units. At the fair, the company had the opportunity to display product and service offerings and advise consumers on how to use, upgrade and access Noah's content and after-sales services.

About Noah

Noah Education Holdings Limited ("Noah") (NYSE: NED - News) is a leading provider of interactive education content in China. Noah develops and markets interactive multimedia learning materials mainly to complement prescribed textbooks used in China's primary and secondary school curricula. Noah delivers content primarily through handheld digital learning devices, or DLDs. In 2007, Noah opened nine after-school tutoring centers in Chengdu, Chongqing and Beijing as part of its strategy to become China's leading brand in supplemental education content and service.


For more information about Noah, please visit http://www.noahtech.com.cn .

For investor and media inquiries, please contact:

In China:
Rick Chen
Noah Education Holdings Limited
Tel: +86-755-8204-3465
Email: rick_chen@noah21cn.com

Helen Plummer
Ogilvy Public Relations Worldwide (Beijing)
Tel: +86-10-8520-3090
Email: helen.plummer@ogilvy.com

In the United States:
Jessica Cohen
Ogilvy Public Relations Worldwide (New York)
Tel: +1-646-460-9989
Email: jessica.cohen@ogilvy.com




--------------------------------------------------------------------------------
Source: Noah Education Holdings

Noah Education Holdings, Thomas Group: Biggest Price Decliners (NED, TGIS)
February 20, 2008 12:58 p.m.
Noah Education Holdings Ltd. ADS topped the list of Biggest Percentage Price Decliners on the New York Stock Exchange at midday on Wednesday. See the full list.

Thomas Group Inc. topped the list of Biggest Percentage Price Decliners on the Nasdaq Stock Market. See the full list.

Go to Markets Data Center (WSJMarkets.com) for complete coverage.
--------------------------------------------------------------

B $5.54[-] /A $5.57 /L $5.57 /-1.22$ /-17.97% /PC $6.79 / O $5.90 /V 646,637 2/20/2008 1:12:04 PM ET ~ASW~

Noah Education Announces Results for the Second Fiscal Quarter Ended December 31, 2007
Tuesday February 19, 5:00 pm ET

SHENZHEN, China, Feb. 19 /Xinhua-PRNewswire/ -- Noah Education Holdings Ltd. ("Noah") (NYSE: NED - News), a leading provider of interactive education content in China, today announced its unaudited financial results for the fiscal quarter ended December 31, 2007, which is the second quarter for Noah's fiscal year ending June 30, 2008.(1)

Highlights for the Second Fiscal Quarter Ended December 31, 2007

-- Total net revenues were RMB122.4 million (US$16.8 million), a decrease
of 2.6% over the corresponding period last year.

-- Net income was RMB13.8 million (US$1.9 million), an increase of 199.9%
year-over-year. Net income excluding share-based compensation expenses
and the change in the fair value of warrants (non-GAAP) was RMB27.7
million, an increase of 75.5% year-over-year.

-- Basic and diluted earnings per share were RMB0.40 (US$0.05) and RMB0.38
(US$0.05), compared to RMB1.58 (US$0.21) and RMB1.50 (US$0.20) of the
previous quarter, respectively. Basic and diluted earnings per share
excluding share-based compensation expenses and the change in the fair
value of warrants (non-GAAP) were RMB0.79 (US$0.11) and RMB0.77
(US$0.11), compared to RMB1.85 (US$0.25) and RMB1.83 (US$0.24) of the
previous quarter, respectively.

-- Total sales volume of handheld Digital Learning Devices (DLDs) for the
second quarter decreased 16.5% year-over-year to approximately 111,000.

-- E-dictionary sales volume decreased to approximately 173,000 from
229,000 in the second quarter of the previous year.

-- Total coursewares available increased to approximately 32,000 from
30,000 in the previous quarter and 21,000 in the second quarter of the
previous year. During the quarter, Noah rolled out China's first
graphic calculator technology in DLDs.

-- During the quarter, the company opened 6 new after-school tutoring
centers in Chengdu, Chongqing and Beijing, bringing the total number of
such centers to 9.

"Overall this quarter has been a solid one for Noah,'' said Mr. Dong Xu, Noah's Chairman and Chief Executive Officer. ''Sales of our DLDs were down primarily due to the market reaction to a missing environmental compliance sticker on one of our products and our subsequent voluntary action to address customer concerns regarding this issue (''the missing label issue''). In response, we implemented a comprehensive review of our quality-control programs to ensure that such an occurrence does not take place again, and we also launched an aggressive brand-building campaign to assure students and their families that all of our products meet the highest quality standards. By the end of the quarter, sales of our DLDs were back on track. We are confident that the missing label issue is behind us and that with the introduction of new product offerings such as graphic calculator technology, revenue growth in the coming quarters will be strong.''

Mr. Xu continued, ''We are also very pleased to announce the launch of a new school initiative during the last quarter, which has placed Noah products, content and services directly in front of students and teachers in a number of primary and middle schools across China, reaching over a half million students so far. Going forward we plan to roll out this initiative in many more schools with a goal of reaching millions more. Not only is this new initiative successful in raising visibility and strengthening brand-loyalty, it also helps students to better understand the breadth and depth of our superior content offerings and is exceedingly cost effective in terms of utilizing our marketing and sales dollars. This and other initiatives continue to build upon our vision of becoming the number one provider of supplemental education products, content and services in China.''

Financial Results for the Fiscal Quarter Ended December 31, 2007

For the second fiscal quarter of 2008, Noah reported net revenues of RMB122.4 million (US$16.8 million), a 2.6% decrease over net revenues of RMB125.7 million in the second quarter of the previous year. The decrease was primarily attributable to the negative impact caused by the missing label issue.

Total sales volume of DLDs for the quarter was 111,000, a 16.5% decrease from approximately 133,000 in the second quarter of fiscal year 2007.

E-dictionary sales volume decreased to approximately 173,000, a 24.5% decrease over 229,000 sold in the same year-ago period.

Total coursewares available increased to approximately 32,000 from 30,000 in the previous quarter and 21,000 in the second quarter of the previous year and graphic calculator technology was added to certain DLD products used to teach mathematics.

Gross profit margins were 46.7% compared to 47.6% in the corresponding period last year. The decrease was primarily attributable to the write down of the NP800 due to the missing label issue.

Total operating expenses as a percentage of net revenue were 50.9%, compared to 50.8% in the corresponding period last year. Sales and marketing expenses were RMB40.0 million, or 32.7% of revenues, compared to RMB34.2 million, or 27.2% of revenues in the corresponding period last year.

Operating margin for the quarter was 5.3% compared to 6.7% in the corresponding period last year. Excluding share-based compensation expenses, operating margin for the quarter was 16.4%, compared to 15.5% in the corresponding period last year.

Total share-based compensation expenses, which were allocated to related operating costs and expenses, increased 21.6% to RMB13.6 million (US$1.9 million) up from RMB11.2 million in the corresponding period last year.

Net income for the quarter was RMB13.8 million (US$1.9 million), a 199.9% increase over RMB4.6 million in the second fiscal quarter of 2007. Net income excluding share-based compensation expenses and the change in the fair value of warrants (non-GAAP) was RMB27.7 million, an increase of 75.5% year-over- year.

Basic and diluted earnings per share amounted to RMB0.40 (US$0.05) and RMB0.38 (US$0.05) compared to RMB 1.58 (US$0.21) and RMB 1.50 (US$0.20) of the previous quarter, respectively. Each ADS represents one ordinary share. The weighted averaged ordinary shares outstanding in calculating basic and diluted earnings per share were 34,925,840 and 36,022,820, respectively.

Net income excluding share-based compensation expenses and the change in the fair value of warrants was RMB27.7 million (US$3.8 million). Basic and diluted earnings per share excluding share-based compensation expenses and the change in the fair value of warrants were RMB0.79 (US$0.11) and RMB0.77 (US$0.11), respectively.

As of December 31, 2007, Noah had cash and cash equivalents of RMB1.05 billion (US$144.1 million).

Financial Results for the Six Months Ended December 31, 2007

For the six months ended December 31, 2007, Noah reported net revenues of RMB369.9 million (US$50.6 million), a 22.3% increase over net revenues of RMB302.5 million in the corresponding period last year.

Operating margin for the six months ended December 31, 2007 was 15.5% compared to 13.6% in the six months ended December 31, 2006.

Net income for the six months ended December 31, 2007 was RMB58.3 million (US$8.0 million), a 59.7% increase over RMB36.5 million in the six months ended December 31, 2006. Basic and diluted earnings per share amounted to RMB1.69 (US$0.23) and RMB1.63 (US$0.22), respectively.

Net income excluding share-based compensation expenses and the change in the fair value of warrants (non-GAAP) for the six months ended December 31, 2007 was RMB79.8 million (US$10.9 million), representing a 67.4% increase year-over-year. Basic and diluted earnings per share excluding share-based compensation expenses and the change in the fair value of warrants were RMB2.39 (US$0.33) and RMB2.30 (US$0.31), respectively.

Outlook for Fiscal Year 2008

Noah expects its total net revenue for fiscal year 2008 (July 1, 2007 to June 30, 2008) to be in the range of RMB680 million (US$93 million) to RMB690 million (US$94 million), representing year-over-year growth in the range of 22% to 24%, respectively. Noah expects net profits in fiscal year 2008 to be in the range of RMB115 million (US$15.7) to RMB120 million (US$16.4), representing year-over-year growth in the range of 74% to 81%. This forecast reflects Noah's current and preliminary view, which is subject to change.

Conference Call Information

Noah's management will host an earnings conference call at 8 p.m. on February 19, 2008 U.S. Eastern Standard Time (9 a.m. on February 20, 2008 Beijing/Hong Kong time).

Dial-in details for the earnings conference call are as follows:
US: +1-617-597-5307
Hong Kong: +852-3002-1672

Please dial-in 10 minutes before the call is scheduled to begin and provide the passcode to join the call. The passcode is "Noah earnings call".

A replay of the conference call may be accessed by phone at the following number until March 19, 2007:

International: +1-617-801-6888

Passcode: 51558775

Additionally, a live and archived webcast of this conference call will be available at http://ir.noahtech.com.cn .

About Noah

Noah Education Holdings Limited (''Noah'') (NYSE: NED - News) is a leading provider of interactive education content in China. Noah develops and markets interactive multimedia learning materials mainly to complement prescribed textbooks used in China's primary and secondary school curricula. Noah delivers content primarily through handheld digital learning devices, or DLDs. In 2007, Noah opened its first after-school tutoring center in Chengdu, China as part of its strategy to become China's leading brand in supplemental education content and service. For more information about Noah, please visit http://www.noahtech.com.cn .

Safe Harbor Statement

This press release contains forward-looking statements that reflect Noah's current expectations and views of future events that involve known and unknown risks, uncertainties and other factors that may cause our actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Noah has based these forward-looking statements largely on its current expectations and projections about future events and financial trends that it believes may affect its financial condition, results of operations, business strategy and financial needs. You should understand that our actual future results may be materially different from and worse than what Noah expects. Information regarding these risks, uncertainties and other factors is included in Noah's filings with the SEC.


Noah Education Holdings Ltd.
Condensed Consolidated Statements of Operations

Three months ended Six months ended
31 December 31 December
2006 2007 2006 2007
(Unaudited) (Unaudited) (Unaudited) (Unaudited)
RMB RMB RMB RMB
Net revenue 125,668,894 122,411,495 302,499,073 369,897,102
Cost of revenue (65,889,000) (65,248,283) (137,682,782) (188,504,372)
Gross profit 59,779,894 57,163,212 164,816,291 181,392,730
Total operating
expenses (63,781,905) (62,272,756) (146,971,969) (150,123,836)
Other operating
income 12,383,454 11,575,260 23,200,514 25,897,848
Operating income 8,381,443 6,465,716 41,044,836 57,166,741
Derivative loss -- (285,783) -- (6,062,347)
Interest income 296,648 8,353,742 1,150,208 8,547,124

Income before income
taxes 8,678,091 14,533,675 42,195,044 59,651,518

Income taxes (4,071,389) (718,624) (5,672,297) (1,338,848)

Net income 4,606,702 13,815,051 36,522,747 58,312,670

Deemed dividend (379,093) -- (758,186) (379,092)
Preference stock
dividends -- -- (17,705,374) --

Net income
attributable to
ordinary
shareholders 4,227,609 13,815,051 35,764,561 57,933,578

Net income per share
Basic 0.18 0.40 1.28 1.69
Diluted 0.16 0.38 1.27 1.63
Income attributable
to shareholders
Basic 3,824,269 13,815,051 27,432,662 47,655,485
Diluted 4,606,702 14,100,834 27,256,033 47,655,485
Weighted average
ordinary shares
outstanding
Basic 21,473,442 34,925,840 21,473,442 28,145,005
Diluted 28,202,872 36,022,820 27,578,246 29,252,074




Noah Education Holdings Ltd.
Condensed Consolidated Balance Sheet

September 30, December 31,
2007 2007
(Unaudited) (Unaudited)
RMB RMB
Assets:
Current assets
Cash and cash equivalents 77,493,046 1,052,686,157
Accounts receivables, net of
allowance 149,471,911 138,828,764
Related party receivables 553,434 3,113,771
Inventories 99,353,642 95,475,567
Prepaid expenses, deferred tax assets
and other current assets 46,525,425 50,753,154
Total current assets 373,397,458 1,340,857,413
Property, plant and equipment, net 17,086,715 17,715,849
Intangible assets, net 7,150,397 8,045,998
Total assets 397,634,570 1,366,619,260
Liabilities and Shareholders' Equity
Current liabilities
Accounts payable 67,200,483 51,616,818
Other payables, accruals, advances
from customers and deferred revenues 38,362,041 40,573,588
Income taxes payable 1,418,528 902,058
Total current liabilities 106,981,052 93,092,464
Warrants 10,614,465 10,605,494
Total liabilities 117,595,517 103,697,958
Mezzanine Equity
Convertible Series A Preference Shares 129,754,379 --
Shareholders' Equity
Ordinary shares 8,888 15,395
Additional paid-in capital 50,587,326 1,171,639,152
Accumulated other comprehensive loss (5,859,000) (28,095,758)
Retained earnings 105,547,460 119,362,513
Total shareholders' equity 280,039,053 1,262,921,302
Total liabilities and shareholders'
equity 397,634,570 1,366,619,260



About Non-GAAP Financial Measures

To supplement its financial information presented in accordance with accounting principles generally accepted in the United States (''GAAP''), Noah uses the following measures defined as non-GAAP measures by the SEC: adjusted gross profit, adjusted operating income and adjusted net income, each excluding share-based compensation expenses and changes in the fair value of warrants issued to Lehman Brothers Commercial Corporation Asia Limited to purchase additional ordinary shares. Noah believes that gross profit, operating income and net income measures on non-GAAP basis indicate Noah's baseline performance before subtracting those charges. In addition, these non-GAAP measures are among the primary indicators management uses as a basis for its planning and forecasting of future periods. By disclosing the non- GAAP amounts, management intends to provide investors with additional information to analyze Noah's performance and underlying trends. The presentation of these non-GAAP measures is not intended to be considered in isolation or as for financial information prepared and presented in accordance with GAAP. See the table below for a reconciliation of non-GAAP amounts to amounts reported under GAAP.

Noah Education Holdings Ltd.
Reconciliation of Non-GAAP to GAAP

Three months ended
31 December
2006 2007
(Unaudited) (Unaudited)
RMB % of Rev RMB % of Rev
GAAP net revenue 125,668,894 100% 122,411,495 100%
GAAP gross profit 59,779,894 47.6% 57,163,212 46.7%
Share-based compensation 228,932 0.2% 50,408 0.0%
Non-GAAP gross profit 60,008,826 47.8% 57,213,620 46.7%
GAAP operating income 8,381,443 6.7% 6,465,716 5.3%
Share-based compensation 11,156,819 8.9% 13,567,890 11.1%
Non-GAAP operating income 19,538,262 15.5% 20,033,606 16.4%
GAAP net income 4,606,702 3.7% 13,815,051 11.3%
Share-based compensation 11,156,819 8.9% 13,567,890 11.1%
Change in the fair value of
warrants -- -- 285,783 0.2%
Non-GAAP net income 15,763,521 12.5% 27,668,724 22.6%
GAAP net income per share
Basic 0.18 0.40
Diluted 0.16 0.38
Non-GAAP net income per share
Basic 0.58 0.79
Diluted 0.56 0.77


Six months ended
31 December
2006 2007
(Unaudited) (Unaudited)
RMB % of Rev RMB % of Rev
GAAP net revenue 302,499,073 100% 369,897,102 100%
GAAP gross profit 164,816,291 54.5% 181,392,730 49.0%
Share-based compensation 228,932 0.1% 252,157 0.1%
Non-GAAP gross profit 165,045,223 54.6% 181,644,887 49.1%
GAAP operating income 41,044,836 13.6% 57,166,741 15.5%
Share-based compensation 11,156,819 3.7% 15,417,277 4.2%
Non-GAAP operating income 52,201,655 17.3% 72,584,018 19.7%
GAAP net income 36,522,747 12.1% 58,312,670 15.8%
Share-based compensation 11,156,819 3.7% 15,417,277 4.2%
Change in the fair value of
warrants -- 0.0% 6,062,347 1.6%
Non-GAAP net income 47,679,566 15.8% 79,792,294 21.6%
GAAP net income per share
Basic 1.28 1.69
Diluted 1.27 1.63
Non-GAAP net income per share
Basic 1.67 2.39
Diluted 1.66 2.30



This announcement contains translations of certain RMB amounts into U.S. dollars at specified rates solely for the convenience of the reader. Unless otherwise noted, all translations from RMB to U.S. dollars are made at a rate of RMB7.3040 to US$1.00, the effective noon buying rate as of December 28, 2007 in The City of New York for cable transfers of RMB as certified for customs purposes by the Federal Reserve Bank of New York.

(1) This announcement contains translations of certain RMB amounts into
U.S. dollars at specified rates solely for the convenience of the
reader. Unless otherwise noted, all translations from RMB to U.S.
dollars are made at a rate of RMB7.3040 to US$1.00, the effective noon
buying rate as of December 28, 2007 in The City of New York for cable
transfers of RMB as certified for customs purposes by the Federal
Reserve Bank of New York.


For investor and media inquiries, please contact:

In China:
Rick Chen
Noah Education Holdings Limited
Tel: +86-755-8204-3465
Email: rick_chen@noah21cn.com

Helen Plummer
Ogilvy Public Relations Worldwide (Beijing)
Tel: +86-10-8520-3090
Email: helen.plummer@ogilvy.com

In the United States:
Jessica Barist Cohen
Ogilvy Public Relations Worldwide (New York)
Tel: +1-646-460-9989
Email: jessica.cohen@ogilvy.com


Source: Noah Education Holdings Limited

taking a hit after hours...

whether deserved or not - dangerous to hold into earnings if even a perceived missed occurs. One thing that was irritating is that the sticker issue did have a negative impact when the company had stated that it shouldn't.

$4 per share in cash and company is growing.

Oh well - not the big upward spike that was hoping for to say the least.

and now it's tonight...

hoping for strong earnings and even more important - a sunny outlook.

Conference call manana.

Posted in iBox. Thanx, Old Pro! ~ASW

hoping for strong earnings...

here's how IBD rates NED in fundamentals in the computer software education & entertainment software sector - which contains companies like Activision, Electronic Arts, etc.

getting back near even money...

on this - just needs to pop above 7. will hold for earnings - think that outlook should really shine if recent News is any indication. The little information that can gleam from website and Yahoo board indicates sales are very good. we'll see.

Noah Education Holding Limited Earnings Conference Call (Q2 2008)
Scheduled to start Tue, Feb 19, 2008, 8:00 pm Eastern
Check back at the scheduled start time for
the audio link to appear in this spot.
Add This Event To Your Yahoo! Calendar

After the event has finished, the audio will be available
from this page until Thu, Feb 19, 2009

About Noah Education Holding Limited (NYSE:NED)

Noah Education Holdings, Ltd., through its subsidiaries, engages in the development, marketing, and distribution of interactive education content in the People’s Republic of China. It offers interactive, multimedia learning materials primarily to complement prescribed textbooks used in China’s primary and secondary school curriculum covering subjects, such as English, Chinese, mathematics, physics, chemistry, biology, geography, political science, and history; and sells electronic dictionaries. The company delivers its content primarily through handheld digital learning devices, into which its content is embedded or subsequently downloaded at approximately 8,500 points of sale, approximately 2,000 download centers, or through its Web site noahedu.com. As of June 30, 2007, it had developed a collection of approximately 28,000 courseware titles, each of which corresponds to a chapter of a printed textbook or a topic covered by a textbook. The company was founded in 1999. It was formerly known as Noah Technology Holdings, Ltd. and changed its name to Noah Education Holdings, Ltd. in 2006. The company is headquartered in Shenzhen, the People’s Republic of China.

Noah Education Rolls Out Three New DLD Products
Monday February 4, 8:00 am ET


SHENZHEN, China, Feb. 4 /Xinhua-PRNewswire/ -- Noah Education Holdings Ltd. ("Noah") (NYSE: NED - News), a leading provider of interactive education content in China, today announced the roll out of three new Digital Learning Device (DLD) products: the NP1100, NP1200 and NP980.
Noah's new DLDs cover nine academic subjects in arts and natural science areas, include over 600,000 test questions in mathematics, physics and chemistry, and host 5,000 sample compositions and nearly 24,000 e-books. The NP1100 and NP1200 also feature innovative functions including Noah's newly developed graphic calculator technology and Pocket English, an English language learning tool that allows students to challenge themselves through competitive learning. They also bring Riverdeep Fun Mathematics, based on the original Riverdeep textbooks of the same name, to Chinese students for the first time.

"These exciting additions to Noah's portfolio of DLDs will give students a powerful academic advantage through unprecedented breadth and depth of academic content on Noah's stylish and user-friendly handheld learning devices," said Mr. Dong Xu, Noah's chairman and chief executive officer. "Our continued partnerships with leading content providers such as Riverdeep, one of the fastest growing education and consumer software companies in the United States, as well as our in-house team of more than 500 content developers and editors, and our Teacher's Alliance of 250 contributing educators, continue to allow us to bring the very best education content available to China's growing market of 291 million school aged children."

About Noah

Noah Education Holdings Limited ("Noah") (NYSE: NED - News) is a leading provider of interactive education content in China. Noah develops and markets interactive multimedia learning materials mainly to complement prescribed textbooks used in China's primary and secondary school curricula. Noah delivers content primarily through handheld digital learning devices, or DLDs. In 2007, Noah opened its first after-school tutoring center in Chengdu, China as part of its strategy to become China's leading brand in supplemental education content and service. For more information about Noah, please visit http://www.noahtech.com.cn .


For investor and media inquiries, please contact:

In China:
Rick Chen
Noah Education Holdings Limited
Tel: +86-755-8204-3465
Email: rick_chen@noah21cn.com

Helen Plummer
Ogilvy Public Relations Worldwide (Beijing)
Tel: +86-10-8520-3090
Email: helen.plummer@ogilvy.com

In the United States:
Jessica Cohen
Ogilvy Public Relations Worldwide (New York)
Tel: +1-646-460-9989
Email: jessica.cohen@ogilvy.com




--------------------------------------------------------------------------------
Source: Noah Education Holdings Limited

would like to see hold...

the gains and move to around 7.5 - 8 area before earnings - which is really a the most important thing - along with outlook. plan to hold into earnings.

up big - on yahoo said there...

was an openheimer upgrade - haven't seen it. Glad I held though.

NED up.

Noah Education to Report Second Fiscal Quarter Financial Results on February 19, 2008
Tuesday January 29, 8:00 am ET

SHENZHEN, China, Jan. 29 /Xinhua-PRNewswire-FirstCall/ -- Noah Education Holdings Ltd. ("Noah") (NYSE: NED - News), a leading provider of interactive education content in China, today announced that it will report its financial results for the second fiscal quarter ended December 31, 2007 after the U.S. market closes on February 19, 2008.

Noah's management will host an earnings conference call at 8 p.m. on February 19, 2008 U.S. Eastern Standard Time (9 a.m. on February 20, 2008 Beijing/Hong Kong time).

Dial-in details for the earnings conference call are as follows:
US: +1-617-597-5307
Hong Kong: +852-3002-1672

Please dial-in 10 minutes before the call is scheduled to begin and provide the passcode to join the call. The passcode is "Noah Earnings Call."

A replay of the conference call may be accessed by phone at the following number until March 19, 2008:

International: +1-617-801-6888

Passcode: 51558775

Additionally, a live and archived webcast of the conference call will be available at http://ir.noahtech.com.cn .

About Noah

Noah Education Holdings Limited ("Noah") (NYSE: NED - News) is a leading provider of interactive education content in China. Noah develops and markets interactive multimedia learning materials mainly to complement prescribed textbooks used in China's primary and secondary school curricula. Noah delivers content primarily through handheld digital learning devices, or DLDs. In 2007, Noah opened its first after-school tutoring center in Chengdu, China as part of its strategy to become China's leading brand in supplemental education content and service. For more information about Noah, please visit http://www.noahtech.com.cn .

For investor and media inquiries, please contact:

In China:
Rick Chen
Noah Education Holdings Limited
Tel: +86-755-8204-3465
Email: rick_chen@noah21cn.com

Helen Plummer
Ogilvy Public Relations Worldwide (Beijing)
Tel: +86-10-8520-3090
Email: helen.plummer@ogilvy.com

In the United States:
Jessica Cohen
Ogilvy Public Relations Worldwide (New York)
Tel: +1-646-460-9989
Email: jessica.cohen@ogilvy.com


Source: Noah Education Holdings Limited

I'm amazed that NED has fallen to these levels. Undervalued.

Posted IAHL as 'THE ONE' on your board. ~ASW~

bought a bunch in the $8 range...

and holding most of it still. Tried to nibble below 5.5 and didn't get filled. maybe next week - more news wouldn't hurt.