SEB Reports Adjusted Net Income of R$27.53 Million in 2007, up 21.6%.

SAO PAULO, Brazil, March 31 /PRNewswire-FirstCall/ -- SEB - Sistema Educacional Brasileiro S.A. (Bovespa: SEBB11), one of the largest and most recognized private-sector education companies in Brazil, with 44 years in the market, announces today its results for the 4Q07 and FY07.

    Operating and Financial Highlights
      -- Adjusted Net Income of R$27.5 million in 2007, up 21.6% on 2006.
      -- Gross Revenue rose 17.8% in 2007, driven mainly by growth in the
         number of students.
      -- Own Students increased by 26.6% from 2006 to 2007, to 20,983 average
         students, while students from associated schools grew by 9.3% to
         186,553 students.
      -- Growth in 2007 was not impacted by the capitalization from the IPO
         proceeds, since the issue was carried out in October.
      -- 2007 was a very important year in SEB's history. In addition to
         posting its strongest growth rates of the past four years, the
         company laid the foundation for a new phase of accelerated growth.
         Able to tap the financial markets in the second half of 2007, SEB
         structured its operations to change the slope of its growth curve. As
         well as strengthening its sales team, the initial public offering led
         the company to organize itself to prepare for its new reality as a
         publicly held company.
      -- The acquisitions committed to in 2007 will be concluded in 2008, and
         therefore were not reflected in the 2007 numbers.
      -- SEB's commercial performance in 2007 is unparalleled in its recent
         history. The Learning System, which in recent years has grown just
         shy of double digits, is now positioned to quadruple this growth rate
         in 2008. The Distance Education segment is now poised to increase its
         revenue five-fold, after expanding its network to 151 markets (from
         50 in 2007) with 241 classrooms (from 57 in 2007). Even more mature
         segments will grow in 2008 at significantly higher rates than in the
         past few years.
      -- With the Dom Bosco acquisition, we are positioned to surpass our Net
         Revenues Guidance for 2008.

The Company will hold Conference Calls to discuss its results as detailed below. Download the slide presentation at SEB's website: http://www.sebsa.com.br/ir.

    ENGLISH at 11:00 a.m. (US EDT) - Phone: +1 (973) 935-8893 - Code: 39253677
    PORTUGUESE at 1:00 p.m. (US EDT) - Phone: + 55 (11) 2188-0188 - Code: SEB

    Investor Relations Contact:
    Marco Rossi
    CFO and IRO
    dri@sebsa.com.br

    Cristiane Daher de Camargos
    IR Manager
    cristiane.daher@sebsa.com.br
    Phone: +55 16 3603-9646