Estacio Announces Consolidated Results: Adjusted Net Income Increases 36% to R$81 Million in 2007; EBITDA Reaches R$101 Million

    RIO DE JANEIRO, Brazil, March 19 /PRNewswire-FirstCall/ -- Estacio
 Participacoes S.A. (Bovespa, ESTC11) announces its 4Q07 and 2007
 consolidated results, with the following highlights:
-- In 2007, gross revenue totaled R$1.3 billion, 5.4% higher than in 2006. In the 4Q07, gross revenue stood at R$322 million, up 9.9% year-over- year. -- Our undergraduate student base reached 178,000 students on a nationwide basis by 2007 year end, up 6.9% from 2006. -- EBITDA came to R$100.7 million in 2007, with an 11.7% margin. Adjusted to non-recurring expenses, it totaled R$104.2 million (12.1% margin). EBITDA margin ex-rentals reached 19.9%. -- Net income totaled R$80.9 million in 2007, adjusted to the IPO non-recurring expenses and goodwill amortization from acquisitions, equivalent to 20% of Shareholders' Equity on 12/31/07. To access the Earnings Release full version visit our website at
Upcoming Events: Conference Calls English March 19, 2008 12:00 p.m. (US EDT) 1:00 p.m. (Brasilia) Tel.: +1(973) 935-8893 Replay: +1(706) 645-9291 Code: 38666449 Portuguese March 19, 2008 10:30 a.m. (US EDT) 11:30 a.m. (Brasilia) Tel.: +55 (11) 2188-0188 Replay: +55 (11) 2188-0188 Code: Estacio IR Contact Carlos Lacerda 55 21 2433 9789 Fernando Santino 55 21 2433 9790 About Estacio Participacoes Estacio Participacoes S.A. (BOVESPA: ESTC11), the largest private post- secondary education institution in Brazil in terms of number of enrolled students, has approximately 195,000 undergraduate students enrolled in its programs (03/18/2008), and reached a net revenue of R$ 860 million in 2007.

SOURCE Estacio Participacoes S.A.

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