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

Distributed by Press Release

RIO DE JANEIRO, Brazil (Map) - 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 http://www.estacioparticipacoes.com/ir

    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
    carlos.lacerda@estacio.br
    Fernando Santino
    55 21 2433 9790
    fernando.santino@estacio.br
    ri@estacioparticipacoes.com
    http://www.estacioparticipacoes.com/ir

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.

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