March 17, 2014, China Distance Education Holdings Limited (“China Distance Education”, or the "Company", NYSE: DL) has successfully issued an aggregate of 4,000,000 American Depositary Shares (“ADS”). 1,500,000 ADSs was offered by the Company and 2,500,000 ADSs was offered by several selling shareholders. Each ADS represents four ordinary shares of the Company. The Company has granted to the underwriters a 30-day option to purchase up to an additional 225,000 ADSs and the selling shareholders have granted to the underwriters a 30-day option to purchase up to an additional 375,000 ADSs at a price of US$21 per ADS. The issuance raised approximately USD 8.4 million in total, and will be USD 96.6 million if the underwriters exercise their overallotment option in full.

China Distance Education, a leading provider of online education in China focusing on professional education, became the first listed distance education enterprise on NYSE in 2008.

Jingtian & Gongcheng acted as the issuer’s PRC legal counsel.