China Distance Education Holdings Limited Announces Expansion of Share Repurchase Program

China Distance Education Holdings Limited DL today announced that its board of directors has approved an increase of the repurchase quota under its current share repurchase program initially approved on November 20, 2008. Under the expanded share repurchase program, CDEL is authorized to repurchase up to an additional US$10 million worth of its issued and outstanding American Depositary Shares (which makes the total repurchase quota under the Company's share repurchase program US$20 million worth of ADSs) from time to time in open-market transactions on NYSE. The expanded share repurchase program will remain in effect initially for the next 12 months (subject to extension by the board of directors of the Company) and all the other terms of the Company's share repurchase program remain unchanged.