Document:

Sichuan
      Lanbeisi Kid Castle Education Development Co., Ltd

    Equity
      Transfer Agreement

    

    Party
      A:
      Sichuan Province Lanbeisi Education & Culture Industrial Co., Ltd
      (hereinafter “Party A” in this agreement)

    Address:

     

    
      	
              Legal
                Representative: 

            	
              Tel:

            

    

     

    Party
      B:
Shanghai
      Kid Castle Educational Info Constitution Company Limited
      (hereinafter “Party B” in this agreement)

    Address:
      Room 408, 1277 Beijing West Road, Shanghai

     

    
      	
              Legal
                Representative: Min
                Tan Yang  

            	
              Tel:
                02162893482

            

    

    

    Whereas:

     

    1)
      The
      Sichuan Lanbeisi Kid Castle Education Development Co., Ltd (hereinafter “Sichuan
      Kid Castle” or the “company”) invested and established by Sichuan Province
      Lanbeisi Education & Culture Industrial Co., Ltd on 23 June 2004 is the
      educational company established according to the law; the registered capital
      of
      the company is RMB0.8 million, and management scope of company covers the
      educational administration, training, consultancy service, enterprise image
      design, marketing design, cultural articles for use and toy sale, retail of
      books, periodicals and electronic publications; the company is registered at
      262
      Shuncheng Street, Qingyang District, Chengdu City, Sichuan;
      Party A
      is the shareholder the company and owns 45% equity, and is actually responsible
      for the comprehensive management of the company.

     

    2)
      Party
      A and Party B negotiate to sign this equity transfer agreement, which states
      that Party A shall transfer all its equity of Sichuan Kid Castle to Party B
      according to the terms and conditions of agreement, and Party B shall agree
      to
      accept all the equity of Sichuan Kid Castle owned by Party A according to the
      terms and conditions of agreement.

     

    The
      both
      parties hereby agree as follows:

     

    Article
      1: Transfer Object

     

    1.1
      Party
      A is the shareholder of Sichuan Kid Castle and enjoys all rights of the company
      stated by the Company Law, and this transfer has been ratified by the power
      authority of Sichuan Kid Castle.

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    1.2
      Party
      B accepts 45% equity of Sichuan Kid Castle owned by Party A.

     

    1.3
      The
      Chengdu Lanbeisi Foreign Language Training School invested and established
      by
      Sichuan Kid Castle (hereinafter the “school” in this agreement) is the school
      fully-owned, established and managed by Sichuan Kid Castle according to the
      law;
      for the establishing capital and school address, refer to the appendix of this
      agreement.

     

    Article
      2: Equity Transfer Price and Payment

     

    2.1
      The
      both parties agree that the total equity transfer fee in this agreement is
      RMB0.32 million.

     

    2.2
      Party
      B shall pay the first equity transfer fee of RMB200000
      to Party
      A within 2 days upon the signature of this agreement; Party B shall pay the
      second equity transfer fee of RMB60000
      within 5
      days after the documents required for the industrial and commercial alteration
      stated in article 5.1.4 of this agreement are submitted to and accepted by
      the
      relevant competent authorities such as the industrial and commercial
      administration formally;

     

    Party
      B
      shall pay the third equity transfer fee of RMB60000
      within 5
      days after all the above-mentioned alteration registrations/references are
      finished and the corresponding licenses and certificates are
      issued.

     

    2.3
      Payment of Equity Transfer Fee

    Party
      B
      shall transfer the above-mentioned equity transfer fee to the following account
      specified by Party A:

     

    Account
      Name: Sichuan
      Province Lanbeisi Education & Culture Industrial Co., Ltd

    Bank:
      Bank
      of China Shujing Avenue Branch

    Account
      Number: 39435388091001

     

    Article
      3: Transfer and Handover

     

    3.1
      Party
      A hereby transfers the equity of Sichuan Kid Castle and all related rights,
      interests and obligations to Party B according to the terms and conditions
      stated in this agreement. Party B hereby accepts the equity and all related
      rights, interests and obligations transferred by Party A according to the terms
      and conditions stated in this agreement, unless otherwise stated in this
      agreement.

     

    3.2
      The
      both parties agree together as follows: the both parties will deal with the
      detailed handover affair of the company and school according to the agreement
      about the time, content and other aspects: Party A specify                
       (autographical
      signature of assignee) as the check and handover principal of Party A, the
      company and school; Party B1 specifies                      
         (autographical
      signature of assignee) as the check and handover principal of Party B; the
      handover behaviors of principals specified by the both parties represent the
      behaviors of consigner and have the legal effectiveness.

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    3.3
      Party
      A shall prepare the handover list before 10 May 2007 according to the relevant
      regulations of this agreement and the detailed contents of agreement appendix,
      and the handover principals specified by the both parties shall deal with all
      the handover works, sign the handover list together and conclude this agreement
      at the same time properly and completely. Party A guarantees that the company
      management specified shall not invade and occupy the property of the
      company/school arbitrarily before that.

     

    3.4
      Party
      A shall hand over all the official seals, financial seal, accounting books
      and
      vouchers, invoices, checks and bank vouchers of the company and school to the
      person specified by Party B for storage, and the financial works such as income
      and expense shall be controlled together till the third equity transfer fee
      is
      paid. The legal representative seals of the company and school preset in the
      bank (the company is                      
      , and
      the school is                      
      )
      shall
      be kept by Party A during this period.

     

    Article
      4: Company Assets, Equities, Investments, Debts or
      Liabilities

     

    4.1
      For
      the detailed category of existing assets, category and amount of loans/debts
      and
      list of investments and invested institutions of the company, the contingent
      debts of the company, the current condition of company customers and business,
      company employees, advance expense/expanse receivable (including tuition) and
      the detailed information of students list, refer to the appendix of this
      agreement “current conditions list of the company”.

     

    4.2
      For
      the category and amount of company licenses, certificates and official seals,
      the company accounting books, vouchers (including the annual auditing report
      original and attached financial statement of each year), invoices, checks,
      bank
      vouchers, tax returns, the company statement till the end of April 2007
      (including but not limited to the balance sheet and income statement of the
      company), company systems and regulations, company memorandum (signed by the
      former shareholders), resolutions of each board meeting and general meeting
      of
      shareholders, the exterior economic agreements and interior administrative
      agreements (such as the labor agreement) of the company, refer to the appendix
      of this agreement “list of licenses, certificates, official seals, accounting
      books, system documents and agreements”.

     

    4.3
      For
      the
      detailed information such as the establishing fund and school address of Chengdu
      Lanbeisi Foreign Language Training School, refer to the appendix of this
      agreement. For the copy of the school running license of private school and
      license for private non-enterprise corporation of the school, the list of
      current conditions of school, the list of certificates, licenses, official
      seals, accounting books, system documents and agreements of school (the detailed
      content of list shall be confirmed by article 4.1 and 4.2), refer to the
      appendix.

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    4.4
      Party
      A promises that contents stated in article 4.1, 4.2 and 4.3 and all the lists
      and data provided according to that agreement, the handover list agreed in
      the
      above articles and the recorded information such as the assets of the company
      or
      school are true, precise, complete and timely, and it shall be responsible
      for
      them.

     

    Article
      5: Promises

     

    5.1
      Party
      A hereby promises:

     

    5.1.1
      to
      be responsible to urge the relevant personnel to sign the legal documents
      required to transact the alteration of legal representatives/principals,
      directors, supervisors, and
      schoolmaster
      of Sichuan Kid Castle and the school and provide the data required by the
      relevant competent authorities;

     

    5.1.2
      to
      assist Party B to implement all the rights and obligations related with the
      equity transfer and those owned by Party A in the memorandum of Sichuan Kid
      Castle, recall all the directors and supervisors dispatched to the company
      and
      school and the legal representatives/principals of school, and these positions
      shall be succeeded by the relevant personnel dispatched by Party B; this work
      shall be implemented at the same time according to the regulation of article
      3.3
      of this agreement about the handover work, and the duty handover will become
      effective since the handover day;

     

    5.1.3
      Party A shall stop implementing the shareholder rights of Sichuan Kid Castle
      interiorly after the handover is completed according to article 3.3 of this
      agreement, unless otherwise stated in this agreement;

     

    5.1.4
      to
      be responsible to transact the full transfer/alteration registration/reference
      affair of shareholders, directors, supervisors, legal representative related
      with this equity transfer, the annual inspection/annual auditing of school,
      the
      alteration registration/reference work of legal representative, preschool
      masters/schoolmaster,
      directors and supervisors and the signature of all documents required at the
      relevant competent authorities including the industrial and commercial
      administration; the above-mentioned work shall be completed properly within
      20
      days after the signature of this agreement at latest;

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    5.1.5
      to
      be responsible to transact the annual inspection/annual auditing 2006 of the
      school and guarantee the validity of school running licenses.

     

    5.2
      Party
      B hereby promises:

     

    5.2.1
      to
      support Party A to transact the full transfer/alteration affair of shareholders,
      directors, supervisors, legal representative related with this equity transfer,
      the annual inspection/annual auditing of school, the alteration registration
      work of legal representative/principal and directors and the signature of all
      documents required at the relevant competent authorities including the
      industrial and commercial administration;

     

    5.2.2
      Party B satisfies the conditions to accept the agreement object regulated by
      the
      law before transacting the equity alteration registration;

     

    5.2.3
      Party B has adequate capital capacity to purchase the agreement
      object;

     

    5.2.4
      to
      implement all the rights and obligations related with the equity and those
      owned
      by Party A in the memorandum of Sichuan Kid Castle prudently in the interior
      before the alteration procedures are completed.

     

    Article
      6: Statements and Guarantees

     

    6.1
      Party
      A hereby makes the following statements and guarantees:

     

    6.1.1
      The
      company/school involved in this agreement are the company/school that are
      founded and established according to the local laws or governmental rules and
      effective and sustaining before the annual inspection/annual auditing agreed
      in
      article 5.1, and are consistent with the laws and regulations upon the
      registration and the requirement of government rules.

     

    6.1.2
      Party A has the adequate right capacity and behavior capacity to make the
      transfer and has taken all necessary steps and actions to implement this
      transfer. The company/school has not any activity except for the normal
      management activity from the signature date to the handover complete
      day.

     

    6.1.3
      Party A hereby guarantees and states that Party A is the only owner of
      transferred equity and the there is not any dispute on the transferred equity
      owned by Party A; any other guarantee, mortgage, pledge, lien or compensation
      claim right is not set on the equity to be transferred.

     

    6.1.4
      Party A has stated the assets, loans and debts of Sichuan Kid Castle/Chengdu
      Lanbeisi Foreign Language Training School faithfully (for the details, refer
      to
      the list agreed in article 4), and has not set any guarantee, mortgage, pledge,
      lien or compensation claim right on the assets or loans under the name of the
      company/school; i.e. it has the full ownership.

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    6.1.5
      Party A shall neither urge Sichuan Kid Castle to transfer the full or part
      capital of invested school in any mode nor set any mortgage on the capital
      nor
      change the establishing capital and capital of school by any mode without the
      written consent of Party B before the content of this agreement is implemented
      properly; it shall neither decrease or be possible to decrease the value of
      school (including the intangible assets, commodity credit and reputation of
      the
      school)nor change the current operating status of school (including but not
      limited to the properties and students of school).

     

    6.1.6
      Party A shall implement the following obligation unless with the written consent
      of Party B before the content of this agreement is implemented properly: (1)
      it
      shall not transfer or set any mortgage or pledge on the assets of school; (2)
      it
      shall not sign any document or conclude any understanding to give up the rights
      of school; (3) it shall not modify the memorandum, systems or similar documents
      of the school; (4) it shall not sign, supplement or implement any merger or
      transfer agreement with similar tenet or content to this agreement with any
      third party; (5) it shall support Party B to implement the normal
      management.

     

    6.1.7
      Party A promises there is not any following affairs: (1) the school has not
      been
      managed illegally and has paid the tax legally; (2) the school neither have
      any
      external debt/liability nor default any money of staff or students nor have
      other significant liability (the economic loss amounts to over RMB20000); (3)
      it
      has not extracted the capital of school or embezzled/invaded and occupied the
      capital or other properties of school; (4) the school has not bee involved
      into
      any tortious or breaching dispute of lawsuit/arbitration mode till the signature
      date.

     

    6.1.8
      Party A promises and guarantees that Party A shall implement the same
      obligations to Party B upon Sichuan Kid Castle according to the promise and
      guarantee contents of above-mentioned article 6.1.4, 6.1.5, 6.1.6 and
      6.1.7.

     

    6.2
      Party
      B hereby makes the following statements and guarantees:

     

    6.2.1
      All
      the obligations related with Party B stated in this agreement are binding to
      it
      before the alteration registration procedure required for the equity transfer
      is
      completed.

     

    6.2.2
      Party B has adequate right and capacity to make the acceptance and has taken
      all
      necessary steps and actions to implement this transfer.

     

    6.2.3
      It
      shall neither transfer the equity under the name of Sichuan Kid Castle to the
      third party nor make the guarantee externally with the properties of company
      before the alteration registration procedure required for the equity transfer
      is
      completed.

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    6.2.4
      Party B is obligated to keep secret for all the information of Party A known
      by
      Party B in this equity transfer agreement, which includes but is not limited
      to
      the management condition, financial condition, business secret and know-how,
      unless otherwise stated definitely by the law or required compulsively by the
      judiciary authority, while those required for the normal management of the
      company and school are excluded.

     

    6.3
      The
      statements and guarantees contained in the above-mentioned article 6.1 and
      6.2
      shall be made on the signature date of this equity transfer
      agreement.

     

    Article
      7: Expenses Undertaking and Others

     

    7.1
      The
      administrative fees and statutory expenses due to this equity transfer and
      the
      alteration registration/reference of school (including  but
      not
      limited to the alteration registration fee) shall be undertaken by Sichuan
      Kid
      Castle and the school.

     

    7.2
      The
      party breaching the promise, statement and guarantee or whose promise, statement
      and guarantee is untrue, imprecise or incomplete shall undertake the liability
      or debt corresponding with the promised, stated or guaranteed contents; if
      the
      company/school undertakes in advance according to the law, the opposing party
      or
      the company/school is entitled to claim compensation from it.

     

    Article
      8: Breaching Liabilities

     

    8.1
      It
      will constitute the breach of agreement if any party breaches the promise,
      guarantee, limitation or forbidden content of this agreement, and the breaching
      party shall pay the penalty to the opposing party based on the standard
      equivalent to 20% of total agreement price, and the opposing party is also
      entitled to claim the breaching party to keep implementing this
      agreement.

     

    8.2
      If
      the equity transfer agreed in this agreement can not be completed or the school
      can not keep running legally due to the cause of Party A, Party A shall pay
      the
      penalty based on the standard equivalent to 20% of total agreement price and
      return all the money paid by Party B; if the equity transfer agreed in this
      agreement can not be completed due to the cause of Party B, Party B shall pay
      the penalty to Party A based on the standard equivalent to 20% of total
      agreement price and return the handed-over properties and data.

     

    8.3
      It
      will constitute the breach of agreement if any party breaches the regulation
      of
      this agreement and defers implementing the obligations agreed in this agreement,
      the breaching party shall pay the penalty of RMB50000 to the opposing party,
      and
      the opposing party is also entitled to claim the breaching party to keep
      implementing this agreement; if the deferred implementation exceeds 1 month,
      the
      opposing party is entitled to cancel this agreement; if the company and school
      have the loss out of the normal management activity during the period, it shall
      be undertaken by Party A if it occurs before the handover work stated in article
      3.3 is completed, or it shall be undertaken by Party B.

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    8.4
      If
      the loss of innocent party resulted from the breaching behavior of breaching
      party is larger than the penalty, the breaching party shall pay the balance
      other than the penalty to the innocent party.

     

    Article
      9: Governing Law and Arbitration

     

    9.1
      Governing Law

     

    The
      equity transfer agreement shall be only governed by the law of People’s Republic
      of China and shall be interpreted according to it, but the conflict law rules
      are excluded. If any article or regulation in this agreement is illegal or
      invalid wholly or partly according to any law or statute, this
      article/regulation or part of it shall not be regarded as a part of this
      agreement, and the validity of other part of this agreement won’t be
      influenced.

     

    9.2
      Arbitration

     

    Any
      dispute arising from this agreement or related with this agreement shall be
      solved by the friendly negotiation of both parties; if the negotiation fails,
      the arbitration shall be submitted to Shanghai Arbitration Commission according
      to the regulation of Arbitration Law; the arbitration expense and the expense
      to
      implement the arbitration (including the witness fee and attorney fee) shall
      be
      undertaken by the loser, unless otherwise stated in the arbitration verdict;
      If
      the dispute occurs and is submitted to the arbitration, the both parties shall
      keep implementing the retaining rights and obligations under this agreement
      except for the disputed affair.

     

    Article
      10: Miscellaneous

     

    10.1
      This
      agreement will become effective upon the signature day; this agreement is in
      quintuplicate, Party A and Party B hold one respectively, Sichuan Kid Castle
      holds one, and one is used for the industrial and commercial
      registration.

     

    10.2
      Appendixes: the appendixes and the handover list agreed in article 3 have the
      same legal effectiveness with this agreement.

     

    1)
      the
      copy of business license of Party A, Party B and Sichuan Kid Castle, the
resolutions
      of each board meeting and general meeting of shareholders;

     

    2)
      the
current
      conditions list of the company of Sichuan Kid Castle, and the list of licenses,
      certificates, official seals, accounting books, system documents and
      agreements;

     

    3)
      the
      school running license of school and license for private non-enterprise
      corporation registration, the list of current conditions of school, the list
      of
      certificates, licenses, official seals, accounting books, system documents
      and
      agreements of school.

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    

    

    Party
      A
      (Seal): Sichuan Province Lanbeisi Education & Culture Industrial Co.,
      Ltd

    Legal
      Representative:

     

    Party
      B
      (Seal): Shanghai
      Kid Castle Educational Info Constitution Company Limited

    Legal
      Representative: Min-Tan
      Yang

    

     

    

     

    Signature
      Date: 10 May 2007

     

    

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    Agreement

    

    As
      the
      holding shareholder of Party C1, Party A1 and Party A2 signed the equity
      transfer agreement with Party B on 10 May 2007 about the detailed affair of
      transferring all the equity of Party C1 to Party B; as the related parties
      of
      the equity transfer behavior, now Party C1 and Party C2 conclude the following
      agreement for the 2 equity transfer agreements and other affairs with Party
      A
      and Party B based on the negotiation:

     

    1.
      Party
      C1 and Party C2 confirm all contents of the above-mentioned 2 equity transfer
      agreements and do their best to support Party A and Party B to implement the
      relevant power/right and each obligation according to the above-mentioned
      agreements; they also issue the relevant documents required to be issued by
      Party C1 and Party C2 to realize the equity transfer and relevant alteration
      and
      implement the relevant alteration registration obligation.

     

    2.
      Party
      C1 and Party C2 promise and guarantee to abide by the article 1, 3.2, 3.3,
      4,
      5.1, 6.1 7 and 9 of the above-mentioned equity transfer agreement and agree
      to
      undertake the liability for the promise and guarantee according to article
      8 of
      this agreement.

     

    3.
      Party
      A, Party B and Party C confirm together this agreement is the supplementary
      of
      above-mentioned 2 equity transfer agreements, which are binding to Party A,
      Party B and Party C; the unstated affairs in this supplementary agreement shall
      be implemented according to the corresponding articles of equity transfer
      agreement.

     

    4.
      This
      supplementary agreement will become effective upon the signature date; this
      agreement is in quintuplicate, each of the 5 subjects of Party A, Party B and
      Party C holds one.

    

    

    Party
      A (Seal and Signature):

    Party
      A1:
      Sichuan Province Lanbeisi Education & Culture Industrial Co.,
      Ltd

    Legal/Authorized
      Representative:

    Party
      A2:
Sichuan
      Province Education Institutional Service Center

    Legal/Authorized
      Representative:

     

    Party
      B
      (Seal and Signature): 

    Shanghai
      Kid Castle Educational Info Constitution Company Limited

    Legal/Authorized
      Representative: Min-Tan Yang

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

     

    Party
      C
      (Seal and Signature):

    Party
      C1:
      Sichuan Lanbeisi Kid Castle Education Development Co., Ltd

    Legal/Authorized
      Representative:

    Party
      C2:
      Chengdu Lanbeisi Kid Castle Foreign Language Training School

    Legal/Authorized
      Representative:

    

     

    

     

    Signature
      Date: _________ May
      2007

     

     

     

    
 

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    Letter
      of Announcement

    

    

    Whereas
      Sichuan
      Province Education Institutional Service Center and Sichuan Province Lanbeisi
      Education & Culture Industrial Co., Ltd would like to transfer all their
      equity in Sichuan Lanbeisi Kid Castle Education Development Co., Ltd to
Shanghai
      Kid Castle Educational Info Constitution Company Limited, the announcers hereby
      announce respectively as follows:

     

    1.
      Sichuan Province Education Institutional Service Center agrees Sichuan Province
      Lanbeisi Education & Culture Industrial Co., Ltd to transfer its 45% equity
      in Sichuan Lanbeisi Kid Castle Education Development Co., Ltd to Shanghai
      Kid Castle Educational Info Constitution Company Limited and gives up the
      preferential purchase right of the equity.

     

    2.
      Sichuan Province Lanbeisi Education & Culture Industrial Co., Ltd agrees
      Sichuan Province Education Institutional Service Center to transfer its 10%
      equity in Sichuan Lanbeisi Kid Castle Education Development Co., Ltd to
Shanghai
      Kid Castle Educational Info Constitution Company Limited and gives up the
      preferential purchase right of the equity.

     

    3.
      Shanghai
      Kid Castle Educational Software Development Company Limited agrees Sichuan
      Province Lanbeisi Education & Culture Industrial Co., Ltd and Sichuan
      Province Education Institutional Service Center to transfer their 45% and 10%
      equity in Sichuan Lanbeisi Kid Castle Education Development Co., Ltd to
Shanghai
      Kid Castle Educational Info Constitution Company Limited and gives up the
      preferential purchase right of the equity.

     

    It
      is
      hereby promised and announced. This letter of announcement is in quintuplicate.

     

    

    Announcers
      (Seal and Signature):

    Sichuan
      Province Lanbeisi Education & Culture Industrial Co., Ltd

    Sichuan
      Province Education Institutional Service Center

    Kid
      Castle Educational Software Development Company Limited

    

    

    

    Date:
      10
      May 2007Jilin
        Kid Castle Educational Investment Development Ltd

      Equity
        Transfer Agreement

       

      This
        equity transfer agreement is concluded by each following party and signed
        in
        Changchun city, Jilin province:

       

      Party
        A:

       

      1)
        Sun Ai
        Tung, company shareholder, legal representative (before the transfer)
        (hereinafter Party A1) 

       

      2)
        Lu
        Ying Ji, company shareholder (hereinafter Party A2) 

       

      Party
        B:

       

      1)
        Shanghai Kid
        Castle Educational Software Development Company Limited, company shareholder
        after the transfer
        (hereinafter Party B1) 

       

      2)
        Shanghai
        Kid Castle Educational Info Constitution Company Limited company shareholder
        after the transfer
        (hereinafter Party B2) 

       

      Whereas:

       

      1)
        The
        Jilin Kid Castle Educational Investment Development Ltd (hereinafter “Jilin Kid
        Castle” or the “company”) established by Sun
        Ai
        Tung
        and
Lu
        Ying Ji
        on 4
        Sept 2002 is the educational company established according to the law; the
        registered capital of the company is RMB2 million, and management scope of
        company covers the image design, marketing design, educational teaching software
        research and development, consultancy, service, educational investment and
        educational administration; the company is registered at 1519
        Huoju Road, Changchun Hi-tech Zone, Jilin;
        the
        shareholders and share proportions are as follows: Sun
        Ai
        Tung
        (Party
        A1) : 75%; Lu
        Ying Ji
        (Party
        A2) : 25%.

       

      2)
        Party
        A and Party B negotiate to sign this equity transfer agreement, which states
        that Party A shall transfer all its equity of Jilin Kid Castle to Party B
        according to the terms and conditions of agreement, and Party B shall agree
        to
        accept all the equity of Jilin Kid Castle owned by Party A according to the
        terms and conditions of agreement; Party B will own all the equity of Jilin
        Kid
        Castle after implementing this agreement properly and completely.

       

      The
        both
        parties hereby agree as follows:

       

      Article
        1: Transfer Object

       

      1.1
        Party
        A is the shareholder of Jilin Kid Castle and enjoys all rights of the company
        stated by the Company Law, and this transfer has been ratified by the power
        authority of Jilin Kid Castle.

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

       

      1.2
        Party
        B1 accepts 50% shares of Jilin Kid Castle owned by Party A1; Party B2 accepts
        25% shares of Jilin Kid Castle owned by Party A1 and 25% shares owned by
        Party
        A2, and the total accepted shares are 50%; Party B and the third party specified
        by it are entitled to adjust the equity acceptance proportion in the
        interior.

       

      1.3
        The
        both parties agree that Party B is entitled to specify the third party and
        its
        acceptance proportion unilaterally and notify Party A in written as the
        instruction for the consignee to accept all its shares in the company actually
        and implement all related rights and obligations agreed in this agreement;
        the
        written instruction shall be made and mailed to the address of Party A within
        18
        days upon the signature of this agreement, and the third party shall act
        as
        Party B of this agreement to be bound by this agreement together with other
        parties; the implemented part is binding to the third party, while the third
        party has not right to specify others to implement this agreement.

       

      Article
        2: Equity Transfer Price and Payment

       

      2.1
        Party
        B1 and Party B2 shall pay the transfer fee corresponding with the accepted
        equity proportion to Party A according to the respective acceptance ratio,
        i.e.
        the equity transfer fee paid by Party B1 to Party A is RMB4.2 million
× 
        accepted
        equity ratio, while the equity transfer fee paid by Party B2 to Party A is
        RMB4.2 million × 
        accepted
        equity ratio; Party A1 will obtain 75% transfer fee, i.e. RMB3.15 million
        for
        that, and Party A2 will obtain 25% transfer fee, i.e. RMB1.05 million for
        that.

       

      2.2
        Party
        B shall pay the first equity transfer fee of RMB200000
        as the
        deposit to Party A at the signature day of this agreement; the both parties
        shall prepare and handle the documents required for the work stated in article
        5.1.5 within 18 days after the signature of this agreement, and Party B shall
        pay the second equity transfer fee of RMB1.9
        million;
        Party B
        shall pay the third equity transfer fee of RMB1
        million
        within 2
        working days after the documents are accepted formally when Party A notifies
        to
        prepare for the payment within 3 days before all the above-mentioned documents
        are submitted to the competent authorities such as educational department
        and
        industrial and commercial administration; Party B shall pay the forth equity
        transfer fee of RMB1.1
        million
        within 1
        working day after all the above-mentioned alteration registration/reference
        are
        finished and the corresponding licenses and certificates are
        issued.

       

      2.3
        Payment of Equity Transfer Fee

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

       

      Party
        A
        specifies Party B to transfer the above-mentioned equity transfer fee payable
        to
        the following account or deposit it with cash to the following
        account:

       

      Account
        Name: Lu
        Ying Ji

      Bank:
        China
        Construction Bank

      Account
        Number: 4367
        4209 4256 0270 146

       

      Article
        3: Transfer and Handover

       

      3.1
        Party
        A hereby transfers the equity of Jilin Kid Castle and all related rights,
        interests and obligations to Party B according to the terms and conditions
        stated in this agreement. Party B hereby accepts the equity and all related
        rights, interests and obligations transferred by Party A according to the
        terms
        and conditions stated in this agreement, unless otherwise stated in this
        agreement.

       

      3.2
        The
        four subjects of both parties agree together as follows: the both parties
        will
        deal with the detailed handover affair of the company and 3 educational
        institutions according to the agreement about the time, content and other
        aspects: Party A1 and Party A2 specify Li
        Mei
        (autographical signature of assignee) as the check and handover principal
        of
        Party A, the company and educational institutions; Party B1 and Party B2
        specify
Xu
        Xiaosun
        (autographical signature of assignee) as the check and handover principal
        of
        Party B; the handover behaviors of principals specified by the both parties
        represent the behaviors of consigner and have the legal
        effectiveness.

       

      3.3
        Party
        A shall prepare the handover list before 15 April 2007 according to the relevant
        regulations of this agreement and the detailed contents of agreement appendix,
        and the handover principals specified by the both parties shall deal with
        the
        handover works except that stated in article 3.4 and sign the handover list
        together properly and completely. Party A guarantees that the company management
        specified shall not invade and occupy the property of the company/three
        educational institutions arbitrarily before that.

       

      3.4
        Party
        A shall deal with the handover work of official seals, licenses and
        certificates, relevant accounting books and vouchers, invoices, checks and
        the
        financial affairs of bank vouchers of the company and three educational
        institutions stated in article 4.3 properly and completely according to the
        relevant regulations of this agreement and the detailed contents of agreement
        appendix within 2 days after receiving the forth equity transfer fee from
        Party
        B, and the handover principals specified by the both parties shall prepare
        and
        sign the handover list together. The principals specified by the both parties
        respectively in written shall control the keeping and use of the official
        seals,
        licenses and certificates of the company and three educational institutions,
        the
        keeping and use of accounting books, vouchers, checks, invoices and bank
        vouchers and the financial works such as income and expense together after
        the
        handover works stated in the above article is completed but before the handover
        works stated in this article is completed; the written ratification of Party
        B
        or the principal specified is necessary in the works except for that required
        in
        the normal operating and management activity and that required when implementing
        the relevant alteration registration/reference work of the company and three
        educational institutions agreed in this agreement.

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

       

      3.5
        Party
        B is entitled to implement the right/power of shareholder/founder in the
        interior according to this agreement, laws and memorandum after the handover
        stated in article 3.3 of this agreement is completed but before all the
        procedures of company equity transfer and 3 educational institution alteration
        is completed.

       

      Article
        4: Company Assets, Equities, Investments, Debts or
        Liabilities

       

      4.1
        For
        the detailed category of existing assets, category and amount of loans/debts
        and
        list of investments of the company, the contingent debts of invested
        institutions or the company, the current condition of company customers and
        business, company employees, advance expense/expanse receivable (including
        tuition) and the detailed information of students list, refer to the appendix
        of
        this agreement “current conditions list of the company”.

       

      4.2
        For
        the category and amount of company licenses, certificates and official seals,
        the company accounting books, vouchers (including the annual auditing report
        original and attached financial statement of each year), invoices, checks,
        bank
        vouchers, tax returns, the company statement till the end of Feb 2007 (including
        but not limited to the balance sheet and income statement of the company),
        company systems and regulations, company memorandum (signed by the former
        shareholders), resolutions of each board meeting and general meeting of
        shareholders, the exterior economic agreements and interior administrative
        agreements (such as the labor agreement) of the company, refer to the appendix
        of this agreement “list of licenses, certificates, official seals, accounting
        books, system documents and agreements”. Party A is entitled to borrow the
        above-mentioned documents after the agreement is implemented when there is
        the
        actual demand.

       

      4.3
        The 2
        preschools invested fully by the company are Jilin Kid
        Castle Double Languages Preschool
        and Changchun Kid
        Castle Double Languages Preschool,
        1 school is Changchun Kid
        Castle Children English Training School (these 3 preschools/
        school
        are
        called educational institutions in this agreement); these 3 educational
        institutions are the educational institutions established fully and managed
        legally by Jilin Kid Castle; for the detailed information such as the
        establishing funds and school addresses of 3 educational institutions, refer
        to
        the appendix of this agreement. For the copy of the school running license
        of
        private educational institutions and license for private non-enterprise
        corporation (or the legal school running license or approval issued by the
        local
        government) of 3 educational institutions, the list of current conditions
        of 3
        educational institutions, the list of certificates, licenses, official seals,
        accounting books, system documents and agreements of 3 educational institutions
        (the detailed content of list shall be confirmed by article 4.1 and 4.2),
        refer
        to the appendix.

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

       

      4.4
        Party
        A promises that contents stated in article 4.1, 4.2 and 4.3 and all the lists
        and data provided according to that agreement, the handover list agreed in
        the
        above articles and the recorded information such as the assets of the company
        or
        educational institutions are true, precise, complete and timely, and it shall
        be
        responsible for them.

       

      4.5
        If
        the specific name or item of above-mentioned appendixes of this agreement
        is
        inconsistent with the fact (such as the current conditions list of company),
        that confirmed by the both parties in written will be referred; Party A shall
        provide the above-mentioned appendixes within 8 days after this agreement
        is
        signed, and these appendixes shall be signed by the principals specified
        by the
        both parties together; the appendixes are the part of this agreement and
        become
        effective together with the agreement.

       

      Article
        5: Promises

       

      5.1
        Party
        A hereby promises:

       

      5.1.1
        to
        be responsible to urge the relevant personnel (except for Party B) to sign
        the
        legal documents required to transact the alteration of legal
        representatives/principals, directors, supervisors, preschool
        masters/schoolmaster
        of Jilin Kid Castle and 3 educational institutions and provide the data required
        by the relevant competent authorities.

       

      5.1.2
        to
        assist Party B to implement all the rights and obligations related with the
        equity transfer and those owned by Party A in the memorandum of Jilin Kid
        Castle, recall all the directors and supervisors dispatched to the company
        and 3
        educational institutions and the legal representatives/principals of educational
        institutions, and these positions shall be succeeded by the relevant personnel
        dispatched by Party B; this work shall be implemented at the same time according
        to the regulation of article 3.3 of this agreement about the handover work,
        and
        the duty handover will become effective since the handover day.

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

       

      5.1.3
        Party A promises to submit the written confirmation letter issued by Jilin
        Building Decoration Group Ltd to Jilin Kid Castle (the content of confirmation
        letter is: we have not any loan and debt relationship with Jilin Kid Castle
        Educational Investment Development Ltd till some day (15 to 20) of March
        2007)
        to Party B within 5 days after the signature of this agreement. Moreover,
        the
        debts of Jilin Kid Castle and 3 educational institutions listed in the appendix
        of this agreement and the debts after the equity transfer affair in this
        agreement is completed shall be undertaken by Party B according to the law.
        The
        loan and debt relationship formed in the name of Jilin Kid Castle and 3
        educational institutions without the written consent of Party B after this
        agreement becomes effective but before all the relevant alteration registration
        procedures are completed shall be undertaken independently by Party A according
        to the law and agreement. Party A shall undertake the joint liability for
        all
        the exterior debts and liabilities of the company and 3 educational institutions
        occurred before the signature of this agreement but unlisted in the appendix
        of
        this agreement; if Party B, the company or the educational institution therefore
        undertakes the liabilities, Party B, the company or the educational institution
        is entitled to claim compensation from Party A.

       

      5.1.4
        Party A shall stop implementing the shareholder rights of Jilin Kid Castle
        interiorly after the handover is completed according to article 3.3 of this
        agreement, unless otherwise stated in this agreement.

       

      5.1.5
        to
        be responsible to transact the full transfer/alteration registration/reference
        affair of shareholders, directors, supervisors, legal representative related
        with this equity transfer, the annual inspection/annual auditing of 3
        educational institutions, the alteration registration/reference work of legal
        representative, preschool
        masters/schoolmaster,
        directors and supervisors and the signature of all documents required (except
        for those to be signed by Party B) at the relevant competent authorities
        including the industrial and commercial administration, civil administration
        and
        education; the above-mentioned work shall be completed properly within 55
        days
        after the signature of this agreement at latest; if the work is deferred
        because
        Party B does not implement the relevant obligations, Party B shall undertake
        the
        breaching liability;

       

      5.1.6
        to
        be responsible to transact the annual inspection/annual auditing 2006 of
        3
        educational institutions and guarantee the validity of school running
        licenses.

       

      5.2
        Party
        B hereby promises:

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

       

      5.2.1
        to
        support Party A to transact the full transfer/alteration affair of shareholders,
        directors, supervisors, legal representative related with this equity transfer,
        the annual inspection/annual auditing of 3 educational institutions, the
        alteration registration work of legal representative/principal and directors
        and
        the signature of all documents required at the relevant competent authorities
        including the industrial and commercial administration, civil administration
        and
        education;

       

      5.2.2
        Party B or the third party specified satisfies the conditions to accept the
        agreement object regulated by the law before transacting the equity alteration
        registration and the normal implementation of equity transfer legal procedures
        won’t be influenced due to the limitation of the conditions of Party B or the
        third party specified itself; while it is excluded if Party B does not satisfy
        the above-mentioned conditions but specifies the third party in written,
        and the
        third party specified by Party B must satisfy the above-mentioned
        conditions;

       

      5.2.3
        Party B has adequate money to purchase the agreement object and guarantees
        to be
        able to pay the transfer price according to the regulation of this
        agreement;

       

      5.2.4
        to
        implement all the rights and obligations related with the equity and those
        owned
        by Party A in the memorandum of Jilin Kid Castle prudently in the interior
        before the alteration procedures are completed.

       

      Article
        6: Statements and Guarantees

       

      6.1
        Party
        A hereby makes the following statements and guarantees:

       

      6.1.1
        The
        company/three educational institutions involved in this agreement are the
        company/educational institutions that are founded and established according
        to
        the local laws or governmental rules and effective and sustaining before
        the
        annual inspection/annual auditing agreed in article 5.1, and are consistent
        with
        the laws and regulations upon the registration and the requirement of government
        rules.

       

      6.1.2
        Party A has the adequate right capacity and behavior capacity to make the
        transfer and has taken all necessary steps and actions to implement this
        transfer. The company/3 educational institutions have not any activity except
        for the normal management activity from the signature date to the handover
        complete day.

       

      6.1.3
        Party A hereby guarantees and states that Party A is the only owner of
        transferred equity and the there is not any dispute on the transferred equity
        owned by Party A; any other guarantee, mortgage, pledge, lien or compensation
        claim right is not set on the equity to be transferred.

       

      6.1.4
        Party A has stated the assets, loans and debts of Jilin Kid Castle/3 educational
        institutions faithfully (for the details, refer to the list agreed in article
        4), and has not set any guarantee, mortgage, pledge, lien or compensation
        claim
        right on the assets or loans under the name of the company/3 educational
        institutions; i.e. it has the full ownership.

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

       

      6.1.5
        Party A shall neither urge Jilin Kid Castle to transfer the full or part
        capital
        of invested educational institutions in any mode nor set any mortgage on
        the
        capital nor change the establishing capital and capital of educational
        institutions by any mode without the written consent of Party B before the
        content of this agreement is implemented properly; it shall neither decrease
        or
        be possible to decrease the value of educational institutions (including
        the
        intangible assets, commodity credit and reputation of the educational
        institutions) nor change the current operating status of educational
        institutions (including but not limited to the properties and students of
        educational institutions), while that resulted from the normal management
        of the
        company and 3 educational institutions is excluded.

       

      6.1.6
        Party A shall implement the following obligation unless with the written
        consent
        of Party B before the content of this agreement is implemented properly:
        (1) it
        shall not transfer or set any mortgage or pledge on the assets of 3 educational
        institutions; (2) it shall not sign any document or conclude any understanding
        to give up the rights of educational institutions; (3) it shall not modify
        the
        memorandum, systems or similar documents of the educational institutions;
        (4) it
        shall not sign, supplement or implement any merger or transfer agreement
        with
        similar tenet or content to this agreement with any third party; (5) it shall
        accept the spot check of Party B.

       

      6.1.7
        Party A promises there is not any following unlisted affairs: (1) the
        educational institutions have not been managed illegally and have paid the
        tax
        legally; (2) the educational institutions neither have any external
        debt/liability nor default any money of staff or students nor have other
        significant liability (the economic loss amounts to over RMB20000); (3) it
        has
        not extracted the capital of educational institutions or embezzled/invaded
        and
        occupied the capital or other properties of educational institutions (except
        for
        the normal capital flow among the company and 3 educational institutions);
        (4)
        the educational institutions have not bee involved into any tortious or
        breaching dispute of lawsuit/arbitration mode till the signature
        date.

       

      6.1.8
        Party A promises and guarantees that Party A shall implement the same
        obligations to Party B according to the promise and guarantee contents of
        above-mentioned article 6.1.4, 6.1.5, 6.1.6 and 6.1.7.

       

      6.2
        Party
        B hereby makes the following statements and guarantees:

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

       

      6.2.1
        All
        the obligations related with Party B stated in this agreement are binding
        to it
        before the alteration registration procedure required for the equity transfer
        is
        completed.

       

      6.2.2
        Party B has adequate right and capacity to make the acceptance and has taken
        all
        necessary steps and actions to implement this transfer.

       

      6.2.3
        It
        shall neither transfer the equity under the name of Jilin Kid Castle to the
        third party nor make the guarantee externally with the properties of company
        before the alteration registration procedure required for the equity transfer
        is
        completed.

       

      6.2.4
        Party B is obligated to keep secret for all the information of Party A known
        by
        Party B in this equity transfer agreement, which includes but is not limited
        to
        the management condition, financial condition, business secret and know-how,
        unless otherwise stated definitely by the law or required compulsively by
        the
        judiciary authority; it shall not disclose or use the information before
        the
        equity transfer affair in this agreement is completed, while those required
        for
        the normal management of the company and 3 educational institutions are
        excluded.

       

      6.2.5
        Party B shall adopt the unique tone negotiated by the both parties and guarantee
        that the commodity credit of Party A won’t be damaged when disclosing or
        publicizing the equity transfer affair; Party B shall not disclose any press
        or
        words about this equity transfer optionally without the consent of Party
        A.

       

      6.3
        The
        statements and guarantees contained in the above-mentioned article 6.1 and
        6.2
        shall be made on the signature date of this equity transfer
        agreement.

       

      Article
        7: Expenses Undertaking and Others

       

      7.1
        The
        administrative fees and statutory expenses due to this equity transfer and
        the
        alteration registration/reference of educational institutions (including
        but not
        limited to the alteration registration fee) shall be undertaken by Jilin
        Kid
        Castle and 3 educational institutions.

       

      7.2
        The
        party breaching the promise, statement and guarantee or whose promise, statement
        and guarantee is untrue, imprecise or incomplete shall undertake the liability
        or debt corresponding with the promised, stated or guaranteed contents; if
        the
        company/educational institutions undertake in advance, the opposing party
        or the
        company/educational institution are entitled to claim compensation from
        it.

       

      7.3
        If
        the equity transfer alteration procedure of this agreement can not be
        implemented continually due to the restriction of national policy and
        regulations, the both parties agree to cease the implementation; if the
        implementation can not be resumed after 2 months, any party is entitled to
        terminate this agreement; the account paid shall be repaid immediately and
        completely, and all the received data shall be returned immediately; if the
        company and three educational institutions have the loss out of the normal
        management activity during the period, it shall be undertaken by Party A
        if it
        occurs before the handover work stated in article 3.3 is completed, or it
        shall
        be undertaken by Party B.

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

       

      Article
        8: Breaching Liabilities

       

      8.1
        It
        will constitute the breach of agreement if any party breaches the promise,
        guarantee, limitation or forbidden content of this agreement, and the breaching
        party shall pay the penalty to the opposing party based on the standard
        equivalent to 20% of total agreement price (i.e. RMB4.2 million), and the
        opposing party is also entitled to claim the breaching party to keep
        implementing this agreement.

       

      8.2
        If
        the equity transfer agreed in this agreement can not be completed or 3
        educational institutions can not keep running the school legally due to the
        cause of Party A, Party A shall pay the penalty based on the standard equivalent
        to 20% of total agreement price (i.e. RMB4.2 million) and return all the
        money
        paid by Party B; if the equity transfer agreed in this agreement can not
        be
        completed due to the cause of Party B, Party B shall pay the penalty to Party
        A
        based on the standard equivalent to 20% of total agreement price (i.e. RMB4.2
        million) and return the handed-over properties and data.

       

      8.3
        It
        will constitute the breach of agreement if any party breaches the regulation
        of
        this agreement and defers implementing the obligations agreed in this agreement,
        the breaching party shall pay the penalty of RMB100000 to the opposing party,
        and the opposing party is also entitled to claim the breaching party to keep
        implementing this agreement; if the deferred implementation exceeds 1 month,
        the
        opposing party is entitled to cancel this agreement; if the company and three
        educational institutions have the loss out of the normal management activity
        during the period, it shall be undertaken by Party A if it occurs before
        the
        handover work stated in article 3.3 is completed, or it shall be undertaken
        by
        Party B.

       

      8.4
        If
        the loss of innocent party resulted from the breaching behavior of breaching
        party is larger than the penalty, the breaching party shall pay the balance
        other than the penalty to the innocent party.

       

      8.5
        If
        Party B specifies the third party unilaterally as the actual assignee according
        to this agreement to implement all the rights and obligations of Party B
        in this
        agreement and the third party accepts the corresponding shares of the company
        actually, it shall not be regarded as the breaching behavior of Party B,
        and
        Party A shall cooperate in the implementation of relevant
        obligations.

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

       

      Article
        9: Preferential Purchase Right of Equity

       

      9.1
        The
        shareholder Party A2 agrees Party A1 to transfer 50% equity of Jilin Kid
        Castle
        to Party B1 and 25% equity to Party B2 and gives up the preferential purchase
        right of above-mentioned 75% equity.

       

      9.2
        The
        shareholder Party A1 agrees Party A2 to transfer 25% equity of Jilin Kid
        Castle
        to Party B2 and gives up the preferential purchase right of above-mentioned
        25%
        equity.

       

      Article
        10: Governing Law and Arbitration

       

      10.1
        Governing Law

       

      The
        equity transfer agreement shall be only governed by the law of People’s Republic
        of China and shall be interpreted according to it, but the conflict law rules
        are excluded. If any article or regulation in this agreement is illegal or
        invalid wholly or partly according to any law or statute, this
        article/regulation or part of it shall not be regarded as a part of this
        agreement, and the validity of other part of this agreement won’t be
        influenced.

       

      10.2
        Arbitration

       

      Any
        dispute arising from this agreement or related with this agreement shall
        be
        solved by the friendly negotiation of both parties; if the negotiation fails,
        the arbitration shall be submitted to Beijing Arbitration Commission according
        to the regulation of Arbitration Law; the arbitration expense and the expense
        to
        implement the arbitration (including the witness fee and attorney fee) shall
        be
        undertaken by the loser, unless otherwise stated in the arbitration verdict;
        If
        the dispute occurs and is submitted to the arbitration, the both parties
        shall
        keep implementing the retaining rights and obligations under this agreement
        except for the disputed affair.

       

      Article
        11: Miscellaneous

       

      11.1
        This
        agreement will become effective upon the signature day; this agreement is
        in
        sextuplicate, 4 subjects of Party A and Party B hold one respectively, Jilin
        Kid
        Castle holds one, and one is used for the industrial and commercial
        registration.

       

      11.2
        Appendixes: the appendixes and the handover list agreed in article 3 have
        the
        same legal effectiveness with this agreement.

       

      1)
        ID
        card copy of Party A and Party B;

       

      2)
        the
        copy of business license of Party B and Jilin Kid Castle, the resolutions
        of each board meeting and general meeting of shareholders;

       

      3)
        the
current
        conditions list of the company of Jilin Kid Castle, and the list of licenses,
        certificates, official seals, accounting books, system documents and
        agreements;

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

       

      4)
        the
        school running license of 3 educational institutions and license for private
        non-enterprise corporation registration, the list of current conditions of
        3
        educational institutions, the list of certificates, licenses, official seals,
        accounting books, system documents and agreements of 3 educational
        institutions.

       

      Party
        A:

      Party
        A1:
Sun
        Ai
        Tung (Signature),
        ID card
        number: 220104196405053899

      Address:
        1519
        Huoju Road, Changchun Hi-tech Zone, Jilin, Jilin Building Decoration Group
        Ltd

       

      Party
        A2:
Lu
        Ying Ji (Signature),
        ID card
        number: 220104196504051522

      Address:
        1519
        Huoju Road, Changchun Hi-tech Zone, Jilin, Jilin Building Decoration Group
        Ltd

       

      Party
        B:

      Party
        B1:
        Shanghai Kid
        Castle Educational Software Development Company Limited

      Legal/Authorized
        Representative: Min-Tan
        Yang
        (Seal
        and Signature) 

       

      Party
        B2:
        Shanghai Kid Castle Educational Info Constitution Company Limited

      Legal/Authorized
        Representative: Min-Tan
        Yang
        (Seal
        and Signature) 

       

      Signature
        Date: 15 March 2007

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

       

      Agreement

       

      As
        the
        fully-owned shareholder of Party C, Party A signed the equity transfer agreement
        with Party B on 15 March 2007 about the detailed affair of transferring all
        the
        equity of Party C to Party B; as the related parties of the equity transfer
        behavior, now Party C and the 3 educational institutions (Party D) conclude
        the
        supplementary agreement for the equity transfer agreement as follows with
        Party
        A and Party B based on the negotiation:

       

      1.
        Party
        C and Party D confirm all contents of the above-mentioned equity transfer
        agreement and do their best to support Party A and Party B to implement the
        relevant power/right and each obligation according to the above-mentioned
        agreement; they also issue the relevant documents required to realize the
        equity
        transfer and relevant alteration and implement the relevant alteration
        registration obligation.

       

      2.
        Party
        C and Party D promise and guarantee to abide by the article 1, 3.2, 3.3,
        3.4,
        3.5, 4, 5.1, 6.1.3, 6.1.4, 6.1.5, 6.1.6, 6.1.7, 6.1.8, 7 and 10 of the
        above-mentioned equity transfer agreement and agree to undertake the liability
        for the promise and guarantee according to article 8 of this
        agreement.

       

      3.
        Party
        A, Party B, Party C and Party D confirm together this supplementary agreement
        is
        the supplementary of above-mentioned equity transfer agreement, which are
        binding to Party A, Party B, Party C and Party D; the unstated affairs in
        this
        supplementary agreement shall be implemented according to the corresponding
        articles of equity transfer agreement.

       

      4.
        This
        supplementary agreement will become effective upon the signature date; this
        agreement is in septuplicate, each of the 5 subjects of Party A, Party B
        and
        Party C holds one, Party D holds one, and Jilin Kid Castle keeps one for
        reference.

       

      Party
        A:

      Party
        A1:
Sun
        Ai
        Tung (Signature),
         Party
        A2:
Lu
        Ying Ji (Signature) 

       

      Party
        B:

       

      Party
        B1:
        Shanghai Kid
        Castle Educational Software Development Company Limited

      Legal/Authorized
        Representative: Min-Tan
        Yang
        (Seal
        and Signature) 

       

      Party
        B2:
        Shanghai Kid Castle Educational Info Constitution Company Limited

      Legal/Authorized
        Representative: Min-Tan
        Yang
        (Seal
        and Signature) 

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

       

      Party
        C:
        Jilin
        Kid Castle Educational Investment Development Ltd (Seal and Signature)

       

      Legal/Authorized
        Representative:

       

      Party
        D:
        Jilin
Kid
        Castle Double Languages Preschool
        (Seal
        and Signature) 

       

      Changchun
        Kid Castle Double Languages Preschool
        (Seal
        and Signature) 

       

      Changchun
        Kid
        Castle Children English Training School (Seal and Signature) 

       

       

       

       

      Signature
        Date: 15 March 2007

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00139-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00139-of-00352.parquet"}]]