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As a result of the IPO, the Company generated net proceeds of $189.2 million, net of underwriting discounts, commissions and other offering expenses, from the sale of 11.5 million common shares at $18.00 per share. The Company now has approximately 32.9 million common shares issued and outstanding as of the completion of the IPO.
Investors' Webcast
TAL will hold a Webcast at 9 a.m. (New York time) on Thursday, November 17th to discuss its fiscal third quarter and nine months results. An archive of the Webcast will be available one hour after the live call through Friday, November 25, 2005. To access the live Webcast or archive, please visit the Company's Web site at http://www.talinternational.com.
About TAL International Group, Inc.
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