BRIEF-Koolearn Technology Says Termination Of Subscription Of New East Buy Shares

Reuters01-31

Jan 31 (Reuters) - East Buy Holding Ltd :

* TERMINATION OF SUBSCRIPTION OF NEW EAST BUY SHARES UNDER SPECIFIC MANDATE

* NEW ORIENTAL COMMITMENT AND DIRECTOR COMMITMENT TO PURCHASE EAST BUY SHARES ON-MARKET

* COMMITMENT FOR PURCHASE OF HK$700 MILLION IN AGGREGATE EAST BUY SHARES AT MARKET PRICE

Source text for Eikon: Further company coverage:

((Reuters.Briefs@thomsonreuters.com;))

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