ChinaEDU Corporation and Xie Changqing entered into this Supplementary Agreement as of July 18, 2007 in accordance with
Section 10.3 of the Loan Agreement entered into by the Parties as of July 15, 2005 after friendly negotiation, the Parties agree to
make the following amendments to the Loan Agreement:
The Parties hereby also agree:
1. Section 2.4 of the Loan Agreement shall be amended as: “Lender and Borrower hereby agree and acknowledge that, in the
event that relevant laws permit, Borrower may transfer the Borrower’s Equity Interest in the Company in whole to Lender
or Lender’s designated persons (legal or natural persons), and shall use the income of the transfer to repay the loan”.
2. Section 2.7 of the Loan Agreement shall be amended as: “Interest of the Loan. Lender and Borrower hereby agree and
acknowledge that, unless otherwise stipulated by this Agreement, the Loan shall be interest-free; however, in the event
that the income of Borrower from the transfer of the Borrower’s Equity Interest in the Company in whole to Lender or
Lender’s designated persons (legal or natural persons) is higher than the principal of the Loan, the difference shall be
deemed the interest of the Loan under relevant laws then effective and shall be paid by Borrower to Lender.”
1. Other clauses of the Loan Agreement shall remain the same.
This Supplementary Agreement shall be effective upon being signed and/or affixed the official seals by the Parties. This
Supplementary Agreement is made in two copies with equal legal validity, each Party holding one copy.
3. The validity of this Supplementary Agreement shall be retroacted to July 15, 2005.
/s/ Huang Bo
Name: Huang Bo
/s/ Xie Changqing
Name: Xie Changqing