/C O R R E C T I O N -- Nord Anglia Education/

In the news release,International Schools Group Heads to London,issued 09-Oct-2018 by Nord Anglia Education over PR Newswire,the currency involvedin the 3rd bullet point and in the 9th paragraph should be GBP instead ofEUR; in the 9thparagraph,1st sentence should read "it will commit an estimated GBP75 million over the next decade"rather than "it has committed to allocating a percentage of their annual profits,raising an estimated GBP75 million over the next decade" as incorrectly transmitted by PR Newswire. The complete,corrected release follows:

International Schools Group Heads to London

Nord Anglia Education to move their global headquarters back to the UK from Hong Kong

Relocation will create 80 jobs in London

Move will support funding of GBP75 million for a new charitable foundation and a global campaign centre for students and teachers

HONG KONG,Oct. 10,2018 -- Nord Anglia Education (NAE),the world's leading premium schools organisation,is relocating its headquarters back to the United Kingdom.

From this new base,NAE will establish a charitable foundation as well as an innovative global campaign centre,empowering students and teachers to transform their ideas for change into impactful,sustainable solutions.

Having previously been based in the United Kingdom,Nord Anglia Education moved its central office to Hong Kong in 2012 to support its expansion in China and Southeast Asia,with the subsequent acquisition of 15 schools and the creation of eight new schools in the region.

The organisation currently has 56 schools in 27 countries,and Nord Anglia Education chief executive Andrew Fitzmaurice said the move to London would allow NAE to better work with its global network of schools in the future.

"Nord Anglia Education has grown significantly in the past six years and we now have schools across the globe from Beijing to Sao Paulo." Mr Fitzmaurice said.

"Last month we opened a new school in Dublin,Ireland and acquired the American International School of Rotterdam."

"Looking forward,London is an ideal base for our central support team to effectively meet the teaching and learning needs of our 53,000 students around the world."

The move will create 80 new jobs in the capital,across the organisation's central support team,which includes education,IT,HR,marketing,finance,legal and administrative support. The London headquarters will operate as a hub for five regional offices in Chicago,Dubai,Geneva,Ho Chi Minh City and Shanghai.

As NAE continues to grow,it will commit an estimated GBP75 million over the next decade,towards the establishment of a new charitable foundation as well as supporting the creation of a student-led global campaign centre,harnessing the potential of their 53,000 students to become the change makers of tomorrow.

"Our most powerful asset is our students," Mr Fitzmaurice said.

"They want to,can and will change the world. The hope for our charitable foundation and global campaign centre is that it will help them do that,faster,more effectively and more sustainably."

These initiatives will be led by Katie White OBE,who said the aim was to arm young people with the tools,resources and training to take their passions and turn them into a powerful force for systemic change.

"We want to encourage and prepare tomorrow's leaders,managers,opinion formers and entrepreneurs to be able to positively affect change and grow sustainable communities," Ms White said.

"Our schools already engage in some brilliant social endeavours and we want a global campaign centre to take this one step further. We are in a unique position to do social good and we are keen to maximise that."

Alongside the establishment of the charitable foundation and a global campaign centre,the funding will also go towards the roll out of a world-first platform,'Share A Dream'; a website allowing the NAE's students around the world to share philanthropic causes and how these are being supported,measuring both time spent and money raised.

The platform is currently being piloted in five NAE schools,College Alpin Beau Soleil,College Champittet,Nyon and College Champittet Pully,the British International School of Houston and the British International School,Ho Chi Minh City.

Nord Anglia's Education Advisory Board chairman Lord David Puttnam said the initiativeswould allow NAE students to engage in the type of systemic change that would help bring about a sustainable difference in society.

"In our schools we have 53,000 young people who we hope will come to see themselves as the change makers of tomorrow," Lord Puttnam said.

Nord Anglia Education is currently recruiting to support its London relocation and is on target for its London headquarters to be fully operational in the first quarter of 2019.

"When our students go out into the working world,we want them to take with them a different skill set that will have the ripple effect of creating real and meaningful change in societies across the globe," Mr Fitzmaurice said.

For more information on Nord Anglia Education please visit www.nordangliaeducation.com.

For more information on Share A Dream please visit www.shareadream.org

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