LAUREATE EDUCATION, INC. — Director's Dealing 2007

Jul 3, 2007

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: LAUREATE EDUCATION, INC. (LAUR)
CIK: 0000912766
Period of Report: 2007-07-02

Reporting Person: APPADOO RAPH (President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2007-07-02	Common Stock	M	100000	$3.33	Acquired	152164	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2007-07-02	Options	$3.33	M	100000	Disposed	2010-02-01	Common Stock (249741)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	9429	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Options	$17.54	2013-04-30	Common Stock (138750)	388491	Direct
Options	$46.37	2012-09-20	Common Stock (100000)	488491	Direct

Footnotes

F1: Includes 22,500 shares remaining subject to forfeiture, with the risk of forfeiture lapsing 7,500 shares on each of March 31, 2008, 2009 and 2010, assuming specific performance criteria are met as of those dates.

F2: Options are fully vested and exercisable.

F3: These shares were sold pursuant to Rule 10b5-1 plan.

F4: 6,250 options vest quarterly beginning 6/20/07 through 9/20/2009.