LAUREATE EDUCATION, INC. — Director's Dealing 2007

May 16, 2007

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: LAUREATE EDUCATION, INC. (LAUR)
CIK: 0000912766
Period of Report: 2007-05-15

Reporting Person: SINGER PAULA R (Pres & CEO Online Higher Ed.)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2007-05-15	Common Stock	S	1000	$59.80	Disposed	30426	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	1020	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Options (rt to buy)	$13.11	2009-12-13	Common Stock (31500)	31500	Direct
Options (rt to buy)	$12.31	2009-12-13	Common Stock (6500)	38000	Direct
Options (rt to buy)	$46.37	2012-09-20	Common Stock (35000)	73000	Direct

Footnotes

F1: Includes 6,000 shares granted on 4/30/2003 as to which there remains a risk of forfeiture and 15,000 shares granted on 12/13/2005 as to which there remains a risk of forfeiture.

F2: All options are vested and exercisable.

F3: As of 12/31/2006, 10,937 options were vested and exercisable. An additional 2,187 options will vest and become exercisable each quarter thereafter, with the entire amount becoming vested and exercisable as of 9/30/2009.