Page 1 of 15 SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Schedule 13G (Rule 13d-102) INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO RULES 13d-1 (b), (c) AND (d) AND AMENDMENTS THERETO FILED PURSUANT TO 13d-2 (b) (Amendment No. 1)* NEW ORIENTAL EDUCATION & TECHNOLOGY GROUP INC. -------------------------------------------------------------------------------- (Name of Issuer) Common Shares -------------------------------------------------------------------------------- (Title of Class of Securities) 647581107 -------------------------------------------------------------------------------- (CUSIP Number) December 31, 2007 -------------------------------------------------------------------------------- (Date of Event Which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: [ ] Rule 13d-1(b) [ ] Rule 13d-1(c) [X] Rule 13d-1(d) *The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page. The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). (Continued on following pages) Page 1 of 15 Pages ---------------------------------------- ---------------------------- CUSIP NO. 647581107 13 G Page 2 of 15 ---------------------------------------- ---------------------------- -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY) Tiger Global Private Investment Partners II, L.P. ("Tiger PIP II") -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [X] -------------------------------------------------------------------------------- 3 SEC USE ONLY -------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION Cayman Islands -------------------------------------------------------------------------------- NUMBER OF 5 SOLE VOTING POWER 7,278,532 shares (including 7,227,912 SHARES represented by 1,806,978 American Depositary Shares, which may be exchanged into common BENEFICIALLY shares), except that Tiger Global PIP Performance II, L.L.C. ("Tiger Performance II"), OWNED BY EACH the general partner of Tiger PIP II, may be deemed to have sole voting power with respect to REPORTING such shares, Tiger Global Management, LLC ("Tiger Management"), the investment manager of Tiger PIP PERSON II, may be deemed to have sole voting power with respect to such shares, and Charles P. Coleman WITH III ("Coleman"), the managing member of each of Tiger Performance II and Tiger Management, may be deemed to have sole voting power with respect to such shares. ------------------------------------------------------- 6 SHARED VOTING POWER See response to row 5. ------------------------------------------------------- 7 SOLE DISPOSITIVE POWER 7,278,532 shares (including 7,227,912 represented by 1,806,978 American Depositary Shares, which may be exchanged into common shares), except that Tiger Performance II, the general partner of Tiger PIP II, may be deemed to have sole dispositive power with respect to such shares, Tiger Management, the investment manager of Tiger PIP II, may be deemed to have sole dispositive power with respect to such shares, and Coleman, the managing member of each of Tiger Performance II and Tiger Management, may be deemed to have sole dispositive power with respect to such shares. ------------------------------------------------------- 8 SHARED DISPOSITIVE POWER See response to row 7. -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 7,278,532 -------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [ ] -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 4.8% -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* PN -------------------------------------------------------------------------------- * SEE INSTRUCTIONS BEFORE FILLING OUT! ---------------------------------------- ---------------------------- CUSIP NO. 647581107 13 G Page 3 of 15 ---------------------------------------- ---------------------------- -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY) Tiger Global PIP Performance II, L.L.C. ("Tiger Performance II") -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [X] -------------------------------------------------------------------------------- 3 SEC USE ONLY -------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware -------------------------------------------------------------------------------- NUMBER OF 5 SOLE VOTING POWER 7,278,532 shares (including 7,227,912 represented SHARES by 1,806,978 American Depositary Shares, which may be exchanged into common shares), all of which are BENEFICIALLY directly owned by Tiger PIP II. Tiger Performance II is the general partner of Tiger PIP II and may OWNED BY EACH be deemed to have sole voting power with respect to such shares, and Coleman, the managing member of REPORTING Tiger Performance II, may be deemed to have sole voting power with respect to such shares. PERSON ------------------------------------------------------- WITH 6 SHARED VOTING POWER See response to row 5. ------------------------------------------------------- 7 SOLE DISPOSITIVE POWER 7,278,532 shares (including 7,227,912 represented by 1,806,978 American Depositary Shares, which may be exchanged into common shares), all of which are directly owned by Tiger PIP II. Tiger Performance II is the general partner of Tiger PIP II and may be deemed to have sole dispositive power with respect to such shares, and Coleman, the managing member of Tiger Performance II, may be deemed to have sole dispositive power with respect to such shares. ------------------------------------------------------- 8 SHARED DISPOSITIVE POWER See response to row 7. -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 7,278,532 -------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [ ] -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 4.8% -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* OO -------------------------------------------------------------------------------- * SEE INSTRUCTIONS BEFORE FILLING OUT! ---------------------------------------- ---------------------------- CUSIP NO. 647581107 13 G Page 4 of 15 ---------------------------------------- ---------------------------- -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY) Tiger Global, L.P. ("Tiger Global") -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [X] -------------------------------------------------------------------------------- 3 SEC USE ONLY -------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware -------------------------------------------------------------------------------- NUMBER OF 5 SOLE VOTING POWER 48,520 shares (represented by 12,130 American SHARES Depositary Shares, which may be exchanged into common shares), except that each of Tiger Global BENEFICIALLY Performance, LLC ("Tiger Global Performance"), the general partner of Tiger Global, and Tiger OWNED BY EACH Management, the investment manager of Tiger Global, may be deemed to have sole voting power REPORTING with respect to such shares, and Coleman, the managing member of each of Tiger Global PERSON Performance and Tiger Management, may be deemed to have sole voting power with respect to such shares. WITH ------------------------------------------------------- 6 SHARED VOTING POWER See response to row 5. ------------------------------------------------------- 7 SOLE DISPOSITIVE POWER 48,520 shares (represented by 12,130 American Depositary Shares, which may be exchanged into common shares), except that each of Tiger Global Performance, the general partner of Tiger Global, and Tiger Management, the investment manager of Tiger Global, may be deemed to have sole dispositive power with respect to such shares, and Coleman, the managing member of each of Tiger Global Performance and Tiger Management, may be deemed to have sole dispositive power with respect to such shares. ------------------------------------------------------- 8 SHARED DISPOSITIVE POWER See response to row 7. -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 48,520 -------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [ ] -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 0.0% -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* PN -------------------------------------------------------------------------------- * SEE INSTRUCTIONS BEFORE FILLING OUT! ---------------------------------------- ---------------------------- CUSIP NO. 647581107 13 G Page 5 of 15 ---------------------------------------- ---------------------------- -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY) Tiger Global II, L.P. ("Tiger Global II") -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [X] -------------------------------------------------------------------------------- 3 SEC USE ONLY -------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware -------------------------------------------------------------------------------- NUMBER OF 5 SOLE VOTING POWER 12,168 shares (including 12,056 represented by SHARES 3,014 American Depositary Shares, which may be exchanged into common shares), except that each of BENEFICIALLY Tiger Global Performance, the general partner of Tiger Global II, and Tiger Management, the OWNED BY EACH investment manager of Tiger Global II, may be deemed to have sole voting power with respect to REPORTING such shares, and Coleman, the managing member of each of Tiger Global Performance and Tiger PERSON Management, may be deemed to have sole voting power with respect to such shares. WITH ------------------------------------------------------- 6 SHARED VOTING POWER See response to row 5. ------------------------------------------------------- 7 SOLE DISPOSITIVE POWER 12,168 shares (including 12,056 represented by 3,014 American Depositary Shares, which may be exchanged into common shares), except that each of Tiger Global Performance, the general partner of Tiger Global II, and Tiger Management, the investment manager of Tiger Global II, may be deemed to have sole dispositive power with respect to such shares, and Coleman, the managing member of each of Tiger Global Performance and Tiger Management, may be deemed to have sole dispositive power with respect to such shares. ------------------------------------------------------- 8 SHARED DISPOSITIVE POWER See response to row 7. -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 12,168 -------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [ ] -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 0.0% -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* PN -------------------------------------------------------------------------------- * SEE INSTRUCTIONS BEFORE FILLING OUT! ---------------------------------------- ---------------------------- CUSIP NO. 647581107 13 G Page 6 of 15 ---------------------------------------- ---------------------------- -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY) Tiger Global, Ltd. ("Tiger Ltd.") -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [X] -------------------------------------------------------------------------------- 3 SEC USE ONLY -------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION Cayman Islands -------------------------------------------------------------------------------- NUMBER OF 5 SOLE VOTING POWER 29,848 shares (represented by 7,462 American SHARES Depositary Shares, which may be exchanged into common shares), except that Tiger Management, the BENEFICIALLY investment manager of Tiger Ltd., may be deemed to have sole voting power with respect to such shares, OWNED BY EACH and Coleman, the director of Tiger Ltd. and the managing member of Tiger Management, may be deemed REPORTING to have sole voting power with respect to such shares. PERSON ------------------------------------------------------- WITH 6 SHARED VOTING POWER See response to row 5. ------------------------------------------------------- 7 SOLE DISPOSITIVE POWER 29,848 shares (represented by 7,462 American Depositary Shares, which may be exchanged into common shares), except that Tiger Management, the investment manager of Tiger Ltd., may be deemed to have sole dispositive power with respect to such shares, and Coleman, the director of Tiger Ltd. and the managing member of Tiger Management, may be deemed to have sole dispositive power with respect to such shares. ------------------------------------------------------- 8 SHARED DISPOSITIVE POWER See response to row 7. -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 29,848 -------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [ ] -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 0.0% -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* CO -------------------------------------------------------------------------------- * SEE INSTRUCTIONS BEFORE FILLING OUT! ---------------------------------------- ---------------------------- CUSIP NO. 647581107 13 G Page 7 of 15 ---------------------------------------- ---------------------------- -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY) Tiger Global Performance, LLC ("Tiger Global Performance") -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [X] -------------------------------------------------------------------------------- 3 SEC USE ONLY -------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware -------------------------------------------------------------------------------- NUMBER OF 5 SOLE VOTING POWER 60,688 shares, of which 48,520 (represented by SHARES 12,130 American Depositary Shares, which may be exchanged into common shares) are directly owned BENEFICIALLY by Tiger Global and 12,168 (including 12,056 represented by 3,014 American Depositary Shares, OWNED BY EACH which may be exchanged into common shares) are directly owned by Tiger Global II. Tiger Global REPORTING Performance is the general partner of each of Tiger Global and Tiger Global II and may be PERSON deemed to have sole voting power with respect to such shares, Tiger Management is the investment WITH manager of each of Tiger Global and Tiger Global II and may be deemed to have sole voting power with respect to such shares and Coleman, the managing member of each of Tiger Global Performance and Tiger Management, may be deemed to have sole voting power with respect to such shares. ------------------------------------------------------- 6 SHARED VOTING POWER See response to row 5. ------------------------------------------------------- 7 SOLE DISPOSITIVE POWER 60,688 shares, of which 48,520 (represented by 12,130 American Depositary Shares, which may be exchanged into common shares) are directly owned by Tiger Global and 12,168 (including 12,056 represented by 3,014 American Depositary Shares, which may be exchanged into common shares) are directly owned by Tiger Global II. Tiger Global Performance is the general partner of each of Tiger Global and Tiger Global II and may be deemed to have sole dispositive power with respect to such shares, Tiger Management is the investment manager of each of Tiger Global and Tiger Global II and may be deemed to have sole dispositive power with respect to such shares and Coleman, the managing member of each of Tiger Global Performance and Tiger Management, may be deemed to have sole dispositive power with respect to such shares. ------------------------------------------------------- 8 SHARED DISPOSITIVE POWER See response to row 7. -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 60,688 -------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [ ] -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 0.0% -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* OO -------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! ---------------------------------------- ---------------------------- CUSIP NO. 647581107 13 G Page 8 of 15 ---------------------------------------- ---------------------------- -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY) Tiger Global Management, LLC ("Tiger Management") -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [X] -------------------------------------------------------------------------------- 3 SEC USE ONLY -------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware -------------------------------------------------------------------------------- NUMBER OF 5 SOLE VOTING POWER 7,369,068 shares, of which 7,278,532 are directly SHARES owned by Tiger PIP II (including 7,227,912 represented by 1,806,978 American Depositary BENEFICIALLY Shares, which may be exchanged into common shares), 48,520 (represented by 12,130 American OWNED BY EACH Depositary Shares, which may be exchanged into common shares) are directly owned by Tiger Global, REPORTING 12,168 (including 12,056 represented by 3,014 American Depositary Shares, which may be exchanged PERSON into common shares) are directly owned by Tiger Global II and 29,848 (represented by 7,462 WITH American Depositary Shares, which may be exchanged into common shares) are directly owned by Tiger Ltd. Tiger Management is the investment manager of each of Tiger PIP II, Tiger Global, Tiger Global II and Tiger Ltd. and may be deemed to have sole voting power with respect to such shares, Tiger Global Performance is the general partner of each of Tiger Global and Tiger Global II and may be deemed to have sole voting power with respect to such shares and Coleman is the managing member of Tiger Management and the director of Tiger Ltd. and may be deemed to have sole voting power with respect to such shares. ------------------------------------------------------- 6 SHARED VOTING POWER See response to row 5. ------------------------------------------------------- 7 SOLE DISPOSITIVE POWER 7,369,068 shares, of which 7,278,532 are directly owned by Tiger PIP II (including 7,227,912 represented by 1,806,978 American Depositary Shares, which may be exchanged into common shares), 48,520 (represented by 12,130 American Depositary Shares, which may be exchanged into common shares) are directly owned by Tiger Global, 12,168 (including 12,056 represented by 3,014 American Depositary Shares, which may be exchanged into common shares) are directly owned by Tiger Global II and 29,848 (represented by 7,462 American Depositary Shares, which may be exchanged into common shares) are directly owned by Tiger Ltd. Tiger Management is the investment manager of each of Tiger PIP II, Tiger Global, Tiger Global II and Tiger Ltd. and may be deemed to have sole dispositive power with respect to such shares, Tiger Global Performance is the general partner of each of Tiger Global and Tiger Global II and may be deemed to have sole dispositive power with respect to such shares and Coleman is the managing member of Tiger Management and the director of Tiger Ltd. and may be deemed to have sole dispositive power with respect to such shares. ------------------------------------------------------- 8 SHARED DISPOSITIVE POWER See response to row 7. -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 7,369,068 -------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [ ] -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 4.9% -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* OO -------------------------------------------------------------------------------- * SEE INSTRUCTIONS BEFORE FILLING OUT! ---------------------------------------- ---------------------------- CUSIP NO. 647581107 13 G Page 9 of 15 ---------------------------------------- ---------------------------- -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY) Charles P. Coleman III ("Coleman") -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [X] -------------------------------------------------------------------------------- 3 SEC USE ONLY -------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION U.S. Citizen -------------------------------------------------------------------------------- NUMBER OF 5 SOLE VOTING POWER 7,369,068 shares, of which 7,278,532 are SHARES directly owned by Tiger PIP II (including 7,227,912 represented by 1,806,978 American BENEFICIALLY Depositary Shares, which may be exchanged into common shares), 48,520 (represented by 12,130 OWNED BY EACH American Depositary Shares, which may be exchanged into common shares) are directly owned REPORTING by Tiger Global, 12,168 (including 12,056 represented by 3,014 American Depositary Shares, PERSON which may be exchanged into common shares) are directly owned by Tiger Global II and 29,848 WITH (represented by 7,462 American Depositary Shares, which may be exchanged into common shares) are directly owned by Tiger Ltd. Coleman is the managing member of each of Tiger Performance II (the general partner of Tiger PIP II), Tiger Global Performance (the general partner of each of Tiger Global and Tiger Global II) and Tiger Management (the investment manager of each of Tiger PIP II, Tiger Global, Tiger Global II and Tiger Ltd.) and the director of Tiger Ltd. and may be deemed to have sole voting power with respect to such shares. ------------------------------------------------------- 6 SHARED VOTING POWER See response to row 5. ------------------------------------------------------- 7 SOLE DISPOSITIVE POWER 7,369,068 shares, of which 7,278,532 are directly owned by Tiger PIP II (including 7,227,912 represented by 1,806,978 American Depositary Shares, which may be exchanged into common shares), 48,520 (represented by 12,130 American Depositary Shares, which may be exchanged into common shares) are directly owned by Tiger Global, 12,168 (including 12,056 represented by 3,014 American Depositary Shares, which may be exchanged into common shares) are directly owned by Tiger Global II and 29,848 (represented by 7,462 American Depositary Shares, which may be exchanged into common shares) are directly owned by Tiger Ltd. Coleman is the managing member of each of Tiger Performance II (the general partner of Tiger PIP II), Tiger Global Performance (the general partner of each of Tiger Global and Tiger Global II) and Tiger Management (the investment manager of each of Tiger PIP II, Tiger Global, Tiger Global II and Tiger Ltd.) and the director of Tiger Ltd. and may be deemed to have sole dispositive power with respect to such shares. ------------------------------------------------------- 8 SHARED DISPOSITIVE POWER See response to row 7. -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 7,369,068 -------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [ ] -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 4.9% -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* IN -------------------------------------------------------------------------------- * SEE INSTRUCTIONS BEFORE FILLING OUT! ---------------------------------------- ---------------------------- CUSIP NO. 647581107 13 G Page 10 of 15 ---------------------------------------- ---------------------------- This Amendment No. 1 amends the Schedule 13G filed by Tiger Global Private Investment Partners II, L.P., a Cayman Islands limited partnership ("Tiger PIP II"), Tiger Global PIP Performance II, L.L.C., a Delaware limited liability company ("Tiger Performance II"), Tiger Global, L.P., a Delaware limited partnership ("Tiger Global"), Tiger Global II, L.P., a Delaware limited partnership ("Tiger Global II"), Tiger Global, Ltd., a Cayman Islands exempted company ("Tiger Ltd."), Tiger Global Performance, LLC, a Delaware limited liability company ("Tiger Global Performance"), Tiger Global Management, LLC, a Delaware limited liability company ("Tiger Management"), and Charles P. Coleman III ("Coleman"). The foregoing entities and individual are collectively referred to as the "Reporting Persons." Only those items as to which there has been a change are included in this Amendment No. 1. ITEM 2(A). NAME OF PERSONS FILING ---------------------- This Statement is filed by the Reporting Persons. Tiger Performance II, the general partner of Tiger PIP II, and Tiger Management, the investment manager of Tiger PIP II, may be deemed to have sole power to vote and sole power to dispose of shares of the issuer directly owned by Tiger PIP II. Tiger Global Performance, the general partner of Tiger Global and Tiger Global II, may be deemed to have sole power to vote and sole power to dispose of shares of the issuer directly owned by Tiger Global and Tiger Global II. Tiger Management, the investment manager of each of Tiger PIP II, Tiger Global, Tiger Global II and Tiger Ltd., may be deemed to have sole power to vote and sole power to dispose of shares of the issuer directly owned by Tiger PIP II, Tiger Global, Tiger Global II and Tiger Ltd. Coleman is the managing member of Tiger Performance II, Tiger Global Performance and Tiger Management and the director of Tiger Ltd. and may be deemed to have sole power to vote and sole power to dispose of shares of the issuer directly owned by Tiger PIP II, Tiger Global, Tiger Global II and Tiger Ltd. ITEM 2(B). ADDRESS OF PRINCIPAL BUSINESS OFFICE ------------------------------------ The address for each of the Reporting Persons is: Tiger Global Management, LLC 101 Park Avenue, 48th Floor New York, NY 10178 USA ITEM 2(C) CITIZENSHIP Tiger PIP II is a Cayman Islands limited partnership. Tiger Global and Tiger Global II are Delaware limited partnerships. Tiger Performance II, Tiger Global Performance and Tiger Management are Delaware limited liability companies. Tiger Ltd. is a Cayman Islands exempted company. Coleman is a United States citizen. OWNERSHIP: The following information with respect to the ownership of the Ordinary Shares of the issuer by the Reporting Persons is provided as of December 31, 2007: (a) AMOUNT BENEFICIALLY OWNED: See Row 9 of cover page for each Reporting Person. (b) PERCENT OF CLASS: See Row 11 of cover page for each Reporting Person. ---------------------------------------- ---------------------------- CUSIP NO. 647581107 13 G Page 11 of 15 ---------------------------------------- ---------------------------- (c) NUMBER OF SHARES AS TO WHICH SUCH PERSON HAS: (i) SOLE POWER TO VOTE OR TO DIRECT THE VOTE: See Row 5 of cover page for each Reporting Person. (ii) SHARED POWER TO VOTE OR TO DIRECT THE VOTE: See Row 6 of cover page for each Reporting Person. (iii) SOLE POWER TO DISPOSE OR TO DIRECT THE DISPOSITION OF: See Row 7 of cover page for each Reporting Person. (iv) SHARED POWER TO DISPOSE OR TO DIRECT THE DISPOSITION OF: See Row 8 of cover page for each Reporting Person. ITEM 5. OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS -------------------------------------------- If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following: [x] Yes Page 12 of 15 SIGNATURES After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. Dated: February 12, 2008 Tiger Global Private Investment Partners II, L.P. /s/ Charles P. Coleman III By Tiger Global PIP Performance II, L.L.C. ----------------------------- Its General Partner Signature Charles P. Coleman III Managing Member Tiger Global PIP Performance II, L.L.C. /s/ Charles P. Coleman III ----------------------------- Signature Charles P. Coleman III Managing Member Tiger Global, L.P. /s/ Charles P. Coleman III By Tiger Global Performance, LLC ----------------------------- Its General Partner Signature Charles P. Coleman III Managing Member Tiger Global II, L.P. /s/ Charles P. Coleman III By Tiger Global Performance, LLC ----------------------------- Its General Partner Signature Charles P. Coleman III Managing Member Tiger Global, Ltd. /s/ Charles P. Coleman III ----------------------------- Signature Charles P. Coleman III Director Page 13 of 15 Tiger Global Performance, LLC /s/ Charles P. Coleman III ----------------------------- Signature Charles P. Coleman III Managing Member Tiger Global Management, LLC /s/ Charles P. Coleman III ----------------------------- Signature Charles P. Coleman III Managing Member Charles P. Coleman III /s/ Charles P. Coleman III ----------------------------- Signature The original statement shall be signed by each person on whose behalf the statement is filed or his authorized representative. If the statement is signed on behalf of a person by his authorized representative other than an executive officer or general partner of the filing person, evidence of the representative's authority to sign on behalf of such person shall be filed with the statement, provided, however, that a power of attorney for this purpose which is already on file with the Commission may be incorporated by reference. The name and any title of each person who signs the statement shall be typed or printed beneath his signature. NOTE: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. SEE ss.240.13d-7 for other parties for whom copies are to be sent. ATTENTION: INTENTIONAL MISSTATEMENTS OR OMISSIONS OF FACT CONSTITUTE FEDERAL CRIMINAL VIOLATIONS (SEE 18 U.S.C. 1001) Page 14 of 15 EXHIBIT INDEX Found on Sequentially Exhibit Numbered Page ------- Exhibit A: Agreement of Joint Filing 15 Page 15 of 15 EXHIBIT A Agreement of Joint Filing ------------------------- The Reporting Persons hereby agree that a single Schedule 13G (or any amendment thereto) relating to the Common Shares of New Oriental Education & Technology Group Inc. shall be filed on behalf of each of the Reporting Persons. Note that copies of the applicable Agreement of Joint Filing are already on file with the appropriate agencies.