JOINT FILING AGREEMENT

In accordance with Rule 13d-l(k)(1) under the Securities Exchange Act of 1934, as amended, the undersigned hereby (i) agree to the joint filing with all other Reporting Persons (as such term is defined in the statement on Schedule 13D described below) of a statement on Schedule 13D (including amendments thereto) with respect to the Class A Ordinary Shares of Ambow Education Holding Ltd. and (ii) agree that this Agreement be included as an Exhibit to such joint filing. This Agreement may be executed in any number of counterparts all of which taken together shall constitute one and the same instrument.

EXECUTED this 23rd day of April, 2013.

GL ASIA MAURITIUS II CAYMAN LIMITED
By:	/s/ Jennifer Tang
	Name: Jennifer Tang
	Title: Director
GL ASIA MAURITIUS II, LLC
By:	/s/ Eric Ross
	Name: Eric Ross
	Title: Attorney-in-Fact for Marc Lasry, Managing Member
AVENUE ASIA SPECIAL SITUATIONS FUND IV, L.P.
By:	Avenue Asia Capital Partners IV, Ltd. its General Partner
By:	Avenue Asia Capital Partners IV, LLC, its Sole Shareholder
By:	GL Asia Partners IV, LLC, its Managing Member
By:	/s/ Eric Ross
	Name: Eric Ross
	Title: Attorney-in-Fact for Marc Lasry, Managing Member
AVENUE ASIA CAPITAL PARTNERS IV, LTD.
By:	Avenue Asia Capital Partners IV, LLC, its Sole Shareholder
By:	GL Asia Partners IV, LLC, its Managing Member
By:	/s/ Eric Ross
	Name: Eric Ross
	Title: Attorney-in-Fact for Marc Lasry, Managing Member

AVENUE ASIA CAPITAL PARTNERS IV, LLC
By:	GL Asia Partners IV, LLC, its Managing Member
By:	/s/ Eric Ross
	Name: Eric Ross
	Title: Attorney-in-Fact for Marc Lasry, Managing Member
GL ASIA PARTNERS IV, LLC
By:	/s/ Eric Ross
	Name: Eric Ross
	Title: Attorney-in-Fact for Marc Lasry, Managing Member
AVENUE ASIA CAPITAL MANAGEMENT, L.P.
By:	Avenue Asia Capital Management GenPar, LLC, its General Partner
By:	/s/ Eric Ross
	Name: Eric Ross
	Title: Attorney-in-Fact for Marc Lasry, Managing Member
AVENUE ASIA CAPITAL MANAGEMENT GENPAR, LLC
By:	/s/ Eric Ross
	Name: Eric Ross
	Title: Attorney-in-Fact for Marc Lasry, Managing Member
MARC LASRY
By:	/s/ Eric Ross
	Name: Eric Ross
	Title: Attorney-in-Fact for Marc Lasry, Managing Member