Childtime Learning Centers, Inc.

Ticker: CTIM		38345 West 10 Mile Road, Suite 100
Exchange: NASDAQ-National Market		Farmington Hills, Michigan 48335
Industry: Service		(810) 476-3200

Type of Shares:	Common Shares	Filing Date:	11/20/95
U.S. Shares:	1,700,000	Offer Date:	2/2/96
Non-U.S. Shares:	0	Filing Range:	$10.00 - $11.00
Primary Shares:	1,700,000	Offer Price:	$11.00
Secondary Shares:	0	Gross Spread:	$0.77
Offering Amount:	$17,850,000	Selling:	$0.42
Expenses:	$525,000	Reallowance:	$0.10
Shares Out After:	4,997,811

Manager	Tier	Phone
William Blair & Company	Lead Manager	(312) 236-1600

Auditor: Coopers & Lybrand
	Audited Income	Latest Unaudited Income	Prior Unaudited Income		Balance Sheet
	3/31/95	10/13/95	10/14/94		10/13/95
Revenue:	$55.34	$33.95	$28.80	Assets:	$41.41
Net Income:	$1.85	$0.80	$0.74	Liabilities:	$30.74
EPS:	$0.48	$0.23	$0.18	Equity:	$10.67
Note: Dollar amounts are in U.S. millions; Audited figures expressed as full year, unaudited figures are partial year

Business Description

The Company provides for-profit child care through 160 child care centers located in 14 states and the District of Columbia. Center-based child care and preschool educational services are provided five days of a week throughout the year to children between the ages of six weeks and twelve years. At October 13, 1995, the Company had approximately 17,000 children enrolled (full and part-time) nationwide. Substantially all of the Company's child care centers are operated under the "Childtime Children's Centers" name. The Company's centers are primarily located on free-standing sites in suburban residential areas with substantial preschool populations. Included among the Company's 160 child care centers are 28 "at work" sites providing child care for working parents at various business enterprises, office complexes, shopping centers and hospitals.

Use of Proceeds

The proceeds from the proposed offering will be used to repay debt.

Last updated: 10/28/96