UPDATE 1-New Oriental Education posts higher Q3 results

* Q3 shr $0.38/ADS, ex items

* Q3 rev $65.4 mln

* Sees 2009 rev $50.5-$53.5 mln

April 21 (Reuters) - China's New Oriental Education and Technology Group Inc (EDU.N) posted a 36 percent rise in quarterly revenue, helped by strong student enrollments in language training and test preparation courses.

The company also forecast fourth-quarter revenue ranging from $50.5 million to $53.5 million.

For the third quarter ending February 28, 2009, the Beijing-based company posted revenue of $65.4 million. Net income fell 10 percent to $10.4 million.

Total student enrollments in language training and test preparation courses rose 31 percent to about 351,700.

Shares of the company closed at $51.25 Monday on the New York Stock Exchange.

For alerts, double-click [ID:nWNAB5322] (Reporting by Amulya Nagaraj in Bangalore; Editing by Anil D'Silva)