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ISSUED ON BEHALF OF REED ELSEVIER PLC AND REED ELSEVIER NV
7 March 2013
Reed Elsevier received notification yesterday, that on 6 March 2013, Mr Duncan Palmer, a director of Reed Elsevier, purchased 22 Reed Elsevier PLC ADRs, at a price of $44.23 per ADR and 63 Reed Elsevier NV ADRs at a price of $31.51 per ADR. Each Reed Elsevier PLC ADR represents four Reed Elsevier ordinary shares and each Reed Elsevier NV ADR represents two Reed Elsevier NV ordinary shares.
As a result of this transaction, Mr Palmer's current interest in Reed Elsevier's ordinary share capital is:
· 88 Reed Elsevier PLC ordinary shares; and
· 126 Reed Elsevier NV ordinary shares.
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