Director/PDMR Shareholding

Reed Elsevier PLC 05 December 2007 ISSUED ON BEHALF OF REED ELSEVIER PLC AND REED ELSEVIER NV 5 December 2007 Director/PDMR Shareholding Reed Elsevier has received notification that Mr Patrick Tierney, a director of Reed Elsevier PLC and Reed Elsevier NV, undertook the following transactions in the ADRs of Reed Elsevier PLC and Reed Elsevier NV today: (i) Sold 6,537 Reed Elsevier PLC ADRs at an average price of $49.94 per ADR. (ii) Sold 8,855 Reed Elsevier NV ADRs at an average price of $36.77 per ADR. As a consequence of these transactions, Mr Tierney's interests in the ordinary share capital of Reed Elsevier is now: 62,416 Reed Elsevier PLC ordinary shares; and 41,448 Reed Elsevier NV ordinary shares. This information is provided by RNS The company news service from the London Stock Exchange

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