Director/PDMR Shareholding

Reed Elsevier PLC
19 December 2007



           ISSUED ON BEHALF OF REED ELSEVIER PLC AND REED ELSEVIER NV





19 December 2007



                           Director/PDMR Shareholding





Reed Elsevier received notification today that Mr Patrick Tierney, a director of
Reed Elsevier PLC and Reed Elsevier NV, undertook the following transactions in
Reed Elsevier PLC and Reed Elsevier NV securities on 18 December 2007:





(i)            Exercised an option over 90,000 Reed Elsevier PLC ordinary
shares, granted in 2004 at an option price of 487.25p and sold them at 636.50p
per share.



(ii)           Exercised an option over 60,000 Reed Elsevier NV ordinary shares,
granted in 2004 at an option price of €10.57 and sold them at €13.18 per share.



Reed Elsevier has also received further notice that Mr Patrick Tierney undertook
the following transactions today:



(iii)        Sold 25,000 Reed Elsevier PLC ordinary shares at 636p per share.



(iv)         Sold 16,000 Reed Elsevier NV ordinary shares  at €13.10 per share.





As a consequence of these transactions, Mr Tierney's  interests in the ordinary
share capital of Reed Elsevier is now:





               37,416 Reed Elsevier PLC ordinary shares; and



               25,448 Reed Elsevier NV ordinary shares.


















                      This information is provided by RNS
            The company news service from the London Stock Exchange