Dividend payment timetable

Reed Elsevier PLC
23 January 2007





                              News Release

        Issued on behalf of Reed Elsevier PLC and Reed Elsevier NV

                                                                 23 January 2007

              REED ELSEVIER 2006 FINAL DIVIDEND PAYMENT TIMETABLE

The payment timetable for Reed Elsevier 2006 final dividends will be as follows:

                              REED ELSEVIER PLC

                          Reed Elsevier PLC       Reed Elsevier PLC ADRs
                          Ordinary shares

Proposal announced        15 February 2007        15 February 2007
Declaration (at AGM*)     17 April 2007           17 April 2007
Ex-dividend date          18 April 2007           18 April 2007
Record date               20 April 2007           20 April 2007
Payment date              11 May 2007             18 May 2007

                               REED ELSEVIER NV

                          Reed Elsevier NV        Reed Elsevier NV ADRs
                          Ordinary shares

Proposal announced        15 February 2007        15 February 2007
Declaration (at AGM*)     18 April 2007           18 April 2007
Ex-dividend date          20 April 2007           20 April 2007
Record date               19 April 2007           24 April 2007
Payment date              11 May 2007             18 May 2007


*The Annual General Meetings of Reed Elsevier PLC and Reed Elsevier NV will be
held on Tuesday 17th April and Wednesday 18th April in London and Amsterdam
respectively.

                                    - ends -

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