Holding in Company

Reed International PLC
19 December 2001


Letter to Company Announcements Office

Disclosure of Interest in Voting Shares

I am writing to inform you that we have received today a notification dated 
17 December 2001, in accordance with Part VI of the Companies Act 1985 (as 
amended), that the interest of FMR Corp., and its subsidiary Fidelity 
International Limited, in the ordinary shares of Reed International PLC is 
38,109,840 shares, representing 3.01% of the Company's current issued share 
capital.

Letter from Reed International Plc