Holding(s) in Company

Reed Elsevier PLC
2 September 2002


LETTER TO: RNS

               Disclosure of Interest in Voting Shares

Pursuant to Part VI of the Companies Act 1985 (as amended) a notification was 
received on 30 August 2002 from Fidelity Investments in which they advised that, 
as at 29 August 2002, FMR Corp. and its direct and indirect subsidiaries, and 
Fidelity International Limited and its direct and indirect subsidiaries, no 
longer have a notifiable interest in the issued share capital of the Company.

LETTER FROM: REED ELSEVIER PLC
 

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