Holding(s) in Company

Reed Elsevier PLC 26 January 2006 ISSUED ON BEHALF OF REED ELSEVIER PLC Disclosure of Interest in Voting Shares of Reed Elsevier PLC Reed Elsevier PLC received on 26 January 2006 a notification dated 25 January 2006, in accordance with Part VI of the Companies Act 1985 (as amended), that the interest of FMR Corp. and its direct and indirect subsidiaries, and Fidelity International Limited and its direct and indirect subsidiaries, in the ordinary shares of Reed Elsevier PLC is 64,112,269 shares, representing 5.02% of the Company's current issued share capital. This information is provided by RNS The company news service from the London Stock Exchange

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