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Reed Elsevier PLC 04 May 2007 TR-1: Notifications of Major Interests in Shares 1. Identity of the issuer or the underlying issuer of Reed Elsevier PLC existing shares to which voting rights are attached: 2. Reason for notification (yes/no) x An acquisition or disposal of voting rights An acquisition or disposal of financial instruments which may result in the acquisition of shares already issued to which voting rights are attached An event changing the breakdown of voting rights Other (please specify):______________ 3. Full name of person(s) subject to notification Capital Group International, Inc. obligation: 4. Full name of shareholder(s) (if different from 3): 5. Date of transaction (and date on which the 2 May 2007 threshold is crossed or reached if different): 6. Date on which issuer notified: 3 May 2007 7. Threshold(s) that is/are crossed or reached: 6% 8: Notified Details A: Voting rights attached to shares Class/type of Situation previous to the Resulting situation after the triggering transaction shares triggering transaction Number of Number of Number of Number of voting rights Percentage of voting If possible shares voting shares rights use ISIN code rights 81,307,584 81,307,584 76,341,940 Ordinary Shares Direct Indirect Direct Indirect 76,341,940 5.987% B: Financial Instruments Resulting situation after the triggering transaction Type of financial Expiration date Exercise/ conversion No. of voting rights Percentage of voting instrument period/date that may be acquired rights (if the instrument exercised/converted) N/A Total (A+B) Number of voting rights Percentage of voting rights 76,341,940 5.987% 9. Chain of controlled undertakings through which the voting rights and /or the financial instruments are effectively held, if applicable: Proxy Voting: 10. Name of proxy holder: 11. Number of voting rights proxy holder will cease to hold: 12. Date on which proxy holder will cease to hold voting rights: 13. Additional information: 14 Contact name: Margaret Woods, Assistant Secretary Reed Elsevier PLC 15. Contact telephone name: 020 7166 5613 Attachment As of 2 May 2007 Reed Elsevier PLC number of Percent of Shares Outstanding Capital Group International, Inc. ('CG11') holdings 76,341,940 5.987% Holdings by CG11 Management Companies and Funds Capital Guardian Trust Company 45,158,428 3.542% Capital International Limited 25,100,937 1.969% Capital International S.A. 5,737,100 0.450% Capital International, Inc. 345,475 0.027% This information is provided by RNS The company news service from the London Stock Exchange

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