Holding(s) in Company

Reed Elsevier PLC 23 May 2006 ISSUED ON BEHALF OF REED ELSEVIER PLC Disclosure of Interest in Voting Shares of Reed Elsevier PLC Reed Elsevier PLC received on 23 May 2006 a notification dated 22 May 2006, in accordance with Part VI of the Companies Act 1985 (as amended), that the interest of The Capital Group Companies, Inc. and certain of its affiliates in the ordinary shares of Reed Elsevier PLC is 121,742,080 shares, representing 9.63% of the Company's current issued share capital of which 62,631,585 shares, representing 4.95% of the Company's share capital are held by Capital Guardian Trust Company and 41,604,420 shares, representing 3.29% of the Company's share capital are held by Capital International Limited. This information is provided by RNS The company news service from the London Stock Exchange

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