Holding(s) in Company

Reed Elsevier PLC
19 March 2007


TR-1(i):   NOTIFICATION OF MAJOR INTERESTS IN SHARES

1. Identity of the issuer or the underlying issuer of existing            Reed Elsevier PLC
shares to which voting rights are attached(ii):

2. Reason for the notification     (please tick the appropriate box or boxes)

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): CONFIRMATION OF CURRENT POSITION USING THIS STANDARD FORM AS        X
REQUIRED BY EUTD REGULATIONS

3. Full name of person(s) subject to the notification             Prudential plc group of companies
obligation(iii):

4. Full name of shareholder(s) (if different from 3.)(iv):              See attached schedule

5. Date of the transaction (and date on which the threshold is               14-MAR-2007
crossed or reached if different)(v):

6. Date on which issuer notified:                                            16-MAR-2007

7. Threshold(s) that is/are crossed or reached:                                   3%

8. Notified details:


A: Voting rights attached to shares
Class/type of       Situation previous to the   Resulting situation after the triggering transaction(vii)
shares              Triggering transaction (vi)
                     Number of     Number of       Number of    Number of voting rights     % of voting
(if possible using     Shares    Voting Rights      shares                 ix                 rights
the ISIN CODE)                        viii          Direct        Direct  x    Indirect   Direct  Indirect
                                                                                  xi
GB0007308355        43,148,141   43,148,141     43,148,141      43,148,141               3.39%


B: Financial Instruments
Resulting situation after the triggering transaction xii
 Type of financial   Expiration date   Exercise/ Conversion     Number of voting rights     % of voting
     instrument           xiii           Period/ Date xiv       that may be acquired if        rights
                                                                   the instrument is
                                                                 exercised/ converted.
        N/A          N/A                        N/A            N/A                        N/A


Total (A+B)
Number of voting rights                            % of voting rights
43,148,141                                         3.39%


9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively
held, if applicable xv:

Prudential plc (parent Company)

The Prudential Assurance Company Limited (wholly owned subsidiary of Prudential plc)


Proxy Voting:
10. Name of the proxy holder:                                      N/A
11. Number of voting rights proxy holder will cease to hold:       N/A
12. Date on which proxy holder will cease to hold voting rights:   N/A


13. Additional information:                  None
14. Contact name:                            Emma Thompson
15. Contact telephone number:                020 7548 2293

B:             Identity of the notifier, if applicable xvii
Full name                                                     Margaret Woods
Contact address                                               Reed Elsevier PLC

                                                              1-3 Strand, WC2N 5JR
Phone number                                                  020 7166 5613
Other useful information (e.g. functional relationship with   Assistant Company Secretary
the person or legal entity subject to the notification
obligation)

 C:           Additional information




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