ISSUED ON BEHALF OF REED ELSEVIER PLC AND REED ELSEVIER NV
The Companies were notified on 5 March 2015 of the following transaction in the shares of
Reed Elsevier PLC ("RE PLC") and Reed Elsevier NV ("RE NV"), by Ian Fraser, a PDMR:
On 4 March 2015, Mr Fraser exercised an option granted on 15 February 2007 at a price of €14.51 per share to acquire 31,749 RE NV ordinary shares.
In addition, Mr Fraser sold shares as set out below:
03/03/2015 RE NV 1,473 €22.60
04/03/2015 RE NV 26,695 €22.215929
04/03/2015 RE NV 31,749 €22.154405
04/03/2015 RE PLC 28,087 £11.076518
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