Transaction in Own Shares

Reed Elsevier PLC 14 August 2007 14 August 2007 ISSUED ON BEHALF OF REED ELSEVIER PLC AND REED ELSEVIER NV Transactions in own shares Reed Elsevier PLC announces that on 14 August 2007, it purchased 600,000 Reed Elsevier PLC ordinary shares at a price of 599.255 pence per share. The purchased shares will be held as treasury shares. Following the above purchase, Reed Elsevier PLC holds 26,088,500 Reed Elsevier PLC ordinary shares in treasury, and has 1,277,855,554 Reed Elsevier PLC ordinary shares in issue (excluding treasury shares). Reed Elsevier NV announces that on 14 August 2007, it purchased 600,000 Reed Elsevier NV ordinary shares at a price of Euro12.9617 per share. The purchased shares will be held as treasury shares. Following the above purchase, Reed Elsevier NV holds 18,416,500 Reed Elsevier NV ordinary shares in treasury, and has 741,073,180 Reed Elsevier NV ordinary shares in issue (excluding treasury shares). This information is provided by RNS The company news service from the London Stock Exchange

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