Director/PDMR Shareholding

Reed Elsevier PLC
07 March 2007

           ISSUED ON BEHALF OF REED ELSEVIER PLC AND REED ELSEVIER NV





7 March 2007



         Interests of directors or other persons discharging managerial

                                responsibilities



Reed Elsevier received notification yesterday that, following the vesting of the
share awards noted below, granted in 2004 under the Reed Elsevier Group plc Long
Term Incentive Share Option Scheme, and after taking account of shares withheld
to meet personal tax and social security obligations, the number of ordinary
shares noted below were released to the directors on 5 March 2007.



The current interest of each director in the share capital of Reed Elsevier PLC
and Reed Elsevier NV is noted below.


Director                 Number of    Number of    Number of     Number of Reed  Current         Current
                         Reed         Reed         Reed Elsevier Elsevier NV
                         Elsevier PLC Elsevier NV  PLC shares    shares released interest in     interest in
                         shares       shares       released                      Reed Elsevier   Reed Elsevier
                         vested       vested                                     PLC ordinary    NV ordinary
                                                                                 shares          shares
Sir Crispin Davis             259,825      178,416       153,296         105,265         720,470         429,609
Mark Armour                   132,036       90,666        77,901          53,492         189,908         100,642
Gerard van de Aast            106,342       73,023        63,805          43,813         102,974         101,754
Erik Engstrom                 147,801      102,165        32,974          85,138          69,047         175,580
Andrew Prozes                 138,435       95,061        81,053          55,658         204,793         151,612
Patrick Tierney                89,982       61,789        52,684          36,176         124,896          84,266



The market price of each share was 588.5p (Reed Elsevier PLC) and €13.10 (Reed
Elsevier NV). The ordinary shares required to satisfy the above releases have
been satisfied from the Reed Elsevier Employee Benefit Trust (the 'Trust').  The
Trust is a discretionary employee benefit trust which may acquire shares in Reed
Elsevier PLC and Reed Elsevier NV by means of market purchases on the
appropriate Stock Exchange.  The Trust is operated in conjunction with Reed
Elsevier's share incentive schemes, and provides for the transfer of shares to
employees on the exercise of awards granted under the said schemes. Executive
directors of Reed Elsevier PLC and Reed Elsevier NV are, for technical
disclosure purposes, deemed to be interested in the shares held by the Trust, by
virtue of being potential beneficiaries under the Trust. The Trust currently
holds an interest in 15,437,933 ordinary shares in Reed Elsevier PLC and
7,993,511 ordinary shares in Reed Elsevier NV.










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