Segmental Analysis

Pearson PLC 25 June 2003 25 June 2003 2002 INTERIM RESULTS: SEGMENTAL ANALYSIS Pearson, the international media company, will release its interim results for the six months ended 30 June 2003 on Monday 28 July 2003. Ahead of the interim announcement, we are providing our divisional results for the first half of 2002 based on the segmental analysis introduced for the 2002 preliminary results. This analysis provides a more detailed profits breakdown for Pearson Education, our largest division, and includes the results of our internet enterprises within their base businesses. The 2002 results are as follows: Pearson Education £ millions 2002 2002 half year full year Sales School 519 1,151 Higher Education 222 775 Professional * 285 784 FT Knowledge ** 23 46 Total 1,049 2,756 Operating profit/(loss) School 12 115 Higher Education (32) 142 Professional * 29 81 FT Knowledge ** (9) (12) Total 0 326 * At the start of 2003, we moved our Alpha publishing imprint from Pearson Education's Professional division to Penguin. In 2002, Alpha had full-year sales of approximately £19m and profits of £8m. ** In January 2003 we restructured FT Knowledge, selling its corporate training arm and integrating its remaining businesses within the FT and government solutions. Financial Times Group £ millions 2002 2002 half year full year Sales Financial Times 115 224 Other FT Publishing 55 105 Recoletos 74 148 IDC 126 249 Total 370 726 Operating profit / (loss) Financial Times (11) (23) Other FT Publishing 6 10 Recoletos 14 29 IDC 35 70 Associates and joint ventures (6) (6) Total 38 80 Ends For more information: Luke Swanson + 44 (0) 20 7010 2313 Note to editors: The 'as-reported' 2002 results for Pearson Education and the FT Group were: Pearson Education £ millions 2002 2002 half year full year Sales US School 394 892 US College 158 624 US Professional 232 645 International 242 549 Pearson Education 1,026 2,710 FT Knowledge 23 46 Total 1,049 2,756 Operating profit/(loss) Pearson Education 0 326 Financial Times Group £ millions 2002 2002 half year full year Sales Non-internet 347 678 Internet enterprises 23 48 Total 370 726 Operating profit / (loss) FT Newspaper 7 1 Other FT Publishing 7 13 Recoletos 14 29 Interactive Data Corporation 37 74 Associates and joint ventures (3) (3) Internet enterprises (24) (34) Total 38 80 This information is provided by RNS The company news service from the London Stock Exchange

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