Dividend Timetable

Reed Elsevier PLC
31 January 2008



                               News Release

             Issued on behalf of Reed Elsevier PLC and Reed Elsevier NV

                                                                 31 January 2008





              REED ELSEVIER 2007 FINAL DIVIDEND PAYMENT TIMETABLE



The payment timetable for Reed Elsevier 2007 final dividends will be as follows:


REED ELSEVIER PLC
                                  Reed Elsevier PLC                Reed Elsevier PLC
                                  Ordinary shares                  ADRs
Proposal announced                21 February 2008                 21 February 2008
Declaration (at AGM*)             23 April 2008                    23 April 2008
Ex-dividend date                  30 April 2008                    30 April 2008
Record date                       2 May 2008                       2 May 2008
Payment date                      16 May 2008                      23 May 2008


REED ELSEVIER NV
                                  Reed Elsevier NV                 Reed Elsevier NV
                                  Ordinary shares                  ADRs
Proposal announced                21 February 2008                 21 February 2008
Declaration (at AGM*)             24 April 2008                    24 April 2008
Ex-dividend date                  28 April 2008                    28 April 2008
Record date                       30 April 2008                    30 April 2008
Payment date                      16 May 2008                      23 May 2008



*The Annual General Meetings of Reed Elsevier PLC and Reed Elsevier NV will be
held on Wednesday 23rd April and Thursday 24th April in London and Amsterdam
respectively.

                                    - Ends -

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