Holding(s) in Company

Reed Elsevier PLC
28 May 2002


Letter to: RNS

Disclosure of Interest in Voting Shares

I am writing to inform you that we received yesterday a notification dated
24 May 2002, in accordance with Part VI of the Companies Act 1985 (as amended),
that Barclays PLC, and its subsidiary companies, no longer have a notifiable
interest in the issued share capital of the Company.

Letter from: L Dixon, Deputy Secretary, Reed Elsevier PLC



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