Holding(s) in Company

Reed Elsevier PLC
29 April 2002


LETTER TO RNS 

Disclosure of Interest in Voting Shares

I am writing to inform you that we have received today a notification dated 
April 24, 2002, in accordance with Part VI of the Companies Act 1985 
(as amended), that the interest of FMR Corp., and its subsidiary Fidelity 
International Limited, in the ordinary shares of Reed Elsevier PLC is 43,538,658 
shares, representing 3.44% of the Company's current issued share capital.
 
FROM L DIXON, DEPUTY COMPANY SECRETARY, REED ELSEVIER PLC



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