Holding(s) in Company

Reed Elsevier PLC 5 February 2004 To: RNS Disclosure of Interest in Voting Shares of Reed Elsevier PLC I am writing to inform you that we received today a notification dated 4 February 2004, in accordance with Part VI of the Companies Act 1985 (as amended), that the interest of The Capital Group Companies, Inc and its affiliates, in the ordinary shares of Reed Elsevier PLC is 64,427,335 shares, representing 5.07% of the Company's current issued share capital. From: L Dixon Deputy Secretary Reed Elsevier PLC This information is provided by RNS The company news service from the London Stock Exchange

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