Holding(s) in Company

Reed Elsevier PLC
09 May 2007


TR-1: Notifications of Major Interests in Shares




1. Identity of the issuer or the underlying issuer of         Reed Elsevier PLC
existing shares to which voting rights are attached:


2. Reason for notification (yes/no)


An acquisition or disposal of voting rights                                             Yes


An acquisition or disposal of financial instruments which may result in the acquisition
of shares already issued to which voting rights are attached


An event changing the breakdown of voting rights


Other (please specify):______________


3. Full name of person(s) subject to notification    Fidelity International Limited (FIL)
obligation:


4. Full name of shareholder(s) (if different from    See attached schedule
3):


5. Date of transaction (and date on which the        4 May 2007
threshold is crossed or reached if different):


6. Date on which issuer notified:                    9 May 2007


7. Threshold(s) that is/are crossed or reached:      5%





8: Notified Details
A: Voting rights attached to shares


Class/type of       Situation previous to the   Resulting situation after the triggering transaction
shares              triggering transaction
                    Number of     Number of     Number of   Number of voting rights Percentage of voting
If possible use     shares        voting rights shares                              rights
ISIN code


                                  62,235,229

                    62,235,229
                                                            Direct    Indirect      Direct    Indirect

ISIN                                                                  64,459,729              5.05%

GB0007308355


B: Financial Instruments


Resulting situation after the triggering transaction


Type of financial    Expiration date      Exercise/ conversion No. of voting rights  Percentage of voting
instrument                                period/date          that may be acquired  rights
                                                               (if the instrument
                                                               exercised/converted)







Total (A+B)


Number of voting rights                              Percentage of voting rights
                     64,459,729                                             5.05%





9. Chain of controlled undertakings through which the voting rights and /or the financial instruments are effectively
held, if applicable:
See attached schedule


Proxy Voting:


10. Name of proxy holder:                            Fidelity International Limited (FIL)


11. Number of voting rights proxy holder will cease  2,224,500
to hold:


12. Date on which proxy holder will cease to hold    4 May 2007
voting rights:




13. Additional information:


14 Contact name:                                      Margaret Woods, Assistant Secretary,

                                                      Reed Elsevier PLC
15. Contact telephone name:                           020 7166 5613







FIL ATTACHMENT

Issuer name:                    REED ELSEVIER PLC

Current ownership percentage:   5.05%

Total shares held:              64,459,729

Issued share capital:           1,275,120,435

                                SHARES HELD      NOMINEE                                   MANAGEMENT
                                                                                            COMPANY

                                66,700           STATE STREET HONG KONG                 FIA(K)L
                                169,000          STATE STR BK AND TR CO LNDN (S         FPM
                                76,500           STATE STR BK AND TR CO LNDN (S         FIL
                                2,140,000        NORTHERN TRUST LONDON                  FPM
                                284,600          NORTHERN TRUST LONDON                  FIL
                                122,100          NORTHERN TRUST CO                      FIL
                                31,200           NORDDEUTSCHE LANDERSBANK               FIL
                                106,100          NOMURA TRUST AND BANKING               FIJ
                                253,700          MELLON BANK                            FPM
                                204,200          MASTER TRUST BANK OF JAPAN             FIJ
                                461,900          JPMORGAN BOURNEMOUTH                   FIL
                                1,911,705        JP MORGAN, BOURNEMOUTH                 FPM
                                30,958,840       JP MORGAN, BOURNEMOUTH                 FISL
                                18,695,464       JP MORGAN, BOURNEMOUTH                 FIL
                                2,920,684        JP MORGAN, BOURNEMOUTH                 FII
                                434,800          HSBC BANK PLC                          FPM
                                19,900           DEXIA PRIVATBANL                       FPM
                                38,100           CHASE MANHTTN BK AG FRNKFRT (S         FPM
                                4,500            CDC FINANCE                            FIGEST
                                168,400          BROWN BROTHERS HARRIMAN AND CO         FIL
                                63,830           BROWN BROTHERS HARRIMAN AND CO         FIJ
                                280,930          BROWN BROS HARRIMN LTD LUX             FIL
                                280,300          BNP PARIBAS, PARIS (C)                 FIL
                                577,507          BERMUDA TRUST FAR EAST HK              FIM HK
                                3,585,700        BANK OF NEW YORK EUROPE LDN            FII
                                623,069          BANK OF NEW YORK BRUSSELS              FPM



Fidelity International Limited (FIL) is the parent holding company for various
direct and indirect subsidiaries, including Fidelity Fund Management Limited
(FFML), Fidelity Investment Services Ltd (FISL), Fidelity Gestion (FIGEST),
Fidelity Investments Advisory (Korea) Limited (FIAKL), Fidelity Investments
Management (Hong Kong) Limited,(FIMHK), Fidelity Pension Management (FPM),
Fidelity Investments Japan (FIJ) and Fidelity Investments International (FII),
investment managers for various non-US investment companies and institutional
clients.




                      This information is provided by RNS
            The company news service from the London Stock Exchange