Transaction in Own Shares

Reed Elsevier PLC 16 August 2007 16 August 2007 ISSUED ON BEHALF OF REED ELSEVIER PLC AND REED ELSEVIER NV Transactions in own shares Reed Elsevier PLC announces that on 16 August 2007, it purchased 800,000 Reed Elsevier PLC ordinary shares at a price of 580.4121 pence per share. The purchased shares will be held as treasury shares. Following the above purchase, Reed Elsevier PLC holds 26,888,500 Reed Elsevier PLC ordinary shares in treasury, and has 1,277,085,062 Reed Elsevier PLC ordinary shares in issue (excluding treasury shares). Reed Elsevier NV announces that on 16 August 2007, it purchased 800,000 Reed Elsevier NV ordinary shares at a price of Euro12.6449 per share. The purchased shares will be held as treasury shares. Following the above purchase, Reed Elsevier NV holds 19,216,500 Reed Elsevier NV ordinary shares in treasury, and has 740,274,453 Reed Elsevier NV ordinary shares in issue (excluding treasury shares). This information is provided by RNS The company news service from the London Stock Exchange

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