Transaction in Own Shares

Reed Elsevier PLC 31 August 2007 31 August 2007 ISSUED ON BEHALF OF REED ELSEVIER PLC AND REED ELSEVIER NV Transactions in own shares Reed Elsevier PLC announces that on 31 August 2007, it purchased 450,000 Reed Elsevier PLC ordinary shares at a price of 594.9322 pence per share. The purchased shares will be held as treasury shares. Following the above purchase, Reed Elsevier PLC holds 32,163,500 Reed Elsevier PLC ordinary shares in treasury, and has 1,271,841,173 Reed Elsevier PLC ordinary shares in issue (excluding treasury shares). Reed Elsevier NV announces that on 31 August 2007, it purchased 300,000 Reed Elsevier NV ordinary shares at a price of Euro13.173 per share. The purchased shares will be held as treasury shares. Following the above purchase, Reed Elsevier NV holds 23,891,500 Reed Elsevier NV ordinary shares in treasury, and has 735,613,994 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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