Transaction in Own Shares

Reed Elsevier PLC 07 March 2007 7 March 2007 ISSUED ON BEHALF OF REED ELSEVIER PLC AND REED ELSEVIER NV Transactions in own shares Reed Elsevier PLC announces that on 7 March 2007, it purchased 300,000 Reed Elsevier PLC ordinary shares at a price of 590.3125 pence per share. The purchased shares will be held as treasury shares. Following the above purchase, Reed Elsevier PLC holds 22,428,500 Reed Elsevier PLC ordinary shares in treasury, and has 1,271,736,198 Reed Elsevier PLC ordinary shares in issue (excluding treasury shares). Reed Elsevier NV announces that on 7 March 2007, it purchased 200,000 Reed Elsevier NV ordinary shares at a price of Euro13.0699 per share. The purchased shares will be held as treasury shares. Following the above purchase, Reed Elsevier NV holds 14,596,500 Reed Elsevier NV ordinary shares in treasury, and has 738,797,712 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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