11th Mar 2008 17:32
Reed Elsevier PLC11 March 2008 TR-1: Notifications of Major Interests in Shares Reed Elsevier PLC 1. Identity of the issuer or the underlying issuer ofexisting 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 acquisitionof shares already issued to which voting rights are attached An event changing the breakdown of voting rights Other (please specify): Baillie Gifford & Co 3. Full name of person(s) subject tonotification obligation: 4. Full name of shareholder(s) (ifdifferent from 3): 10 March 2008 5. Date of transaction (and date onwhich the threshold is crossed orreached if different): 11 March 2008 6. Date on which issuer notified: 5% 7. Threshold(s) that is/are crossed orreached: 8: Notified DetailsA: Voting rights attached to shares Class/type of Situation previous to the Resulting situation after the triggering transactionshares triggering transaction Number of Number of Number of Number of voting rights Percentage of votingIf possible use shares voting shares rightsISIN code rights Direct Indirect Direct Indirect Ordinary Share 52,197,894 Below 5% 52,352,292 52,352,292 5.00 GB00B2B0DG97 B: Financial Instruments Resulting situation after the triggering transaction Type of financial Expiration date Exercise/ conversion No. of voting rights Percentage of votinginstrument period/date that may be acquired rights (if the instrument exercised/converted) Total (A+B) Number of voting rights Percentage of voting rights 52,352,292 5.00 9. Chain of controlled undertakings through which the voting rights and /or the financial instruments are effectivelyheld, if applicable: In the narrative below, the figures in ( ) indicate the amount of voting rights and the percentage held by eachcontrolled undertaking where relevant. Baillie Gifford & Co, a discretionary investment manager, is the parent undertaking of an investment management group. Its wholly-owned subsidiary undertaking Baillie Gifford Overseas Limited (4327777; 0.4%) is also a discretionaryinvestment manager. Its wholly-owned direct subsidiary undertaking Baillie Gifford Overseas Limited (13118788; 1.3%) is a life assurancecompany which procures discretionary investment management services from Baillie Gifford & Co in respect of its ownaccount shareholdings. Its wholly-owned indirect (via Baillie Gifford Life Limited) subsidiary undertaking Baillie Gifford & Co Limited(1800593; 0.2%) is an OEIC Authorised Corporate Director and Unit Trust Manager which has delegated its discretionaryinvestment management role to Baillie Gifford & Co. Proxy Voting: 10. Name of proxy holder: N/A 11. Number of voting rights proxy holder will ceaseto hold:12. Date on which proxy holder will cease to holdvoting rights: 13. Additional information: 14 Contact name: Scott Russell Chris Hill15. Contact telephone name: 0131 275 2106 0131 275 2147 B: Identity of the notifier, if applicableFull name Marsha Watson, Secretarial Assistant, Reed Elsevier PLC Contact address 1-3 Strand London WC2N 5JRPhone number & email +44 (0) 207 930 7077 [email protected] This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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