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Holding(s) in Company

13th Jul 2007 15:19

Reed Elsevier PLC13 July 2007 TR-1 NOTIFICATION OF MAJOR INTERESTS IN SHARES 1. Identity of the issuer or the underlying issuer of existing sharesto which voting rights are attachedii: Reed Elsevier PLC 2. Reason for the notification (please tick the appropriate box or boxes) An acquisition or disposal of voting rights An acquisition or disposal of financial instruments which may result inthe acquisition of shares already issued to which voting rights areattached An event changing the breakdown of voting rights Other (please specify): Initial holding notification X 3. Full name of person(s) subject to the notification obligation iii: Allianz SE 4. Full name of shareholder(s) (ifdifferent from 3.)iv: Allianz Global Investors Global Equity Business Unit 5. Date of the transaction (and dateon which the threshold is crossed orreached if different)v: 6. Date on which the issuer notified: 13 July 2007 7. Threshold(s) that is/are crossed or reached: 4% 8. Notified details: A: Voting rights attached to sharesClass/type of Situation previous to the Resulting situation after the triggering transaction viishares (If Triggering transaction vipossible using Number of Number of Number of shares Number of voting % of voting rightsthe ISIN CODE) shares voting rights ix rightsviii Direct Indirect Direct x Indirect xi Direct Indirect GB0007308355 336,000 336,000 43,341,160 0.03% 3.38% B: Financial InstrumentsResulting situation after the triggering transaction xiiType of financial Expiration datexiii Exercise/Conversion Number of voting rights % of voting rightsinstrument Period/Date xiv that may be acquired if the instrument is exercised/converted Total (A+B)Number of voting rights % of voting rights 43,677,160 3.41% 9. Chain of controlled undertakings through which the voting rights and/or thefinancial instruments are effectively held, if applicable xv: Allianz Global Investors Global Equity Business Unit is a wholly ownedsubsidiary of Allianz SE. Proxy Voting: 9. Name of the proxy holder: 10. Number of voting rights proxy holder will cease tohold: 11. Date on which proxy holder will cease to holdvoting rights: 12. Additional information: Allianz Global Investors Global Equity Business Unithold an indirect interes of 3.278% 13. Contact Name: Marsha Watson, Secretarial AssistantReed Elsevier PLC 14. Contact telephone number: 020 7166 5653 This information is provided by RNS The company news service from the London Stock Exchange

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