EX-99.1 2 exhibit1.htm EX-99.1 Exhibit  EX-99.1
             
TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES        
1. Identity of the issuer or the underlying issuer
        
of existing shares to which voting rights are
        
attached:       Reed Elsevier Plc
         
2. Reason for the notification (please tick the appropriate box or boxes):
    
 
    
An acquisition or disposal of voting rights
       Yes
 
        
An acquisition or disposal of qualifying financial instruments which may result in
    
the acquisition of shares already issued to which voting rights are attached.
    
An acquisition or disposal of instruments with similar economic effect to qualifying
    
financial instruments
 
 
 
An event changing the breakdown of voting rights
        
 
        
Other (please specify):
 
 
 
3. Full name of person(s) subject to the
 
 
 
notification obligation:   Legal & General Group Plc (L&G)
     
4. Full name of shareholder(s)
 
 
 
(if different from 3.):   Legal & General Assurance (Pensions Management) Limited (PMC)
     
5. Date of the transaction and date on
which the threshold is crossed or
reached:
 

 

30 June 2011 		 


     
6. Date on which issuer notified:
      01 July 2011  
     
7. Threshold(s) that is/are crossed or
 
 
 
reached:   L&G (From 4% to 3%)    
     

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8. Notified details:
A: Voting rights attached to shares
 
Class/type of shares if possible using the ISIN CODE   Situation previous to the triggering transaction   Resulting situation after the triggering transaction
         
    Number of Shares   Number of Voting Rights   Number of shares   Number of voting rights   % of voting rights
                     
                Direct   Indirect   Direct   Indirect
                             
Ordinary
1451/116p		   52,351,154
(As on 08/11/2010)		   48,464,683   48,464,683       3.98%    
                         
 
B: Qualifying Financial Instruments
 
Resulting situation after the triggering transaction
 
Type of financial instrument
   Expiration
date		   Exercise/
Conversion Period		   Number of voting rights that may be acquired if the instrument is exercised/ converted.   % of voting rights
 
                
 
                
 
C: Financial Instruments with similar economic effect to Qualifying Financial Instruments
 
Resulting situation after the triggering transaction
 
Type of financial instrument
   Exercise price   Expiration date   Exercise/
Conversion period		   Number of voting rights instrument refers to   % of voting rights
 
                    
 
                   Nominal   Delta
 
                        
 
                        
 
Total (A+B+C)
 
Number of voting rights
   Percentage of voting rights
 
    
48,464,683
   3.98%
 
    

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9. Chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held, if applicable:
Legal & General Group Plc (Direct and Indirect) (Group) Legal & General Investment Management (Holdings) Limited (LGIMH) (Direct and Indirect) Legal & General Investment Management Limited (Indirect) (LGIM) Legal & General Group Plc (Direct) (L&G) ( 48,464,683 - 3.98%= LGAS, LGPL & PMC)Legal & General Investment Management (Holdings) Limited (Direct) (LGIMHD) ( 36,687,966 – 3.01%= PMC) Legal & General Insurance Holdings Limited (Direct) (LGIH) Legal & General Assurance (Pensions Management) Limited (PMC) ( 36,687,966 – 3.01%= PMC) Legal & General Assurance Society Limited (LGAS & LGPL) Legal & General Pensions Limited (Direct) (LGPL)
 
Proxy Voting:
 
10. Name of the proxy holder:
   N/A
 
    
11. Number of voting rights proxy holder will cease to hold:
   N/A
 
    
12. Date on which proxy holder will cease to hold voting rights:
   N/A
 
    
 
13. Additional information:   Notification using the total voting rights figure of 1,216,215,442 Paul Toon (LGIM) 020 3124 3854
     
14. Contact name:   Margaret Woods (Reed Elsevier)
     
15. Contact telephone number:   020 7903 7077
     

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