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Harcourt Aquisition Finalized

MESSAGE TO RIGBY EMPLOYEES FROM STEVEN KORTE:

Today you will be receiving two communications regarding the Harcourt acquisition. (See below)  The first will be from Crispin Davis, CEO, Reed Elsevier, and the second that will follow will come from Tony Lucki, CEO Harcourt Education Group.

Please read each letter carefully as they will share important information about Education and Rigby, who remains a visible and dedicated division within Reed Elsevier's education portfolio, and will now join the Harcourt Education group of companies to form a dynamic new U.S. Schools Group for Reed Elsevier.

We will hold department meetings on Monday, July 16 where I will provide related information regarding the acquisition and answer questions. I will also plan to speak with our field based colleagues next week as well. I appreciate your patience until we are able to get together.

Crispin Davis Memo      Tony Lucki Memo

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