Statement on media coverage regarding Penguin

October 25, 2012

Pearson notes recent media coverage regarding Penguin, its consumer publishing division, and Random House (part of Bertelsmann). Pearson confirms that it is discussing with Bertelsmann a possible combination of Penguin and Random House. The two companies have not reached agreement and there is no certainty that the discussions will lead to a transaction. A further announcement will be made if and when appropriate.

ENDS

For more information

Luke Swanson / Simon Mays-Smith / Charles Goldsmith +44 (0)207 010 2310