Pearson Confirms Shares Have Been Placed

Further to the announcement made earlier today, Pearson confirms that it has placed 11,500,000 ordinary shares at a price of £22 per share to raise approximately £250,000,000 after expenses to fund its existing and new internet related businesses.

The placing was effected through Cazenove & Co. and Goldman Sachs.

For further information

Pearson plc

 

John Makinson & John Fallon

 

+44 (0)20 7411 2000

 

Cazenove & Co.

 

David Mayhew & John Paynter

 

+44 (0)20 7588 2828

 

Goldman Sachs International

 

Andrew Learoyd & Chris Chapple

 

+44 (0)20 7744 1000