Fourth quarter operating results in line with prior year and guidance
Outlook for significant margin and free cash flow growth in Fiscal 2010br> Stimulus funds driving higher educational technology sales in first seven weeks of Fiscal 2010

NEW YORK, N.Y. — July 29, 2008 — WiggleWorks®, the technology-based early reading program from Scholastic Education used extensively in Pre-K-3 classrooms for 14 years, has been re-released with new content and powerful technology upgrades.