Scholastic Corporation (NASDAQ:SCHL) announced the following schedule and teleconference information for its fourth quarter and fiscal 2009 earnings release:

• Earnings Release: Thursday, July 23, 2009 at approximately 7:00 AM (Eastern) by public distribution and on the Company’s website at investor.scholastic.com.
   
• Conference Call: Thursday, July 23, 2009 at 8:30 AM (Eastern) hosted by Richard Robinson, Chairman, President and CEO; and MaureenO’Connell, Executive Vice President, CAO and CFO. To participate in the conference call, please dial (877) 719-9788 or, for international calls, (719) 325-4779. The simultaneous webcast will be in listen-only mode via the Company’s website at investor.scholastic.com.

• Archived Webcast and Audio Replay: The archived webcast and accompanying slides will be available on the Company’s website shortly after the completion of the live call. An audio only replay of the call will be available toll-free at (888) 203-1112 or, for international calls, at  (719)457-0820 and by entering access code 4922404. The recording will be available through Friday, September 4, 2009.

About Scholastic:
Scholastic Corporation (NASDAQ: SCHL) is the world’s largest publisher and
distributor of children’s books and a leader in educational technology and
children’s media. Scholastic creates quality educational and entertaining materials
and products for use in school and at home, including children's books,
magazines, technology-based products, teacher materials, television
programming, film, videos and toys. The Company distributes its products and
services through a variety of channels, including proprietary school-based book
clubs and school-based book fairs, retail stores, schools, libraries, television
networks and the Company’s Internet Site, www.scholastic.com.

Contact:
Scholastic Corporation
Investors:
Jeffrey Mathews 212-343-6741
Media:
Kyle Good 212-343-4563