New York, NY -- December 8, 2011 -- Scholastic Corporation (NASDAQ:SCHL) announced the following schedule and teleconference information for its second quarter fiscal year 2012 earnings release:

• Earnings Release: Thursday, December 15, 2011 at approximately 7:00 AM (Eastern) by public distribution and on the Company’s website at investor.scholastic.com.
• Conference Call: Thursday, December 15, 2011 at 8:30 AM (Eastern) hosted by Richard Robinson, Chairman, President and CEO; and Maureen O’Connell, Executive Vice President, CAO and CFO. To participate in the conference call, please dial (877) 654-5161 or, for international calls, (678) 894-3064. 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 (855) 859-2056 or, for international calls, at (404) 537-3406 and by entering access code 28788527. The recording will be available through Monday, January 31, 2012.

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 related services and children’s media. Scholastic creates quality books, print and technology-based learning materials and programs, magazines, multi-media and other products that help children learn both at school and at home. The Company distributes its products and services worldwide through a variety of channels, including school-based book clubs and book fairs, retail stores, schools, libraries, on-air, and online at www.scholastic.com.

Contact: Scholastic Corporation

Investors: Jeffrey Mathews
(212) 343-6741
investorrelations@scholastic.com

Media: Kyle Good
(212) 343-4563
kgood@scholastic.com