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

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

New York, NY — July12, 2012 — Scholastic Corporation (NASDAQ:SCHL) announced the following schedule and teleconference information for its fourthquarter fiscal year 2012 earnings release:

• Earnings Release: Thursday, July19, 2012 at approximately7:00 AM (Eastern) by public distribution and on the Company’s website at investor.scholastic.com.
• Conference Call: Thursday, July 19, 2012at 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) 654-5161or, 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. In addition, an audio-only replay of the call will be available through Thursday, July 26, 2012 by dialing (800) 585-8367or, for international calls, at (404) 537-3406and by entering access code 89368505.

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