New York, NY — March 19, 2009 — Scholastic Corporation (NASDAQ:SCHL) announced the following schedule and teleconference information for its fiscal third quarter 2009 earnings release:

• Earnings Release: Thursday, March 26, 2009 at about 7:00 AM (Eastern) by public distribution and on the Company’s website at investor.scholastic.com.
• Teleconference: Thursday, March 26, 2009 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 (888) 352-6809 or, for international calls, (719) 325-2108. 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 6049950. The recording will be available through Friday, April 24.

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
Media: Kyle Good 212-343-4563
Investor Relations: Jeffrey Mathews 212-343-6741