NEW YORK — February 11, 2008 — Scholastic Corporation (NASDAQ: SCHL), the global children’s publishing, education and media company, announced today that it will participate in the 11th Annual Credit Suisse Global Services Conference being held in Phoenix, Arizona. Scholastic is scheduled to present at 1:30 PM Mountain Standard Time, 3:30 PM Eastern Standard Time on Monday, February 23, 2008. A link to the live webcast of the presentation will be available via the Company’s web site at http://investor.scholastic.com.