NEW YORK — February 18, 2009 — Scholastic Corporation (NASDAQ: SCHL), the global children’s publishing, education and media company, announced today that it will participate in the 17th Annual Deutsche Bank Media & Telecommunications Conference being held in Palm Beach, Florida. Scholastic is scheduled to present at 10:55 AM Eastern Standard Time, on Wednesday, March 4, 2009. A link to the live webcast of the presentation will be available via the Company’s web site at http://investor.scholastic.com.