Corporate News

44 Governors' Spouses and Four U.S. Governors Sign on as "Reading Ambassadors" for 2015 Scholastic Summer Reading Challenge

CONTACT:

Sara Sinek
Scholastic
212-343-6899
ssinek@scholastic.com

Mike Barrett
Scholastic
212-343-6570
mbarrett@scholastic.com

Gubernatorial Spouses and Governors promote the importance of summer reading by hosting reading events in their states; Scholastic donates 500 books per state on their behalf

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Scholastic Completes Sale of Educational Technology and Services Business Segment

New York – May 29, 2015 – Scholastic Corporation (NASDAQ: SCHL), the global children’s publishing, education and media company, announced today it had completed the previously reported sale of its Educational Technology and Services business segment (“EdTech”) to Houghton Mifflin Harcourt Company (NASDAQ: HMHC), including the equity in International Center for Leadership in Education and Tom Snyder Productions, Inc., for $575 million in cash, subject to adjustment.

Scholastic to Sell Educational Technology Business to Houghton Mifflin Harcourt for $575 Million

To Focus on Global Core Children’s Books and
Supplemental Education Businesses

Asbury Park School District Invests in Literacy for All

Contact:

Chanta Jackson
Asbury Park School District
JacksonC@asburypark.k12.nj.us
732-776-2606x2475

Anne Sparkman
Scholastic Inc.
asparkman@scholastic.com
212-343-6657

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