Elsevier's Derk Haank to go to Springer

[Ann Okerson <ann.okerson@yale.edu>]

Of possible interest, in relation to the Springer sale.  Isn't the world 
an interesting place?  The Moderators

http://www.reedelsevier.co.uk/r-e/media/newsreleases/press2003/2003-06-18/

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Reed Elsevier Announces Board Change 

18 June 2003 

Reed Elsevier Group plc today announced that Mr Derk Haank is to resign
from Reed Elsevier with immediate effect. Mr Haank has been a director of
Reed Elsevier and chief executive of the group�s science and medical
division.

Mr Haank plans, in early 2004, to take up the post of chief executive of
Springer, the science and business publishing business acquired (subject
to regulatory approval) by Cinven and Candover, the European buyout
specialists.

Mr Crispin Davis, Chief Executive Officer of Reed Elsevier, commented: �We
are of course sorry to see Derk Haank leave the company. He has made a
major contribution to the development of the science and medical business
over the last five years, most recently in the successful integration of
the Harcourt acquisition.� He added: �The business is in very good shape,
has a strong management team, and should see another year of significant
outperformance of its markets. We will be taking steps to appoint a new
chief executive of the division.�


-ends-

For further information please contact:
Catherine May, Reed Elsevier, tel +44 (0) 20 7222 8420

Notes to editors

Reed Elsevier Group plc

Reed Elsevier Group plc is a world leading publisher and information
provider. It is owned equally by its two parent companies, Reed Elsevier
PLC and Reed Elsevier NV. The parent companies are listed on the London,
Amsterdam and New York Stock Exchanges, under the following ticker
symbols: London: REL; Amsterdam: REN; New York: RUK and ENL. In 2002, Reed
Elsevier made adjusted profit before taxation of �927 million (�1,474
million) on turnover of �5,020 million (�7,982 million). The group employs
36,000 people, including approximately 22,000 in North America. Operating
in the scientific, legal, educational and business-to-business sectors,
Reed Elsevier provides high value and flexible information solutions to
professional end users, with increasing emphasis on internet delivery.

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