February 23 – March 2, 2006 Edition

Harcourt Seeks

Buyer for School

Library Division

NEW YORK, NY/2/17/06—Harcourt Education is seeking a buyer for its its global elementary library operations. Up for sale are the Heinemann, Raintree and Heineman/Raintree Classroom divisions that serve the k-8 market. Harcourt will retain rights to the Heinemann name. Excluded from the sale are the educational and reference publisher Greenwood/Heinemann and Harcourt Education International in Oxford, England. The units to be sold are located in Chicago, Oxford and Melbourne, Australia.

In announcing plans to sell the units, Harcourt said it wants to keep focused on its education business and on the classroom and supplemental markets.

Heinemann-Raintree is a leading nonfiction-based publisher that has established a reputation for setting new standards of quality in compelling, curriculum-based educational materials for the PreK-Secondary library and classroom markets.

Heinemann Library is a leading PreK-Secondary nonfiction publisher of engaging, high-quality books featuring appropriate reading and content levels, as well as dynamic photos and graphics. All Heinemann Library books are designed to correlate to state and national educational standards to enrich, reinforce, and extend school collections.

Raintree is a PreK-Secondary nonfiction publisher. The product line includes an unsurpassed collection of reader accessible, curriculum-based books for students of all ages and reading levels, including HI-LO and Differentiated Text offerings. Subjects include science, history, multicultural studies, contemporary issues, history, geography, nature, and health.

Heinemann-Raintree Classroom provides a large selection of nonfiction paperback books to meet every school’s PreK-Secondary curriculum needs. Each Heinemann-Raintree Classroom book is written with an eye to key national curriculum standards.