Insider Transactions

Date Filer Title Filing Type Shares Traded Price Total Held
May 24, 2004 Executive Vice President Form 4 Grant, award or other acquisition pursuant to Rule 16b-3(d) 50,000 -- 50,000
Jul 15, 2004 SVP and General Counsel Form 5 Other acquisition or disposition -- -- 8,219
Jul 15, 2004 SVP Human Resources Form 5 Other acquisition or disposition -- -- 5,048
Jul 15, 2004 SVP Human Resources Form 5 Other acquisition or disposition -- -- 344
Jul 15, 2004 President, e-Scholastic Form 5 Other acquisition or disposition -- -- 635
Jul 15, 2004 Corporate Controller Form 5 Other acquisition or disposition -- -- 2,705
Jul 15, 2004 Director, CEO, Chairman & President, Ten Percent Owner Form 5 Other acquisition or disposition -- -- 21,522
Jul 15, 2004 Director, CEO, Chairman & President, Ten Percent Owner Form 5 Other acquisition or disposition -- -- 5,157,674
Jul 15, 2004 Executive Vice President Form 5 Other acquisition or disposition -- -- 4,773
Jul 15, 2004 Executive Vice President Form 5 Other acquisition or disposition -- -- 4,500

* Represents the number of non-derivative securities directly held. (I) Indicates that some (or all) of these shares are held indirectly.

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