Insider Transactions

Date Filer Title Filing Type Shares Traded Price Total Held
Sep 21, 2004 Director Form 4 Grant, award or other acquisition pursuant to Rule 16b-3(d) 6,000 -- 6,000
Sep 21, 2004 Director Form 4 Grant, award or other acquisition pursuant to Rule 16b-3(d) 6,000 -- 6,000
Sep 21, 2004 Director, CEO, Chairman & President, Ten Percent Owner Form 4 Grant, award or other acquisition pursuant to Rule 16b-3(d) 333,333 -- 333,333
Sep 21, 2004 Director, CEO, Chairman and President, Ten Percent Owner Form 4 Grant, award or other acquisition pursuant to Rule 16b-3(d) 333,000 -- 333,000
Sep 22, 2004 SVP Human Resources Form 4 Other acquisition or disposition -- -- 344
Sep 22, 2004 President, e-Scholastic Form 4 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 3,750 $27.46 3,750
Sep 22, 2004 President, e-Scholastic Form 4 Open market or private sale of non-derivative or derivative security 3,750 $29.70 --
Sep 22, 2004 President, e-Scholastic Form 4 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 3,750 -- 11,250
Sep 22, 2004 Executive Vice President Form 4 Other acquisition or disposition -- -- 4,773
Sep 24, 2004 President, e-Scholastic Form 4 Other acquisition or disposition -- -- 635

* 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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