Scholastic Corporation (SCHL) President of Media and Clifford The Big Red Dog to Ring the NASDAQ Stock Market Opening Bell

Clifford Celebrates Valentine's Day At NASDAQ


ADVISORY, Feb. 13, 2007 (PRIME NEWSWIRE) --



 What:
 Deborah Forte, President of Scholastic Media, a division of Scholastic
 Corporation (Nasdaq:SCHL), the global children's publishing, education
 and media company, and Clifford The Big Red Dog(tm), the beloved literary
 icon and star of the top rated children's television series, will
 preside over the opening bell to celebrate Valentine's Day.

 Following NASDAQ, Clifford is spreading his BIG, RED HEART on
 Valentine's Day to children at St. Vincent's Hospital in Manhattan,
 where he will be delivering a giant Clifford Valentine's Day Card made
 by kids at The Scholastic Store. Clifford will also be donating books
 and videos to the children.

 Where:
 NASDAQ MarketSite - 4 Times Square - 43rd & Broadway - Broadcast Studio

 When:
 Wednesday, February 14th, 2007 at 9:30 a.m. EST

 Contacts:
 Sara Sinek
 Scholastic Corporation
 (212)343-6899
 ssinek@scholastic.com

 NASDAQ MarketSite:
 Jolene Libretto
 646.441.5220; Jolene.Libretto@nasdaq.com

Feed Information:

The opening bell is available from 9:20 a.m. to 9:35 a.m. on uplink IA-5 C-band/transponder 14. The downlink frequency is 3980 horizontal; audio: 6.2/6.8. The feed can also be found on Waterfront fiber 1623. If you have any questions, please contact Jolene Libretto at (646) 441-5220.

Photos:

To obtain a hi-resolution photograph of the Market Open, please go to http://www.nasdaq.com/reference/marketsite_events.stm and click on the market open of your choice.

About Scholastic Corporation (SCHL):

Scholastic Corporation (Nasdaq:SCHL) is the world's largest publisher and distributor of children's books and a leader in educational technology. Scholastic creates quality educational and entertaining materials and products for use in school and at home, including children's books, magazines, technology-based products, teacher materials, television programming, film, videos and toys. The Company distributes its products and services through a variety of channels, including proprietary school-based book clubs, school-based book fairs, and school-based and direct-to-home continuity programs; retail stores, schools, libraries and television networks; and the Company's Internet site, www.scholastic.com.


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