Sweepstakes Prize Includes Free Roundtrip and Three Night Stay for two in London, Author Reading and Book Signing at Midnight

NEW YORK, May 23, 2007 -- Scholastic, the global children's publishing, education and media company, today announced that seven lucky U.S. Harry Potter fans will be selected in a sweepstakes to join J.K. Rowling at a midnight launch event for Harry Potter and the Deathly Hallows in London leading up to the book release at 12:01 a.m. on July 21, 2007. The Scholastic sweepstakes, open to fans under 21 years of age, includes a free roundtrip for two to London and three nights hotel stay.

The winners will attend "J.K. Rowling and the Moonlight Signing" at London's Natural History Museum and will join 1,700 fans who will have the opportunity to meet J.K. Rowling and have their book signed. They will also be among the lucky 500 fans who will be selected to attend a midnight reading with their favorite author. The Scholastic sweepstakes winners will be given a copy of the U.S. edition of the book.

To enter the sweepstakes* U.S. fans can print out and complete an entry form available at www.scholastic.com/harrypotter or print their name, home address and phone number on a piece of paper and mail the entry to:

Harry Potter and the Deathly Hallows Sweepstakes
Scholastic Inc.
557 Broadway
New York, NY 10012

Entries must be received by June 15, 2007. Seven lucky winners will be selected by a random drawing and winners will be notified on or about June 21, 2007 and flown to London, England by American Airlines. The Complete rules are attached and available on www.scholastic.com/harrypotter. (Please note that in order to win the sweepstakes, entrants must be under 21 years of age, and they and their accompanying adult must hold valid passports.)

Harry Potter and the Half-Blood Prince, J.K. Rowling's sixth Harry Potter book, was released on July 16, 2005, and was the fastest-selling book in history selling 6.9 copies in the first 24 hours. All six Harry Potter books, Harry Potter and the Sorcerer's Stone, Harry Potter and the Chamber of Secrets, Harry Potter and the Prisoner of Azkaban, Harry Potter and the Goblet of Fire, Harry Potter and the Order of the Phoenix, as well as Harry Potter and the Half-Blood Prince have been number one bestsellers in the United States, Britain, and around the world. Scholastic is printing an unprecedented 12 million copies of Harry Potter and the Deathly Hallows which will be release at 12:01 a.m. on July 21, 2007. The American editions of the Harry Potter books are published under Scholastic's Arthur A. Levine imprint.

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.

* NO PURCHASE NECESSARY. Entries must be received by June 15, 2007. Void where prohibited.