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Steve Dowling President, Pearson School Companies

Steve Dowling President, Pearson School Companies. Goldman Sachs Educational Publishing Mini-Conference March 22, 2005. Our businesses. Pearson 2004 revenues $7.2bn. School 2004 revenues $2.1bn. FT 16%. US Publishing 46%. Penguin 21%. US Testing & Software 23%. School 30%.

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Steve Dowling President, Pearson School Companies

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  1. Steve DowlingPresident, Pearson School Companies Goldman SachsEducational Publishing Mini-ConferenceMarch 22, 2005

  2. Our businesses Pearson2004 revenues$7.2bn School 2004 revenues$2.1bn FT16% USPublishing46% Penguin21% US Testing& Software23% School30% Professional14% International31% Higher Ed19% Note: sterling revenue are translated into US dollars at the year end rate of £1 : $1.92

  3. Broad strength in K-12 • #1 in 2003 and 2004 new state adoption business • Broad supplemental business with print and technology • Leader in high-stakes state assessments • Technologies critical to improving student performance • Extensive service and support infrastructure for integrated learning solutions

  4. K-12 is a growth market • National priority — supported with steady and increasing funding legislation • Standards movement drives use of materials and assessment • State funding and adoption are favorable • Demand for “highly-qualified” teachers • Technology use in K-12 has reached the“tipping point” • Our products and services provide a safety net for student achievement and Adequate Yearly Progress

  5. Healthy adoption opportunities 2005-2007

  6. Integrated solutions to improve student performance • Accountability and alignment • Planning and implementation • Research and evaluation • Teacher professionaldevelopment • District professional services

  7. International educationEducation revenues outside the US Note: McGraw-Hill and Thomson show $ revenues for 2003 & 2004 respectively, as reported. Pearson and Reed show £ revenues translated into $ at year end rate of £1:$1.92.

  8. International Leadership • #1 in global English Language training • Leading school publisher in Hong Kong, South Africa, Canada, Singapore; local school publisher in 10 other countries • Leading school test publisher in UK; growing in Australia • Strong in Asia, largest ELT market • Leverage global resources

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