SCHOLASTIC INC. OPENS ON-SITE HEALTH CARE FACILITIES FOR EMPLOYEES IN NEW YORK CITY AND JEFFERSON CITY, MO.


Centers to Promote Healthy Lifestyle and Cost Management

New York, NY (February 14, 2007) -- Scholastic, the global children’s publishing, education and media company, today announced that it is opening two on-site employee health care facilities in its Jefferson City, MO and New York City locations.  The Scholastic Wellness Centers are intended to provide convenient basic health care, improve the rate of early diagnosis resulting in more timely intervention and treatment, and provide coaching on healthier lifestyles to interested employees while effectively managing health care costs.  About 2,000 employees and their families in Missouri and 2,000 employees in New York City will have access to medical professionals at the sites.
 
“Many employees have expressed interest in knowing how they can take better care of their health, and the Wellness Centers will allow them to get practical information and help right on site,” said Chris Cunningham, Vice President, Compensation and Benefits for Scholastic.  “By making it easy for employees to seek prompt medical attention, we hope to help them catch small problems before they become big ones and reduce the cost of more expensive treatments that are required if problems go untreated.”
 
The two Wellness Centers will be managed by Whole Health Management Inc., an award-winning innovator in health care, delivering high quality on-site services to over six million patients at organizations nationwide.  Each Center will be staffed by a physician, a nurse practitioner and a medical assistant.  A registered nurse will also be on staff in Jefferson City.
 
The Wellness Centers are part of the company’s “Live Well” campaign, which also includes: employee health assessments; health coaching for employees who want support to lose weight, quit smoking, or just improve their overall health; condition management programs for chronic illnesses; access to fitness facilities; and a full range of medical benefits and employee assistance programs.
Mr. Cunningham added, “Based on early feedback from employees in Jefferson City and the strong turnout of New York City staffers for flu shots this fall, we can see that our employees are enthusiastic about using the services provided by the new Centers and that we are taking important steps toward improving the health of our workforce while managing costs.”
 
About Scholastic
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.

Contacts:
Scholastic
Kyle Good
212-343-4563