Scholastic Corporation (SCHL) CFO/CAO and President, Scholastic Media Along With Ms. Frizzle to Ring The NASDAQ Stock Market Closing Bell

ADVISORY, Oct. 14, 2011 (GLOBE NEWSWIRE) --

What:

Scholastic Corporation [SCHL], the global children's publishing, education and media company, will visit the NASDAQ MarketSite in New York City'sTimes Square to celebrate the 25^th Anniversary of The Magic School Bus®. To celebrate the occasion, The Magic School Bus's very own Ms. Frizzle will join Maureen O'Connell, Chief Financial Officer and Chief Administrative Officer for Scholastic, and Deborah Forte, EVP and President of Scholastic Media, a division of Scholastic, to officially ring The NASDAQ Stock Market Closing Bell.  

Where:

NASDAQ MarketSite — 4 Times Square — 43^rd & Broadway — Broadcast Studio

When:

Monday, October 17^th, 2011 — 3:45 p.m. to 4:00 p.m. ET

Contact:

Kyle Good
(212) 343-4563
kgood@scholastic.com

NASDAQ MarketSite:

Jen Knapp
(212) 401-8916
Jennifer.knapp@nasdaqomx.com

Feed Information:

The entire Closing Bell is available from 3:50 p.m. to 4:05 p.m. on AMC-3/C-3 (dl 3760H). The feed can also be found on Ascent fiber 1623. If you have any questions, please contact Jen Knapp (212) 401-8916.

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Webcast:

A live webcast of the NASDAQ Closing Bell will be available at:
http://www.nasdaq.com/about/marketsitetowervideo.asx or http://social.nasdaqomx.com.

Photos:

To obtain a hi-resolution photograph of the Market Close, please go to http://www.nasdaq.com/reference/marketsite_events.stm and click on the market close 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 and related services and children's media. Scholastic creates quality books, print and technology-based learning materials and programs, magazines, multi-media and other products that help children learn both at school and at home. The Company distributes its products and services worldwide through a variety of channels, including school-based book clubs and book fairs, retail stores, schools, libraries, on-air, and online at www.scholastic.com.

About The Magic School Bus:

Since Scholastic first introduced children around the world to the magical bus in 1986 with The Magic School Bus at the Waterworks, written by Joanna Cole and illustrated by Bruce Degen, the program has expanded to include 58 million books in print in ten languages and an Emmy ® Award-winning television series that has been sold to 39 countries in 16 languages. Each book takes students on a scientific adventure with wacky teacher Ms. Frizzle and combines factually accurate scientific lessons with humorous plot lines and beautiful illustrations. The anniversary year will see several new The Magic School Bus product launches, including THE MAGIC SCHOOL BUS: OCEANS for Nintendo DS and a new app for iPad. 'THE MAGIC SCHOOL BUS: LIVE! The Climate Challenge' live touring show will travel to 60 markets this Fall; the series currently airs on the Qubo channel here in the United States.

About NASDAQ OMX:

The NASDAQ OMX Group, Inc. is the world's largest exchange company. It delivers trading, exchange technology and public company services across six continents, with more than 3,500 listed companies. NASDAQ OMX offers multiple capital raising solutions to companies around the globe, including its U.S. listings market, NASDAQ OMX Nordic, NASDAQ OMX Baltic, NASDAQ OMX first North, and the U.S. 144A sector. The company offers trading across multiple asset classes including equities, derivatives, debt, commodities, structured products and exchange-traded funds. NASDAQ OMX technology supports the operations of over 70 exchanges, clearing organizations and central securities depositories in more than 50 countries. NASDAQ OMX Nordic and NASDAQ OMX Baltic are not legal entities but describe the common offering from NASDAQ OMX exchanges in Helsinki, Copenhagen, Stockholm, Iceland, Tallinn, Riga, and Vilnius. For more information about NASDAQ OMX, visit http://www.nasdaqomx.com. *Please follow NASDAQ OMX on Facebook (http://www.facebook.com/pages/NASDAQ-OMX/108167527653) and Twitter (http://www.twitter.com/nasdaqomx). 

NDAQA

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