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Press release from PR Newswire

Scholastic Corporation Announces Fourth Quarter Dividend

Wednesday, March 20, 2013

Scholastic Corporation Announces Fourth Quarter Dividend14:00 EDT Wednesday, March 20, 2013NEW YORK, March 20, 2013 /PRNewswire/ -- Scholastic Corporation (NASDAQ: SCHL) announced that its Board of Directors today declared a quarterly cash dividend of $0.125 per share on the Company's Class A and Common Stock for the fourth quarter of fiscal 2013.  The dividend is payable on June 17, 2013 to all shareholders of record as of the close of business on April 30, 2013. (Logo: http://photos.prnewswire.com/prnh/20100914/SIRLOGO )About Scholastic    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 and ebooks, 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.SOURCE Scholastic CorporationFor further information: Scholastic Corporation: Investors: Gil Dickoff, +1-212-343-6741, investorrelations@scholastic.com; Media: Kyle Good, +1-212-343-4563, kgood@scholastic.com