NEWS

Contact: Mark Slitt 210.339.5399

FOR RELEASE: Monday, June 2, 2003

THE PSYCHOLOGICAL CORPORATION’S AURELIO PRIFITERA WINS RECOGNITION FROM REED ELSEVIER

SAN ANTONIO – The Psychological Corporation announced today that its president, Aurelio Prifitera, has been recognized for his outstanding commitment to customer focus. Prifitera earned the recognition last month at a conference of senior management from various business units of Reed Elsevier Group plc, a world- leading publisher and information provider operating in the science and medical, legal, education and business-to-business industry sectors. The Psychological Corporation’s parent company, Harcourt Inc., is a Reed Elsevier company. Prifitera was singled out for an attention to customers that has stimulated a steady 10 to 15 percent year-over-year revenue growth in his business unit. “We are enormously proud that out of 35,000 Reed Elsevier employees worldwide, the company honored our very own Aurelio Prifitera for exemplifying the Reed Elsevier values,” said Jeff Galt, president and chief executive officer of Harcourt Assessment. The Psychological Corporation is a Harcourt Assessment company. At the conference, Reed Elsevier Chief Executive Officer Crispin Davis also recognized senior managers from other business units for their excellence in living and leading the company’s values. In addition to customer focus, the Reed Elsevier values are innovation, passion for winning, boundarylessness and valuing people.

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The Psychological Corporation’s Aurelio Prifitera Wins Recognition June 2, 2003 Page 2

Prifitera has been with The Psychological Corporation since 1985 and president since November 1999. Formerly a staff psychologist and faculty member at Northwestern University Medical Center, he also served as staff psychologist at Highland Hospital in Asheville, N.C., and adjunct faculty member at Duke University Medical School. Prifitera earned his doctorate in clinical psychology at Loyola University and also holds master’s degrees in psychology from the University of Chicago and the University of Illinois, as well as a master’s degree in business administration from Northwestern University’s Kellogg School of Management. Prifitera also holds a bachelor’s degree in psychology from Syracuse University. Based in San Antonio, The Psychological Corporation is respected worldwide for its technically superior assessment products. The company publishes the Wechsler® family of tests, including the Wechsler Intelligence Scale for Children® - Third Edition (WISC-III®) and the Wechsler Preschool and Primary Scale of Intelligence™ - Revised (WPPSI-R®), both of which are industry standards. As a Harcourt Assessment company, The Psychological Corporation is a unit of Harcourt, Inc., which is a global publishing and education company serving students and teachers from pre-kindergarten through grade 12, adult learners and readers of all ages.

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