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Pearson Education's Family Education Network Returns to Its Roots

Name Change to Reflect Broad Scope of Web's Most Popular Teaching and Learning Destination

Upper Saddle River, NJ - August 19, 2002 - Pearson, the world's leading educational publisher, announced that its award-winning Learning Network will return to its roots as Family Education Network (FEN) to accurately reflect its broad range of learning resources for students, teachers, parents, and administrators.

With over 165 million unique visitors annually, Family Education Network is the single largest learning destination on the Web. FEN was created to provide a broad range of educational content, tools and meaningful support for teachers, as well as a wealth of age-appropriate learning tools and activities to motivate and encourage students from pre-kindergarten through 12^th grade. FEN also includes activities and ideas to more fully involve parents in their children's educational lives.

"The name 'Family Education Network' resonates with our core audience of teachers and parents," says Rubin Pfeffer, FEN's President. "Our name change affords us the best opportunity to build those relationships and increase their access to some of the best online teaching tools and resources out there on the Web."

With nearly 500,000 teacher visits every month, Family Education Network offers a special site called TeacherVision, created by educators to empower busy teachers with resources like easy-to-use lesson plans, customizable and ready-made quiz creation tools, classroom management support and an online teachers' forum. The site also brings together students, teachers, parents, and administrators through MySchoolOnline, the Web's largest community of local education sites and MyGradeBook, which lets teachers track, calculate, and report grades and attendance securely over the Internet.

Family Education Network offers parents advice, informative and interactive tools like message boards, newsletter center, ideas for weekend and summer fun for kids, movie reviews, home-schooling support, and safety information, as well as homework help and fundraising opportunities. The site garners two million parent visits monthly.

For students, Family Education Network maintains a wealth of reference and educational materials including InfoPlease, a dynamic source of facts, features, news, articles and statistical information updated daily. The award-winning FactMonster site - winner of last year's Webby Award for "Best Kids Site" - offers students homework help, fun facts, quizzes, games, news and other "cool stuff." Yet another award-winning FEN site, FunBrain, features educational games and quizzes, as well as more resources for parents and teachers. The site claims an estimated five million student visits each month.

FEN also features SchoolCash.com - used by nearly 20,000 schools nationwide - an online school fundraising site, where parents can earn cash rebates for their local schools by shopping at over 250 online retail stores.

About Family Education Network (FEN)

FEN (www.fen.com) is the Internet's largest PreK-12 and parent network dedicated to children's learning. FEN brings together leading organizations from both the public and private sectors to help parents, teachers, schools, and community organizations use online tools and other media resources to positively affect our children's education and overall development.

About Pearson Education

Educating 100 million people worldwide, Pearson Education is the global leader in integrated education publishing. With such renowned brands as Prentice Hall, Longman, Scott Foresman, Addison Wesley, NCS Pearson, and many others, Pearson Education provides quality content, assessment tools and educational services in all available media to a worldwide marketplace, spanning the learning curve from birth through college and beyond.

Pearson Education is also the global leader in online learning with nearly 2,000 textbook companion Web sites, the InformIT website for technology professionals, and Family Education Network, the award-winning online resource for parents, teachers, and children. For more information, visit www.pearsoned.com.

Pearson Education is part of Pearson (NYSE: PSO), the international media company. In addition to Pearson Education, Pearson's primary operations include Financial Times Group and the Penguin Group.