PEDH Peoples Educational Holdings, Inc. (MM)

Peoples Education (NASDAQ: PEDH), a leading provider of supplemental educational material for the K-12 school market, is pleased to announce the debut of Peoples Algebra 1, a new supplementary worktext that provides guided review and practice for essential Algebra 1 skills.

"Peoples Algebra 1 is perfect for use as year-round support for Algebra 1 courses, or as intervention for struggling students," commented Brian T. Beckwith, the company's president and CEO. "We are confident that these worktexts will help students master key Algebra 1 skills."

Each worktext lesson presents students with stepped-out problems and solutions to guide their understanding of mathematical skills or concepts, and includes multiple-choice and short response items to familiarize students with common item types.

"With Algebra 1 becoming a requirement in most schools and districts, there is a great need for high-quality supplementary materials," commented high school Math Curriculum Specialist Cindy Schimek. "This skills-based supplement provides the support our students need."

Additional cumulative review at the end of each lesson integrates all prior lesson skills, and two full pages of extended response practice appear at the end of every chapter to boost students' higher-order thinking. Pre- and post-test blackline masters are included free with the program to help teachers diagnose student needs and prescribe worktext lessons. Educators can review free sample lessons at www.PeoplesEducation.com.

About Peoples Education

Peoples Education is a publisher and marketer of print and electronic educational materials for the K-12 school market. The company focuses its efforts in three market areas:

Test Preparation, Assessment, and Instruction

Test Preparation and Assessment: The company creates and sells state-customized print and electronic test preparation and assessment materials that help teachers prepare students for success in school and for required state proficiency tests, grades 2-12.

Instruction: The company produces and sells proprietary state-customized print worktexts and print and Web-based delivered assessments, for grades 2-8. These products provide students with in-depth instruction and practice in reading, language arts, and mathematics. In addition, the company's backlist remedial and multicultural products are included in this group.

College Preparation

The company distributes instructional materials that meet the academic standards high schools require for honors, college preparation, and Advanced Placement courses. The company is the exclusive high school distributor for two major college publishers and also creates proprietary supplemental materials for this market. The company's proprietary products are supplemental in nature. They are predominantly soft cover, high gross profit margin titles that can be sold efficiently through the company's direct sales force, as well as through catalogs, direct mail, telemarketing, and independent commission sales representatives. Distributed products are both basal and supplemental in nature.

Brightpoint Literacy™ Formerly Nelson Education, Brightpoint Literacy™ is now an imprint of Peoples Education. Brightpoint Literacy™ serves the U.S. K-8 market with a comprehensive selection of research-based, cross-curricular material.

Contact: Ginny Tanaka Vice President of National Sales (201) 708-6468 Email Contact www.peopleseducation.com Peoples Education 299 Market Street Saddle Brook, NJ 07663