SCHOLASTIC MEDIA ANNOUNCES I SPY™ FUN HOUSE FOR THE NINTENDO DS™ NOW AVAILABLE IN STORES

Enter the topsy-turvy world of carnival fun in stores now!

NEW YORK - September 28, 2007- Scholastic Media (SM), a leading producer of quality, family-oriented media including feature films, home video, TV and interactive products, and a division of Scholastic Inc., today announced the latest installment in the popular "I SPY™" interactive franchise, I SPY Fun House is now available in retail outlets nationwide. Featuring the series' signature puzzle-based action, I SPY Funhouse takes full advantage of the unique capabilities of the Nintendo DS™ platform. Players must use the stylus and touch-screen to navigate through a topsy-turvy funhouse where nothing is what it seems. I SPY Fun House, rated "E" for Everyone by the ESRB and designed for players of all ages and skill levels, is now available for the retail price of $29.99.

Once players enter the Fun House, there's no turning back. Inside the Fun House, players discover six fascinating riddle screens with 18 challenging I SPY riddles and three games - titled Hoop Shot, Pop 'n' Drop and Listen Up!, which deliver fast-paced action utilizing Nintendo DS stylus-based game play and dual-screen compatibility. To escape the Fun House, players must earn 10 tickets by playing games and riddles and then complete one last challenge-the Prize Popper.

Alan Waldman, SVP and General Manager of Scholastic Media's Interactive Products Group commented: "We are thrilled to offer Nintendo DS players the challenging riddles and puzzles of the I SPY brand. With over 100 levels of play, dual-screen games and rich gaming environments, I SPY Fun House offers players fun and compelling entertainment."

About Scholastic Media
Scholastic Media (SM), the entertainment and media division of Scholastic, is a leading producer of quality, family-oriented content across multiple platforms, including feature films, television programming, videos, interactive and audio products, and web sites, and is a major developer and marketer of children's brands worldwide. Among SM's award-winning and top-rated productions are the animated series Clifford The Big Red Dog® (PBS KIDS®); the Emmy award-winning spin-off series Clifford's Puppy Days (PBS KIDS); I SPY (HBO Family); The Magic School Bus® (TLC); Goosebumps®; Animorphs®; Maya & Miguel (PBS KIDS GO!); and SM's newest series, WordGirl™, (PBS KID GO!). SM's critically-acclaimed feature films include Clifford's Really Big Movie, The Indian in the Cupboard, The Babysitters Club Movie, and The Mighty. SM also produced the forthcoming film The Golden Compass, based on the award-winning Philip Pullman trilogy His Dark Materials, for New Line Cinema. Scholastic is a co-creator of the new multi-platform qubo® network for children, which promotes literacy and positive values through entertainment. Provided by Scholastic, Dragon is the new pre-school series airing on qubo®. SM includes the highly successful Interactive Products Group, which publishes CD-ROMs, video games, digital downloads, electronic learning toys, and interactive DVDs that promote learning through play.

About Scholastic
Scholastic Corporation (NASDAQ: SCHL) is the world's largest publisher and distributor of children's books and a leader in educational technology. Scholastic creates quality educational and entertaining materials and products for use in school and at home, including children's books, magazines, technology-based products, teacher materials, television programming, film, videos and toys. The Company distributes its products and services through a variety of channels, including proprietary school-based book clubs, school-based book fairs, and school-based and direct-to-home continuity programs; retail stores, schools, libraries and television networks; and the Company's Internet site, www.scholastic.com.