REED ELSEVIERDeposit Agreement • October 17th, 2003 • Reed Elsevier PLC • Miscellaneous publishing
Contract Type FiledOctober 17th, 2003 Company Industry
REED ELSEVIERDeposit Agreement • October 17th, 2003 • Elsevier Nv / • Miscellaneous publishing
Contract Type FiledOctober 17th, 2003 Company IndustryBy this letter, and pursuant to Section 5.04 of the Deposit Agreement dated as of April 15, 1991 and as amended from time to time (the "Deposit Agreement") among Reed Elsevier NV (formerly Elsevier NV and hereafter "Company"), Citibank ("Bank & Trust"), as Depositary, and the holders from time to time of American Depositary Receipts issued thereunder (the "Receipt"), the Company, hereby removes Citibank as Depositary under the Deposit Agreement and appoints The Bank of New York ("BNY") as successor Depositary thereunder. Capitalized terms used, but not defined, herein shall have the meanings ascribed to them in the Deposit Agreement. By execution of this letter by BNY in the space provided below, BNY accepts its appointment as successor Depositary under the Deposit Agreement, effective on or after October 20, 2003 (the "Succession Date"), and agrees to be bound by the terms of this letter and to perform its obligations set forth herein. BNY will notify you separately regarding the exac