Peoples Educational Holdings, Inc. to Report Third Quarter and Nine-Month Year-to-Date,...

Peoples Educational Holdings, Inc. to Report Third Quarter and Nine-Month
Year-to-Date, Fiscal 2009 Results on April 8, 2009

SADDLE BROOK, N.J., March 24 /PRNewswire-FirstCall/ -- Peoples Educational
Holdings, Inc. (Nasdaq: PEDH) will announce financial results for the third
quarter and nine-month year-to-date ended February 28, 2009 on Wednesday April
8, 2009, after the market close. The Company will hold a conference call the
same day at 5:00 pm Eastern Time to discuss the results. Participating in the
call will be Brian Beckwith, President and Chief Executive Officer, and
Michael DeMarco, Executive Vice President and Chief Financial Officer.

Conference Call and Webcast Details:

Live Conference Call

Wednesday April 8, 2009 at 5:00 pm Eastern Time
US: 800-638-4930
International: 617-614-3944
Participant Passcode: 45840339

Live Audio Webcast:
http://phx.corporate-ir.net/playerlink.zhtml?c=184416&s=wm&e=2141046

Webcast Replay (available approximately two hours after conference call
ends through April 7, 2010)
http://phx.corporate-ir.net/playerlink.zhtml?c=184416&s=wm&e=2141046

Dial-in Audio Replay (available approximately two hours after conference
call ends through April 15, 2009)

Dial In: 888-286-8010
International: 617-801-6888
Passcode: 12210093

About Peoples Educational Holdings, Inc.

Peoples Educational Holdings, Inc. is a publisher and marketer of print and
electronic educational materials for the K-12 school market. The Company
focuses its efforts in two market areas:

Test Preparation, Assessment, and Instruction Product Group
-- Test Preparation and Assessment: We create and sell 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: We produce and sell proprietary state-customized print
worktexts and print and web-based delivered assessments, for Grades
1-8.
These products provide students with in-depth instruction and practice
in reading, language arts, and mathematics. In addition, our backlist
remedial and multicultural products are included in this group.

College Preparation Product Group
-- We distribute and publish instructional materials that meet the
required
academic standards for high schools honors, college preparation, and
Advanced Placement courses. We are the exclusive high school
distributor
for two major college publishers. We also publish our own proprietary
college preparation supplements and ancillary materials.

The Company's proprietary products are supplemental in nature. They are
predominately 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.

This press release contains forward-looking statements regarding the Company
and its markets as defined in section 21E of the Securities Exchange Act of
1934. These forward-looking statements involve a number of risks and
uncertainties, including (1) demand from major customers, (2) effects of
competition, (3) changes in product or customer mix or revenues and in the
level of operating expenses, (4) rapidly changing technologies and the
Company's ability to respond thereto, (5) the impact of competitive products
and pricing, (6) local and state levels of educational spending, (7) ability
to retain qualified personnel, (8) ability to retain its distribution
agreements in the College Preparation market, (9) the sufficiency of the
Company's copyright protection, and (10) ability to continue to rely on the
services of a third party warehouse, and other factors as discussed in the
Company's filings with the SEC. The actual results that the Company achieves
may differ materially from any forward-looking statements due to such risks
and uncertainties. The Company undertakes no obligation to revise any
forward-looking statements in order to reflect events or circumstances that
may arise after the date of this report. Readers are urged to carefully review
and consider the various disclosures made by the Company in this press release
and the reports the Company files with the Securities and Exchange Commission
that attempt to advise interested parties of the risks and factors that may
affect the Company's business and results of operations.

Contacts:
Brian T. Beckwith, President & CEO
Michael L. DeMarco, Executive Vice President, CFO
(201) 712-0090
investorrelations@peoplesed.com

SOURCE Peoples Educational Holdings, Inc.

Brian T. Beckwith, President & CEO, or Michael L. DeMarco, Executive Vice
President, CFO, both of Peoples Educational Holdings, Inc., +1-201-712-0090,
or investorrelations@peoplesed.com