Pearson plc together with Pearson Funding Five plc announced the indicative and non-binding results of the Company's invitation to eligible holders (subject to the offer restrictions) of the Company's outstanding €500,000,000 1.875 per cent. notes due 2021 guaranteed by the Guarantor (ISIN: XS1068765418) (the 2021 Notes) and €500,000,000 1.375 per cent. Notes due 2025 guaranteed by the Guarantor (ISIN: XS1228153661) (the 2025 Notes and, together with the 2021 Notes, the Notes) to tender their Notes for purchase by the Company for cash (the Offers and each an Offer). The Offers were announced on 18 January 2018 and were made on the terms and subject to the offer and distribution restrictions set out in the tender offer memorandum dated 18 January 2018 (the Tender Offer Memorandum).