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FOR IMMEDIATE RELEASE

Scribd Signs eBook Deal with Top Global Publisher Wiley

Sterling Publishing, Chronicle Books, University of Chicago Press


Also Join More than 150 Publishing Companies Now on Scribd

SAN FRANCISCO – December 15, 2009 – Scribd, the world's largest social publishing
company with more than 50 million readers each month, has entered an agreement with top
global publisher John Wiley and Sons, Inc. to market and sell thousands of popular eBooks
through the Scribd Store, Scribd's e-commerce marketplace. Wiley titles will include the For
Dummies series, Frommer's travel guides and CliffsNotes study guides.

Scribd also recently signed agreements with Sterling Publishing, Chronicle Books and
University of Chicago Press. They join the more than 150 professional publishers that are
now selling in the Scribd Store. Sterling Publishing is a leading publisher of non-fiction
books and a subsidiary of Barnes & Noble. Its multiple imprints include Hearst Books, which
publishes popular brands Cosmopolitan, Esquire and Vogue.

In 2009 alone, the Scribd community uploaded and shared more than five million free and
for-purchase works, ranging from research papers to storyboards. Books accounted for one of
the fastest growing content categories; more than 200,000 books are published on Scribd
annually at the current rate. That number is expected to more than quadruple in 2010. By
comparison, the U.S. book industry published 275,232 books in 2008, or 3 percent less than
the previous year. (source: Bowker)

"We're thrilled to have Wiley, a venerable brand, and so many other publishers join the
Scribd community," said Trip Adler, CEO and co-founder of Scribd. "Our goal is to bring
content creators and readers together in the best and most convenient way possible while
giving professional publishers an additional revenue stream and control over how their
content is consumed on the web, mobile devices and other platforms."

Scribd launched its Scribd Store earlier this year to offer professional publishers and
independent writers and artists an option for selling their works. Scribd users include tens of
millions of avid readers and information-seekers, best-selling authors, media companies such
as The New York Times and The Huffington Post and publishing companies such as Simon
& Schuster, Random House, Workman Publishing Co., Harvard University Press and The
MIT Press.

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"Scribd's community of 50 million readers offers a built-in marketing machine for Wiley
books. At the same time, their aggressive copyright protection technology helps to ensure
that the community is sharing and discussing written works that do not infringe on the rights
of authors and copyright owners," said Peter Balis, Wiley's Director of Digital Content Sales.
"At Wiley, we also believe that consumers want choice about when, where and how to read
their books. Scribd is an important part of this strategy of choice."

The Scribd Store service allows publishers to set their own prices and offers them a generous
revenue share agreement that gives sellers 80 percent of revenue. All books and other written
material added to the Scribd Store are automatically added to Scribd's Copyright
Management System, an industry-leading technology and set of best practices designed to
prevent the upload of unauthorized content.

About Scribd, Inc.

Scribd is the world's largest social publishing company. Our goal is to allow content creators
to make their written works available at any time and on any device. Scribd is changing the
way people discover, share, interact with, and sell original writings and documents. Our
innovative document reader technology enables anyone to easily upload their writings --
including those saved as PDF, Word, PowerPoint and other document types -- and share
them on Scribd.com or embed them on another website. Scribd is a venture-backed company
based in San Francisco. For more information, please visit http://www.scribd.com.

About Wiley

Founded in 1807, John Wiley & Sons, Inc. has been a valued source of information and
understanding for 200 years, helping people around the world meet their needs and fulfill
their aspirations. Since 1901, Wiley and its acquired companies have published the works of
more than 400 Nobel laureates in all categories: Literature, Economics, Physiology or
Medicine, Physics, Chemistry and Peace.

Our core businesses publish scientific, technical, medical and scholarly journals,
encyclopedias, books, and online products and services; professional/trade books,
subscription products, training materials, and online applications and websites; and
educational materials for undergraduate and graduate students and lifelong learners. Wiley's
global headquarters are located in Hoboken, New Jersey, with operations in the U.S., Europe,
Asia, Canada, and Australia. The Company's Web site can be accessed at
http://www.wiley.com. The Company is listed on the New York Stock Exchange under the
symbols JWa and JWb.

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