Annual Report and Accounts 2010

Principal subsidiaries

The principal operating subsidiaries at 31 December 2010 are listed below. They operate mainly in the countries of incorporation or registration. The investments are in equity share capital and they are all 100% owned.

Pearson Education Country of incorporation or registration
Pearson Education Inc. US
Pearson Education Ltd England
Edexcel Ltd* England
NCS Pearson Inc. US
FT Group
The Financial Times Ltd England
Mergermarket Ltd England
The Penguin Group
Penguin Group (USA) Inc. US
The Penguin Publishing Co Ltd England
Dorling Kindersley Holdings Ltd* England

* Direct investment of Pearson plc.

The company has taken advantage of the exemption under Section 410(2) of the Companies Act 2006 by providing information only in relation to subsidiary undertakings whose results or financial position, in the opinion of the directors, principally affected the financial statements. A complete list of subsidiary and associated undertakings will be included in the next Pearson plc annual return filed with the Registrar of Companies.