----

----

----

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| x | QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 |
|---|-----------------------------------------------------------------------------------------|

| o | TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 |
|---|------------------------------------------------------------------------------------------|

| Delaware                                                                        | 73-0750007                           |
|---------------------------------------------------------------------------------|--------------------------------------|
| (State or other jurisdiction of incorporation or organization)   | (I.R.S. Employer Identification No.) |
|                                                                            |                                 |
| 10302 East 55th Place, Tulsa, Oklahoma                                          | 74146-6515                           |
| (Address of principal executive offices)                                        | (Zip Code)                           |

| Large accelerated filer o                                                        | Accelerated filer o               |
|---------------------------------------------------------------------------------------|-----------------------------------|
| Non-accelerated filer o  (Do not check if a smaller reporting company) | Smaller reporting company x  |

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TABLE 

|                          |                                                                                  | Page   |
|-------------------------------|---------------------------------------------------------------------------------------|--------|
| PART I. FINANCIAL INFORMATION |                                                                                  |
| Item 1.                       | Financial Statements                                                                  | 3      |
| Item 2.                       | Management's Discussion and Analysis of Financial Condition and Results of Operations | 11     |
| Item 3.                       | Quantitative and Qualitative Disclosures About Market Risk                            | 16     |
| Item 4.                       | Control and Procedures                                                                | 16     |
|                          |                                                                                  |   |
| PART II.OTHER INFORMATION     |                                                                                  |
| Item 1.                       | Legal Proceedings                                                                     | 17     |
| Item 1A                       | Risk Factors                                                                          | 17     |
| Item 2.                       | Unregistered Sales of Equity Securities and Use of Proceeds                           | 17     |
| Item 3.                       | Defaults Upon Senior Securities                                                       | 18     |
| Item 4.                       | Submission of Matters to a Vote of Security Holders                                   | 18     |
| Item 5.                       | Other Information                                                                     | 18     |
| Item 6.                       | Exhibits                                                                              | 18     |
| Signatures                    | 19                                                                                    |

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ITEM

| ASSETS                                                                                                                                                                                         |   | May 31, 2011 |        |   | February 28, 2011 |   |
|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|--------------|-------------|--------|-------------------|--------|
|                                                                                                                                                                                           |   |         |        |   |              |   |
| CURRENT ASSETS:                                                                                                                                                                                |   |         |        |   |              |   |
|   Cash and cash equivalents                                                                                                                                                          |   | $            | 1,843,900   |   |              | $      | 1,988,200 |   |
|     Accounts receivable, less allowance for doubtful accounts and      sales returns $571,000 (May 31) and  $562,800 (February 28) |   |         | 3,291,400   |   |              |   | 3,076,300 |   |
|   Inventories—Net                                                                                                                                                              |   |         | 10,023,200  |   |              |   | 10,010,100 |   |
|   Prepaid expenses and other assets                                                                                                                                                  |   |         | 301,900     |   |              |   | 315,500 |   |
|   Deferred income taxes                                                                                                                                                              |   |         | 367,100     |   |              |   | 367,700 |   |
|              Total current assets                                                                                             |   |         | 15,827,500  |   |              |   | 15,757,800 |   |
|                                                                                                                                                                                           |   |         |        |   |              |   |   |   |
| INVENTORIES—Net                                                                                                                                                                          |   |         | 492,000     |   |              |   | 593,000 |   |
|                                                                                                                                                                                           |   |         |        |   |              |   |   |   |
| PROPERTY, PLANT AND EQUIPMENT—Net                                                                                                                                                        |   |         | 2,013,300   |   |              |   | 2,042,400 |   |
|                                                                                                                                                                                           |   |         |        |   |              |   |   |   |
| OTHER ASSETS                                                                                                                                                                                   |   |         | 256,500     |   |              |   | 256,500 |   |
| DEFERRED INCOME TAXES                                                                                                                                                                          |   |         | 55,100      |   |              |   | 55,300 |   |
|                                                                                                                                                                                           |   |         |        |   |              |   |   |   |
| TOTAL ASSETS                                                                                                                                                                                   |   | $            | 18,644,400  |   |              | $      | 18,705,000 |   |
|                                                                                                                                                                                           |   |         |        |   |              |   |   |   |
| LIABILITIES AND SHAREHOLDERS’ EQUITY                                                                                                                                                     |   |         |        |   |              |   |   |   |
|                                                                                                                                                                                           |   |         |        |   |              |   |   |   |
| CURRENT LIABILITIES:                                                                                                                                                                           |   |         |        |   |              |   |   |   |
|   Accounts payable                                                                                                                                                                   |   | $            | 2,593,100   |   |              | $      | 2,407,900 |   |
|   Accrued salaries and commissions                                                                                                                                                   |   |         | 481,400     |   |              |   | 398,700 |   |
|   Current maturities of long-term debt                                                                                                                                               |   |         | 75,000      |   |              |   | 75,000 |   |
|   Income taxes payable                                                                                                                                                               |   |         | 122,500     |   |              |   | 23,800 |   |
|   Dividends payable                                                                                                                                                                  |   |         | 466,700     |   |              |   | 468,700 |   |
|   Other current liabilities                                                                                                                                                          |   |         | 516,300     |   |              |   | 672,400 |   |
|              Total current liabilities                                                                                        |   |         | 4,255,000   |   |              |   | 4,046,500 |   |
|                                                                                                                                                                                           |   |         |        |   |              |   |   |   |
| COMMITMENTS                                                                                                                                                                                    |   |         |        |   |              |   |   |   |
|                                                                                                                                                                                           |   |         |        |   |              |   |   |   |
| SHAREHOLDERS’ EQUITY:                                                                                                                                                                    |   |         |        |   |              |   |   |   |
| Common stock, $0.20 par value; Authorized 8,000,000 shares; Issued 6,041,040 (May 31 and February 28) shares; Outstanding 3,889,073 (May 31) and 3,905,898 (February 28) shares                |   |         | 1,208,200   |   |              |   | 1,208,200 |   |
| Capital in excess of par value                                                                                                                                                                 |   |         | 8,548,000   |   |              |   | 8,548,000 |   |
| Retained earnings                                                                                                                                                                              |   |         | 16,408,600  |   |              |   | 16,575,100 |   |
|                                                                                                                                                                                           |   |         | 26,164,800  |   |              |   | 26,331,300 |   |
| Less treasury stock, at cost                                                                                                                                                                   |   |         | (11,775,400 | )      |              |   | (11,672,800 | ) |
|                                                                                                                                                                                           |   |         | 14,389,400  |   |              |   | 14,658,500 |   |
| TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY                                                                                                                                               |   | $            | 18,644,400  |   |              | $      | 18,705,000 |   |

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|                                                                           |   | Three Months Ended May 31, |       |
|--------------------------------------------------------------------------------|--------|----------------------------|------------|
|                                                                           |   | 2011                       |       |   | 2010 |   |
|                                                                           |   |                       |       |   |   |   |
| GROSS SALES                                                                    |   | $                          | 9,303,900  |   |   | $ | 8,776,000 |   |
|   Less discounts and allowances                                      |   |                       | (3,265,300 | ) |   |   | (2,744,400 | ) |
|   Transportation revenue                                             |   |                       | 225,800    |   |   |   | 263,800 |   |
| NET REVENUES                                                                   |   |                       | 6,264,400  |   |   |   | 6,295,400 |   |
| COST OF SALES                                                                  |   |                       | 2,440,400  |   |   |   | 2,321,200 |   |
|            Gross margin |   |                       | 3,824,000  |   |   |   | 3,974,200 |   |
|                                                                           |   |                       |       |   |   |   |   |   |
| OPERATING EXPENSES:                                                            |   |                       |       |   |   |   |   |   |
|   Operating and selling                                              |   |                       | 1,645,800  |   |   |   | 1,707,500 |   |
|   Sales commissions                                                  |   |                       | 1,224,500  |   |   |   | 1,304,500 |   |
|   General and administrative                                         |   |                       | 478,400    |   |   |   | 477,600 |   |
|   Casualty loss                                                      |   |                       | -          |   |   |   | 188,500 |   |
|                                                                           |   |                       | 3,348,700  |   |   |   | 3,678,100 |   |
|                                                                           |   |                       |       |   |   |   |   |   |
| OTHER INCOME                                                                   |   |                       | 5,400      |   |   |   | 4,200 |   |
|                                                                           |   |                       |       |   |   |   |   |   |
| EARNINGS BEFORE INCOME TAXES                                                   |   |                       | 480,700    |   |   |   | 300,300 |   |
|                                                                           |   |                       |       |   |   |   |   |   |
| INCOME TAXES                                                                   |   |                       | 180,500    |   |   |   | 112,100 |   |
|                                                                           |   |                       |       |   |   |   |   |   |
| NET EARNINGS                                                                   |   | $                          | 300,200    |   |   | $ | 188,200 |   |
|                                                                           |   |                       |       |   |   |   |   |   |
|                                                                           |   |                       |       |   |   |   |   |   |
| BASIC AND DILUTED EARNINGS PER SHARE:                                     |   |                       |       |   |   |   |   |   |
|   Basic                                                              |   | $                          | 0.08       |   |   | $ | 0.05 |   |
|   Diluted                                                            |   | $                          | 0.08       |   |   | $ | 0.05 |   |
|                                                                           |   |                       |       |   |   |
| WEIGHTED AVERAGE NUMBER OF COMMON AND EQUIVALENT SHARES OUTSTANDING:           |   |                       |       |   |   |   |   |   |
|   Basic                                                              |   |                       | 3,897,129  |   |   |   | 3,876,603 |   |
|   Diluted                                                            |   |                       | 3,899,026  |   |   |   | 3,880,131 |   |

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|                                        |   | Common Stock                |      |   |   |   |      |       |   |   |      |   |   |           |       |   |   |   |
|---------------------------------------------|--------|-----------------------------|-----------|--------|--------|--------|-----------|------------|--------|--------|-----------|--------|--------|----------------|------------|--------|--------|--------|
|                                        |   | (par value $0.20 per share) |      |   |   |   |      |       |   |   |      |   |   |           |       |   |   |   |
|                                        |   | Number of                   |      |   |   |   |      | Capital in |   |   |      |   |   | Treasury Stock |       |   |   |   |
|                                        |   | Shares                      |      |   |   |   |      | Excess of  |   |   | Retained  |   |   | Number of      |       |   |   |   |   | Shareholders’ |   |
|                                        |   | Issued                      |      |   | Amount |   |      | Par Value  |   |   | Earnings  |   |   | Shares         |       |   | Amount |   |   | Equity |   |
|                                        |   |                        |      |   |   |   |      |       |   |   |      |   |   |           |       |   |   |   |   |   |   |
|                                        |   |                        |      |   |   |   |      |       |   |   |      |   |   |           |       |   |   |   |   |   |   |
| BALANCE—March 1, 2011                 |   |                        | 6,041,040 |   |   | $      | 1,208,200 |       |   | $      | 8,548,000 |   |   | $              | 16,575,100 |   |   |   | 2,135,141 |   |   | $ | (11,672,800 | ) |   | $ | 14,658,500 |   |
|   Purchases of treasury stock     |   |                        | -         |   |   |   | -         |       |   |   | -         |   |   |           | -          |   |   |   | 25,417 |   |   |   | (154,200 | ) |   |   | (154,200 | ) |
|   Sales of treasury stock         |   |                        | -         |   |   |   | -         |       |   |   | -         |   |   |           | -          |   |   |   | (8,591 | ) |   |   | 51,600 |   |   |   | 51,600 |   |
|   Dividends declared ($.12/share) |   |                        | -         |   |   |   | -         |       |   |   | -         |   |   |           | (466,700   | )      |   |   | - |   |   |   | - |   |   |   | (466,700 | ) |
|   Net earnings                    |   |                        | -         |   |   |   | -         |       |   |   | -         |   |   |           | 300,200    |   |   |   | - |   |   |   | - |   |   |   | 300,200 |   |
| BALANCE—May 31, 2011                  |   |                        | 6,041,040 |   |   | $      | 1,208,200 |       |   | $      | 8,548,000 |   |   | $              | 16,408,600 |   |   |   | 2,151,967 |   |   | $ | (11,775,400 | ) |   | $ | 14,389,400 |   |

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|                                                                                                                |   | 2011   |      |   | 2010   |   |
|---------------------------------------------------------------------------------------------------------------------|--------|--------|-----------|--------|--------|--------|
|                                                                                                                |   |   |      |   |   |   |
| CASH FLOWS FROM OPERATING ACTIVITIES:                                                                               |   | $      | 427,000   |   |   | $      | 560,700 |   |
|                                                                                                                |   |   |      |   |   |   |   |   |
| CASH FLOWS FROM INVESTING ACTIVITIES:                                                                               |   |   | -         |   |   |   | - |   |
|                                                                                                                |   |   |      |   |   |   |   |   |
| CASH FLOWS FROM FINANCING ACTIVITIES:                                                                               |   |   |      |   |   |   |   |   |
|   Cash paid to acquire treasury stock                                                                     |   |   | (154,200  | )      |   |   | (165,200 | ) |
|   Cash received from sales of treasury stock                                                              |   |   | 51,600    |   |   |   | 56,900 |   |
|   Dividends paid                                                                                          |   |   | (468,700  | )      |   |   | (466,400 | ) |
|                                                                                                                |   |   |      |   |   |   |   |   |
|              Net cash used in financing activities |   |   | (571,300  | )      |   |   | (574,700 | ) |
|                                                                                                                |   |   |      |   |   |   |   |   |
| NET DECREASE IN CASH AND CASH EQUIVALENTS                                                                           |   |   | (144,300  | )      |   |   | (14,000 | ) |
|                                                                                                                |   |   |      |   |   |   |   |   |
| CASH AND CASH EQUIVALENTS—BEGINNING OF PERIOD                                                                 |   |   | 1,988,200 |   |   |   | 1,196,900 |   |
|                                                                                                                |   |   |      |   |   |   |   |   |
| CASH AND CASH EQUIVALENTS—END OF PERIOD                                                                       |   | $      | 1,843,900 |   |   | $      | 1,182,900 |   |
|                                                                                                                |   |   |      |   |   |   |   |   |
| SUPPLEMENTAL DISCLOSURE OF CASH  FLOW INFORMATION:                                                        |   |   |      |   |   |   |   |   |
|   Cash paid for income taxes                                                                              |   | $      | 81,000    |   |   | $      | - |   |

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|                                      |   | 2011    |       |
|-------------------------------------------|--------|---------|------------|
|                                      |   | May 31, |       |   | February 28, |   |
| Current:                                  |   |    |       |   |   |   |
|   Book inventory                |   | $       | 10,045,400 |   |   | $ | 10,030,800 |   |
|   Inventory valuation allowance |   |    | (22,200    | ) |   |   | (20,700 | ) |
|                                      |   |    |       |   |   |   |   |   |
| Inventories net–current             |   | $       | 10,023,200 |   |   | $ | 10,010,100 |   |
|                                      |   |    |       |   |   |   |   |   |
| Noncurrent:                               |   |    |       |   |   |   |   |   |
|   Book inventory                |   | $       | 807,000    |   |   | $ | 903,000 |   |
|   Inventory valuation allowance |   |    | (315,000   | ) |   |   | (310,000 | ) |
|                                      |   |    |       |   |   |   |   |   |
| Inventories net–noncurrent          |   | $       | 492,000    |   |   | $ | 593,000 |   |

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| Earnings Per Share:                                        |   |                       |      |   |   |   |
|------------------------------------------------------------|--------|----------------------------|-----------|--------|--------|--------|
|                                                       |   | Three Months Ended May 31, |      |
|                                                       |   | 2011                       |      |   | 2011   |   |
|                                                       |   |                       |      |   |   |   |
|   Net earnings applicable to common shareholders |   | $                          | 300,200   |   |   | $      | 188,200 |   |
|                                                       |   |                       |      |   |   |   |   |   |
| Shares:                                                    |   |                       |      |   |   |   |   |   |
|                                                       |   |                       |      |   |   |   |   |   |
|   Weighted average shares outstanding - basic    |   |                       | 3,897,129 |   |   |   | 3,876,603 |   |
|   Assumed exercise of options                    |   |                       | 1,897     |   |   |   | 3,528 |   |
|                                                       |   |                       |      |   |   |   |   |   |
|   Weighted average shares outstanding - diluted  |   |                       | 3,899,026 |   |   |   | 3,880,131 |   |
|                                                       |   |                       |      |   |   |   |   |   |
| Basic Earnings Per Share                                   |   | $                          | 0.08      |   |   | $      | 0.05 |   |
| Diluted Earnings Per Share                                 |   | $                          | 0.08      |   |   | $      | 0.05 |   |

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| NET REVENUES                        |   |
|-------------------------------------|--------|
|                                |   | Three Months Ended May 31, |   |
|                                |   | 2011 |   |   | 2010 |   |
| Publishing                          |   | $ | 2,403,200 |   |   | $ | 2,099,600 |   |
| UBAM                                |   |   | 3,861,200 |   |   |   | 4,195,800 |   |
| Other                               |   |   | - |   |   |   | - |   |
| Total                               |   | $ | 6,264,400 |   |   | $ | 6,295,400 |   |
|                                |   |   |   |   |   |   |   |   |
| EARNINGS (LOSS) BEFORE INCOME TAXES |   |
|                                |   | Three Months Ended May 31, |   |
|                                |   |   | 2011 |   |   |   | 2010 |   |
| Publishing                          |   | $ | 759,900 |   |   | $ | 603,600 |   |
| UBAM                                |   |   | 700,000 |   |   |   | 884,000 |   |
| Other                               |   |   | (979,200 | ) |   |   | (1,187,300 | ) |
| Total                               |   | $ | 480,700 |   |   | $ | 300,300 |   |

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|                                     |   | Three Months Ended May 31, |   |
|------------------------------------------|--------|----------------------------|--------|
|                                     |   | 2011                       |   |   | 2010 |   |
| Net revenues                             |   |                       | 100.0  | % |   |   | 100.0 | % |
| Cost of sales                            |   |                       | 39.0   | % |   |   | 36.9 | % |
|   Gross margin                 |   |                       | 61.0   | % |   |   | 63.1 | % |
| Operating expenses:                      |   |                       |   |   |   |   |   |   |
|   Operating & selling      |   |                       | 26.3   | % |   |   | 27.1 | % |
|   Sales commissions            |   |                       | 19.5   | % |   |   | 20.7 | % |
|   General & administrative |   |                       | 7.6    | % |   |   | 7.6 | % |
|   Casualty loss                |   |                       | 0.0    | % |   |   | 3.0 | % |
|   Total operating expenses     |   |                       | 53.4   | % |   |   | 58.4 | % |
| Income from operations                   |   |                       | 7.6    | % |   |   | 4.7 | % |
| Other income                             |   |                       | 0.1    | % |   |   | 0.1 | % |
| Earnings before income taxes             |   |                       | 7.7    | % |   |   | 4.8 | % |
| Income taxes                             |   |                       | 2.9    | % |   |   | 1.8 | % |
| Net earnings                             |   |                       | 4.8    | % |   |   | 3.0 | % |

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|                            |   | For the Three Months Ended May 31, |       |   |   |   |       |     |   |
|---------------------------------|--------|------------------------------------|------------|--------|--------|--------|------------|----------|--------|
|                            |   | 2011                               |       |   | 2010   |   |       | $ Change |   |   | % Change |   |
| Gross sales                     |   | $                                  | 9,303,900  |   |   | $      | 8,776,000  |     |   | $ | 527,900 |   |   |   | 6.0 |   |
| Less discounts & allowances |   |                               | (3,265,300 | )      |   |   | (2,744,400 | )        |   |   | (520,900 | ) |   |   | 19.0 |   |
| Transportation revenue          |   |                               | 225,800    |   |   |   | 263,800    |     |   |   | (38,000 | ) |   |   | (14.4 | ) |
| Net revenues                    |   | $                                  | 6,264,400  |   |   | $      | 6,295,400  |     |   | $ | (31,000 | ) |   |   | (0.5 | ) |

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|                         |   | For Three Months Ended May 31, |      |   |   |   |      |     |   |
|------------------------------|--------|--------------------------------|-----------|--------|--------|--------|-----------|----------|--------|
|                         |   | 2011                           |      |   | 2010   |   |      | $ Change |   |   | % Change |   |
| Cost of sales                |   | $                              | 2,440,400 |   |   | $      | 2,321,200 |     |   | $ | 119,200 |   |   |   | 5.1 |   |
| Operating & selling      |   |                           | 1,645,800 |   |   |   | 1,707,500 |     |   |   | (61,700 | ) |   |   | (3.6 | ) |
| Sales commissions            |   |                           | 1,224,500 |   |   |   | 1,304,500 |     |   |   | (80,000 | ) |   |   | (6.1 | ) |
| General & administrative |   |                           | 478,400   |   |   |   | 477,600   |     |   |   | 800 |   |   |   | 0.2 |   |
| Casualty loss                |   |                           | -         |   |   |   | 188,500   |     |   |   | (188,500 | ) |   |   | (100.0 | ) |
| Total                        |   | $                              | 5,789,100 |   |   | $      | 5,999,300 |     |   | $ | (210,200 | ) |   |   | (3.5 | ) |

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| Period                                                                                                                                                                                                                                                                                                                |   | Total # of SharesPurchased |   |   | Average PricePaid per Share |   |   | Total # of SharesPurchased asPart of Publicly Announced Plan (1) |   |   | Maximum # of Shares that Maybe Repurchased under the Plan(2) (3) |   |
|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|----------------------------|--------|--------|-----------------------------|--------|--------|------------------------------------------------------------------|--------|--------|-----------------------------------------------------------------------|--------|
|                                                                                                                                                                                                                                                                                                                  |   |                       |   |   |                        |   |   |                                                             |   |   |                                                                  |   |   |
| March 1 - 31, 2011                                                                                                                                                                                                                                                                                                    |   |                       | 845    |   |                        | $      | 6.37   |                                                             |   |   | 845                                                                   |   |   |   | 395,995 |   |
| April 1 - 30, 2011                                                                                                                                                                                                                                                                                                    |   |                       | 23,120 |   |                        | $      | 6.05   |                                                             |   |   | 23,120                                                                |   |   |   | 372,875 |   |
| May 1 - 31, 2011                                                                                                                                                                                                                                                                                                      |   |                       | 1,452  |   |                        | $      | 6.19   |                                                             |   |   | 1,452                                                                 |   |   |   | 371,423 |   |
| Total                                                                                                                                                                                                                                                                                                                 |   |                       | 25,417 |   |                        | $      | 6.07   |                                                             |   |   | 25,417                                                                |   |   |   |   |   |
|                                                                                                                                                                                                                                                                                                                  |   |                       |   |   |                        |   |   |                                                             |   |   |                                                                  |   |   |   |   |   |
| (1)  All of the shares of common stock set forth in this column were purchased pursuant to a publicly announced plan as described in footnote 2 below.                                                                                                                                                      |
|                                                                                                                                                                                                                                                                                                                  |
| (2)  In April 2008 the Board of Directors authorized us to purchase up to an additional 500,000 shares of our common stock under a repurchase plan.  Pursuant to the plan, we may purchase a total of 371,423 additional shares of our common stock until 3,000,000 shares have been repurchased. |
|                                                                                                                                                                                                                                                                                                                  |
| (3)  There is no expiration date for the repurchase plan.                                                                                                                                                                                                                                                   |

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ITEM 

ITEM 

ITEM 

ITEM 

| 31.1 | Certification of the Chief Executive Officer of Educational Development Corporation pursuant to Section 302 of the Sarbanes-Oxley Act of 2002 furnished herewith. |
|------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 31.2 | Certification of Controller and Corporate Secretary (Principal Financial and Accounting Officer) of Educational Development Corporation pursuant to Section 302 of the Sarbanes-Oxley Act of 2002 furnished herewith. |
|------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 32.1 | Certification pursuant to 18 U.S.C Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002. |
|------|------------------------------------------------------------------------------------------------------------------------|

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SIGNATURES

|                           | EDUCATIONAL DEVELOPMENT CORPORATION(Registrant) |
|--------------------------------|-------------------------------------------------|
|                           |                                            |   |   |
| Date:  July 14, 2011 | By:                                             | /s/ Randall W. White |   |
|                           |                                            | Randall W. White |   |
|                           |                                            | President |   |
|                           |                                            |   |   |

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| 31.1 | Certification of the Chief Executive Officer of Educational Development Corporation pursuant to Section 302 of the Sarbanes-Oxley Act of 2002 furnished herewith. |
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| 31.2 | Certification of Controller and Corporate Secretary (Principal Financial and Accounting Officer) of Educational Development Corporation pursuant to Section 302 of the Sarbanes-Oxley Act of 2002 furnished herewith. |
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| 32.1 | Certification pursuant to 18 U.S.C Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002. |
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