This notification relates to both a transaction notified in accordance with Disclosure Rule 3.1.4R (1) (a) and section 324 (as extended by section 328) of the Companies Act 1985.

On 8 November 2006, David Grigson, an executive director of Reuters, exercised options over 4,200 Ordinary shares of 25p each granted to him under an all employee Save As You Earn Plan in 2003. All shares were retained.

Mr Grigson now has a beneficial interest in 110,043 Ordinary shares, options over 2,085,061 Ordinary shares and long term incentive plan awards in respect of 826,967 Ordinary shares.

These holdings do not exceed 1% of the issued share capital of the company.

Contact: Elizabeth Maclean, Assistant Company Secretary Email: elizabeth.maclean@reuters.com Tel no. 020 7542 6706