Press Release Details

Reuters Appoints Sir Deryck Maughan To Its Board

September 23, 2005 at 12:00 AM EDT

London – (LSE:RTR, Nasdaq: RTRSY) The Board of Reuters Group has appointed Sir Deryck Maughan, former Chairman and Chief Executive Officer of Citigroup International, as a non-executive director with immediate effect.

Sir Deryck Maughan, 57, brings a huge amount of valuable experience from the financial services market. From 1969 to 1979 he served as a member of H.M. Treasury in London and from 1979 to 1983 he worked at Goldman Sachs. He then went on to join Salomon Brothers where he became Chairman and Chief Executive Officer. The Travelers Group acquired Salomon Brothers in 1997, and the following year Travelers merged with Citibank to form Citigroup. Sir Deryck was Vice Chairman of Citigroup and Chairman and Chief Executive Officer of Citigroup International.

Sir Deryck is a non-executive director of GlaxoSmithKline plc. He serves on the Boards of Directors of Carnegie Hall, Lincoln Center and NYU Medical Center in New York. He is a Trustee of the Trilateral Commission and a member of Advisory Councils at Harvard University and Stanford University. He served as Vice Chairman of the New York Stock Exchange from 1996 to 2000 and is a former Chairman of the US-Japan Business Council.

Niall FitzGerald, Chairman of Reuters, said, “I am delighted that Sir Deryck is joining the Reuters board. His enormous experience in financial services, his breadth of vision and formidable ability will be valuable assets to the board as we seek to strengthen and grow the business in the coming years.”

Ends

Contacts

Johnny Weir
Tel: + 44 207 542 5211
Mobile: + 44 7990 565211
johnny.weir@reuters.com

Notes to Editors

There is nothing that is required to be disclosed pursuant to section Listing Rule LR 9.6.13 of the Listing Rules of the UK Listing Authority.

Reuters (www.reuters.com), the global information company, provides indispensable information tailored for professionals in the financial services, media and corporate markets. Its trusted information drives decision making across the globe based on a reputation for speed, accuracy and independence. Reuters has 15,300 staff in 91 countries, including staff from the acquisition of Moneyline Telerate (MLT) in June 2005. It also includes 2,300 editorial staff in 196 bureaux serving 129 countries, making Reuters the world's largest international multimedia news agency. In the 2004 Reuters Group revenues, including those of Instinet Group, were £2.9 billion. From July 2005, Instinet Group is being treated as a discontinued operation in the profit and loss account.

Reuters and the sphere logo are the trade-marks of the Reuters group of companies.