London – Reuters (LSE: RTR; NASDAQ: RTRSY) today confirmed that it will receive total net cash proceeds of $1.1 billion (£630 million) from its 62% holding in Instinet Group, after tax, transaction fees and including the dividend made by Instinet Group in August following sale of its LJR subsidiary. This follows NASDAQ's announcement today that it has completed its acquisition of Instinet Group.

The sale proceeds will be returned to Reuters shareholders as part of the two year share buy back programme announced in July to return £1 billion to shareholders. Reuters has returned £182 million to shareholders since July, having repurchased 47,550,000 shares at an average price of £3.82.

Tom Glocer, Reuters Chief Executive Officer, said: “Reuters has worked hard to maximize the value to our shareholders of the company's investment in Instinet. I am very pleased that we have been able to complete this transaction and help fund our previously announced £1 billion share buyback program. I am confident that the combination of this large cash return and our Core Plus growth strategy will build significant shareholder value.”

Ends

Contacts

Yvonne Diaz
Tel: +44 (0) 20 7542 2615
Mobile: +44 (0) 7990 560 615
yvonne.diaz@reuters.com

Miriam McKay
Tel: +44 (0) 20 7542 7057
Mobile: +44 (0) 7990 567 057
miriam.mckay@reuters.com

Note to Editors

Reuters (www.about.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 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.

This press release may be deemed to include forward-looking statements relating to Reuters within the meaning of Section 27A of the US Securities Act of 1933 and Section 21E of the US Securities Exchange Act of 1934. Certain important factors that could cause actual results to differ materially from those disclosed in such forward-looking statements are highlighted in the press release and are described in more detail in Reuters Annual Report and Form 20-F 2004 under the heading ‘Risk Factors' and in Reuters interim results press release included in its Report on Form 6-K dated 27 July 2005. Copies of the Annual Report and Form 20-F 2004 and the Form 6-K are available on request from Reuters Group PLC, South Colonnade, Canary Wharf, London E14 5EP.

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