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FORM 6-K
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Report of Foreign Issuer
Pursuant to Rule 13a-16 or 15d-16 of
the Securities Exchange Act of 1934
For the month June 1998
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REUTERS GROUP PLC
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(Translation of registrant's name into English)
85 FLEET STREET, LONDON EC4P 4AJ, ENGLAND
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(Address of principal executive offices)
[Indicate by check mark whether the registrant files or will file
annual reports Form under cover Form 20-F or Form 40-F.]
Form 20-F X Form 40-F
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[Indicate by check mark whether the registrant by furnishing the
information contained in this Form is also thereby furnishing the information to
the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of
1934.]
Yes No X
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THIS REPORT IS INCORPORATED BY REFERENCE IN THE PROSPECTUSES CONTAINED IN POST
EFFECTIVE AMENDMENT NO. 2 TO REGISTRATION STATEMENT NO. 33-16927 ON FORM S-8,
POST-EFFECTIVE AMENDMENT NO. 1 TO REGISTRATION STATEMENT NO. 33-69694 ON FORM
F-3, POST-EFFECTIVE AMENDMENT NO. 1 TO REGISTRATION STATEMENT NO. 33-90398 ON
FORM S-8 AND POST-EFFECTIVE AMENDMENT NO. 1 TO REGISTRATION STATEMENT NO.
333-7374 ON FORM F-3 FILED BY THE REGISTRANT UNDER THE SECURITIES ACT OF 1933.
No: 13/98
29 June 1998
TIBCO STATEMENT
A story which appeared in the media today stated that Reuters is considering
plans for an Initial Public Offering (IPO) for TIBCO Software, a subsidiary
based in Palo Alto, California.
Reuters emphasises that while it is evaluating a number of plans, including a
potential IPO, its Board has made no decision about the future financial
structure of TIBCO Software.
TIBCO Software Inc. provides software solutions and application integration
services for non-financial companies. Its sister company, TIBCO Finance, is a
global leader in financial software solutions and technologies. Reuters acquired
TIBCO in 1994 when it was known as Teknekron. In 1996 TIBCO was split into the
two companies: TIBCO Software and TIBCO Finance Technology Inc.
ENDS
For further information please contact:
REUTERS
Peter V Thomas, Director, Media Relations (Tel 0171 542 4890) or by email:
peter.v.thomas@reuters.com
Geoff Wicks, Director, Corporate Relations (Tel 0171 542 8666) or by email
geoff.wicks@reuters.com
Reuters and the dotted and sphere logos are the house trademarks of Reuters
Limited.
REUTERS
[GRAPHIC
OMITTED] NEWS RELEASE
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FOR IMMEDIATE RELEASE
CONTACT: Robert Crooke Wendy Zajack
Reuters America Inc. Reuters America Inc.
212-603-3587 212-603-3581
REUTERS AMERICA AND CISCO ANNOUNCE STRATEGIC DEVELOPMENT ALLIANCE
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SUBJECT: REUTERS AMERICA AND CISCO ANNOUNCE STRATEGIC DEVELOPMENT ALLIANCE
NEW YORK, SIA, BOOTH #1101, June 23, 1998--Reuters America Inc. and Cisco
Systems, Inc. today announced a strategic development alliance, declaring
Cisco the primary strategic vendor for all Reuters networks in the U.S. The
agreement will help Reuters standardize its data, voice and video networks on
a single network platform, using innovative new Internet technologies from
Cisco. No financial terms were disclosed.
The pact also creates a structure for Reuters and Cisco to share industry
expertise, development teams and management and marketing support around
future Reuters product offerings.
Benefits to Reuters include:
o Reduced complexity and lower data, voice and video costs for Reuters
networks using Cisco products.
o Opportunity for Reuters to access Cisco's strategic partnerships with
leading companies worldwide.
o Opportunity for Reuters and Cisco to leverage their existing
relationship with Tibco Software Inc., the Reuters subsidiary whose
Internet/intranet technology is currently used by both.
o Opportunity to improve the integration of client networks managed by
Reuters.
o Opportunity to expand electronic commerce at Reuters with support from
Cisco.
Benefits to Cisco include:
o Opportunity to develop new data, voice and video services with
Reuters, using Cisco technologies.
o Opportunity to expand Cisco's presence delivering information services
in the financial industry.
o Opportunity to deliver end-to-end, Internet business solutions that
service the financial industry.
"Cisco Systems is the acknowledged leader in networking for the Internet,"
said Michael O. Sanderson, Chairman and Chief Executive Officer, Reuters
America Holdings Inc. "Its technologies are reshaping the fortunes of
business today, and changing the way Reuters delivers information services
to the financial industry. Under this alliance, Reuters is well-positioned
to bolster its network services for customers."
"Reuters clearly understands the competitive advantage that networking
delivers as well as the benefits it creates for users," said John Chambers,
Chief Executive Officer, Cisco Systems, Inc. "With many web applications
delivering a 3-5 month `pay-back,' networking today is the #1 strategic
investment a company can make in today's Internet economy. Those who recognize
the benefits of Internet will leapfrog their competition and those who don't
will simply get left behind. Cisco appreciates the opportunity to provide
Reuters with the latest data, voice and video networks and is committed to
Reuters success."
The alliance with Cisco covers all key operating entities and subsidiaries of
Reuters America Holdings Inc., including the company's chief operating entity
here, Reuters America Inc.
Reuters America Holdings Inc. is the corporate entity which oversees all
key America-based operating divisions of Reuters Group PLC (NASDAQ: RTRSY)
the global news and financial information services company. Cisco Systems,
Inc. (NASDAQ: CSCO) is the worldwide leader in networking for the Internet.
Further information about Reuters can be found at www.reuters.com. Further
information about Cisco is available at www.cisco.com.
# # #
REUTERS AND THE DOTTED AND SPHERE LOGOS ARE THE HOUSE TRADEMARKS OF REUTERS
LIMITED.
CISCO SYSTEMS IS A TRADEMARK, AND CISCO AND THE CISCO LOGO ARE REGISTERED
TRADEMARKS OF CISCO SYSTEMS, INC.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned, thereunto duly authorized.
REUTERS GROUP PLC
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(Registrant)
Dated: July 15, 1998 BY: /s/ J. B. Reid-Dodick
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John B. Reid-Dodick
Attorney-in-Fact