Notification of Transactions of Directors/Persons

Discharging Managerial Responsibility or Connected Persons

NEW YORK, NY - May 8, 2009 - Thomson Reuters (NYSE: TRI; TSX: TRI; LSE: TRIL; NASDAQ: TRIN) today announced that Thomas H. Glocer (Chief Executive Officer) and Devin Wenig (Markets Division Chief Executive Officer) deferred the receipt of shares when certain of their restricted share units (RSUs) vested yesterday. Neither Mr. Glocer nor Mr. Wenig sold any shares in connection with the vesting and deferral. 

In accordance with Thomson Reuters deferred compensation plan, Messrs. Glocer and Wenig elected to receive deferred share units (DSUs) in lieu of Thomson Reuters Corporation common shares. On May 7, 2009, Mr. Glocer acquired 140,000 DSUs in connection with the vesting of 140,000 RSUs and Mr. Wenig acquired 141,666 DSUs in connection with the vesting of 141,666 RSUs. Each DSU entitles Mr. Glocer and Mr. Wenig to receive one Thomson Reuters Corporation common share.  

Today, Mr. Glocer also transferred 5,000 Thomson Reuters PLC ordinary shares as charitable gifts. Mr. Wenig also recently purchased 142 Thomson Reuters Corporation common shares under an employee share purchase plan at a price of US$21.57 per share. 

The table below sets forth information as of May 8, 2009 about Mr. Glocer's and Mr. Wenig's beneficial ownership of Thomson Reuters securities following these transactions:

(1) Includes American Depositary Shares (ADSs), each of which represents six ordinary shares. 

Thomson Reuters is voluntarily making this notification relating to securities of Thomson Reuters Corporation. Under its dual listed company structure, Thomson Reuters has two parent companies - Thomson Reuters Corporation and Thomson Reuters PLC. This notification relates to transactions notified in accordance with Disclosure Rule and Transparency Rule 3.1.4R(1)(a).

Contacts: