Press Release Details

Notification of Major Interests in Shares

April 20, 2007 at 12:00 AM EDT

1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached(ii)

Reuters Group PLC

2. Reason for the notification

An acquisition or disposal of voting rights

An acquisition or disposal of financial instruments which may result in the acquisition of shares already issued to which voting rights are attached

An event changing the breakdown of voting rights

Other (please specify): New Exemption DTR 5.1.3(4) & DTR 5.1.5(1)

3. Full name of person(s) subject to the notification obligation(iii)

Lone Pine Capital LLC

4. Full name of shareholder(s) (if different from 3.)(iv)

Goldman Sachs Securities (Nominees) Limited

5. Date of the transaction (and date on which the threshold is crossed or reached if different) (v)

16/04/2007

6. Date on which issuer notified

18/04/2007

7. Threshold(s) that is/are crossed or reached:

5%

8. Notified details:

 

A. Voting rights attached to shares

Class/type of shares if possible using the ISIN CODE

Situation  previous to the triggering transaction (vi)

 

Number of shares

Number of voting Rights (viii)

GB0002369139

 

Below 3%

Resulting situation after the triggering transaction (vii)

Class/type of shares if possible using ISIN CODE

Number of shares

Number of voting rights (ix)

% of voting rights

 

Direct

 

Indirect

 

Direct (x)

 

Indirect (xi)

 

Direct

 

Indirect

 

  Nil

 

Nil

41,790,139

Nil

3,30%

 

B. Financial Instruments

Resulting situation after the triggering transaction

Type of Financial Instrument

Expiration Date (xiii)

Exercise/Coversation Period/Date (xiv)

Number of Voting Rights that may be acquired if the instrument is exercised/converted

% of Voting Rights

         
 

Total (A+B)

Number of Voting Rights

% of Voting Rights

41,790,139

3.30%

  

9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable (xv):

Stephen F. Mandel Jr. is the Managing Member of Lone Pine Capital LLC and in that capacity is able to direct its operations.

 

Proxy Voting:

10. Name of the proxy holder:

 

11. Number of voting rights proxy holder will cease/acquire to hold:

 

12. Date on which proxy holder will cease/acquire to hold voting rights:

 

13. Additional information:

14. Contact Name

Kerry A. Tyler
Lone Pine Capital LLC
Two Greenwich Plaza
Greenwich
CT 06830
USA

15. Contact telephone number:

+1 203 618 7813

Annex to Notification Of Major Interests In Shares (xvi)

A. Identity of the person or legal entity subject to the notification obligation

Full Name (including legal form for legal entities):

Lone Pine Capital LLC

Contact Address (registered office for legal entities):

Two Greenwich Plazza, Greenwich, CT 06830, USA

Phone number:

+1 203 618 7813

Other useful information (at least legal representative for legal persons):

 

B. Identity of the notifier, if applicable (xvii)

Full Name (including legal form for legal entities):

Lone Pine Capital LLC

Contact Address (registered office for legal entities):

Two Greenwich Plazza, Greenwich, CT06830, USA

Phone number:

+1 203 618 7813

Other useful information (e.g. functional relationship with the person or legal entity subject to the notification obligation):

 

C. Additional Information