TR-1(i): Notification of Major Interests in Shares

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)

Schroders plc

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

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

9 May 2007

6. Date on which issuer notified

10 May 2007

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

From 5% to 4%

8. Notified details:

Class/type of shares if possible using the ISIN CODE

Situation  previous to the Triggering transaction (vi)

Resulting situation after the triggering transaction

Number of shares

Number of voting Rights (viii)

Number of shares

Number of voting rights ix

% of voting rights

GB0002369139

99,602,990

99,602,990

Direct

Direct  (x)

Indirect (xi)

Direct

Indirect

n/a

n/a

62,544,396

n/a

4.977%

B. Financial Instruments

Resulting situation after the triggering transaction (xii)

Type of Financial Instrument

Expiration Date (xiii)

Exercise/Conversation 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

62,544,396

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

Proxy Voting:

10. Name of the proxy holder:

n/a

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

n/a

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

n/a