London – Reuters (LSE: RTR, NASDAQ: RTRSY) today announced that it has acquired the Telerate distribution business of Indian firm IQS (Indian Quotation Systems Private Limited). The value of the gross assets acquired in this transaction is US $1.7 million.

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Reuters (http://www.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. At the end of 2005, Reuters had 15,300 staff in 89 countries. This includes 2,300 editorial staff in 189 bureaux serving 128 countries, making Reuters the world's largest international multimedia news agency. In 2005, Reuters revenues were 2.4 billion pounds.

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