London – Reuters (LSE:RTR; NASDAQ: RTRSY) today appointed Roy Lowrance as Chief Technology Officer, to champion the focused and pragmatic use of technology as Reuters drives for revenue growth and simplification. Lowrance will report to Reuters Chief Executive Officer Tom Glocer and takes up his new role with immediate effect.

Lowrance joins from Capital One Financial Corp., the largest US Credit Card issuer, where he was Chief Technology Officer and Chief Architect. Prior to that he was a partner at Boston Consulting Group, the international consulting firm, where he led the IT practice in the Americas. He has held senior technology roles at Bear Stearns, Fleet Financial Group, American Express and Corio, as well as working for McKinsey & Co and Xerox Corp. Lowrance has an MBA from Harvard University.

Tom Glocer, Reuters Chief Executive Officer, said, “Roy Lowrance is an outstanding business technologist who has worked for and advised many of Reuters key clients. He has consistently shown vision and expertise in every role he has undertaken. I will work closely with Roy to drive my twin objectives of revenue growth and business simplification.”

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Reuters (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. Reuters has 15,300 staff in 89 countries, including staff from the acquisition of Telerate in June 2005. It also 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.

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