Press Release Details

Reuters Group PLC - Scheme of arrangement

April 16, 2008 at 12:18 PM EDT

RNS Number:5105S

Reuters Group PLC

16 April 2008

16 April 2008

Reuters Group PLC

Announcement of Court approval of the reduction of capital of Reuters Group PLC

pursuant to the Scheme of Arrangement

Reuters Group PLC (Reuters or the Company) announces that the capital reduction

comprised within the proposed scheme of arrangement under section 425 of the

Companies Act 1985 (the Scheme) to effect the acquisition of the Company by The

Thomson Corporation (Thomson) has today been confirmed by the Court. The Scheme

is expected to become effective on 17 April 2008 upon the registration by the

Registrar of Companies of an office copy of the Court Order confirming the

capital reduction.

The listing of the Ordinary Shares of the Company on the Official List of the UK

Listing Authority and the trading of such shares on the London Stock Exchange's

main market for listed securities will be cancelled at Reuters request, with

effect from 8.00 a.m. on Thursday 17 April 2008.

Capitalised terms used, but not defined, in this announcement have the meaning

given to them in the circular in relation to the Scheme posted to Reuters

Shareholders on 29 February 2008.

The intended timetable for implementation of the Scheme is as follows (all times

are British Summer Time, except as otherwise noted):

Scheme becomes effective by 8.00 a.m. on 17 April 2008

Cancellation of listing of Reuters shares 8.00 a.m. on 17 April 2008

Issue of Thomson Reuters PLC shares 8.00 a.m. on 17 April 2008

Commencement of dealings in Thomson Reuters 8.00 a.m. on 17 April 2008

PLC shares

Commencement of dealings in Thomson Reuters 9.30 a.m. (Eastern Time)

PLC ADSs on 17 April 2008

Crediting of Thomson Reuters PLC shares to 17 April 2008

CREST accounts

Latest date for despatch of cheques and 1 May 2008

share certificates, and settlement through

CREST in respect of the consideration due

under the Scheme

About Reuters

Reuters (www.reuters.com), the global information company, provides

indispensable information tailored for professionals in the financial services,

media and corporate markets. Through reuters.com and other digital properties,

Reuters now also supplies its trusted content direct to individuals. Reuters

drives decision making across the globe based on a reputation for speed,

accuracy and independence. Reuters has 17,900 staff in 143 countries, including

over 2,300 editorial staff in 197 bureaux serving 132 countries. In 2007,

Reuters revenues were £2.6 billion.

Contacts

Investor Relations enquiries

Chris Collett

Head of Investor Relations

+44 (0) 207 542 2867

+44 (0) 7990 561071

chris.collett@reuters.com

Media enquiries

Frank De Maria

Head of Media Relations

+1 917 215 4484

frank.demaria@reuters.com

Victoria Brough

Global Head of Financial PR

+44 (0) 207 542 8763

+44 (0) 7967 044840

victoria.brough@reuters.com

This information is provided by RNS

The company news service from the London Stock Exchange

END

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