THOMSON PORTIA LAUNCHES MAJOR CAMPAIGN TO DELIVER BROAD RANGE OF NEW MODULES AND ENHANCEMENTS

Thomson Financial Involving PORTIA Clients In All Stages Of Product Development Process

NEW YORK, NY, September 13, 2004 -- Thomson Financial, an operating unit of The Thomson Corporation (TSX: TOC, NYSE: TOC) and leading provider of information and technology solutions to the worldwide financial community, today announced the launch of a multi-million dollar campaign to deliver, over the next three years, a series of new modules, enhancements and product maintenance for Thomson PORTIA, the industry's most relied upon portfolio management and accounting system. Thomson is involving PORTIA clients, including many of the world's largest asset managers, insurance companies, banks and plan sponsors, in all stages of the development cycle, from early stage analysis and requirements reviews to alpha and beta release programs.

"We are delighted about the level of participation from clients, external parties and industry groups in the development of our product road-map, and confident that it will support our clients needs and growth plans for the short and long term," said Christy Bremner, senior vice president, Thomson Financial.

Functional modules for Stored Holdings and Cash Management are targeted for delivery in Q1 2005. The first module captures and stores both qualitative and analytic holdings data for portfolio positions, reports on stored holdings through the PORTIA report writer, and offers open access to stored holdings via external solutions and reporting tools. Stored Holdings will offer PORTIA clients the benefit of locking down holdings positions with point in time analytic information to facilitate reporting, access and control of historical data. In addition, Stored Holdings will offer a time series view of security master file elements.

The Cash Management module tracks cash activity separately from asset movements and will offer enhanced cash transaction detail tracking and projection capabilities. The Cash Management module will offer a whole new level of cash tracking and accounting not previously offered by PORTIA. Other new modules devoted to Corporate Actions, improved programmatic access to PORTIA, Accounting, and Transaction Support are also scheduled for future releases.

"Thomson Financial's major investment in PORTIA, confirmed by a number of Thomson partners and third party firms, makes PORTIA the leading choice for high growth segments such as separately managed accounts and hedge funds, in addition to traditional buy side asset managers," said Bremner. "We have the broadest footprint with clients in just about every region around the globe, and remain committed to all regions as we move forward."

PORTIA provides the most advanced functionality for transaction management, trade processing and OMS, portfolio management and accounting, reporting and performance measurement, automating the trading, analysis and operations of money managers in more than 40 countries. PORTIA gives users the benefit of real-time updates and powerful calculation logic for portfolio management reporting and pre-to-post trade compliance. PORTIA is interoperable with Oneva Trade EQ, the trade workflow and execution system that completely automates trading, modeling and order allocations for buy-side traders and portfolio managers worldwide.

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