REUTERS APPOINTS NEW EXECUTIVE DIRECTOR

London - Reuters today announced that Devin Wenig has joined the Group's Board as an executive director with effect from 17 February 2003. At the same time the company said he will take up a new role with responsibility for leading Reuters four customer segments.

Devin Wenig, 36, has been President of the Reuters Investment Banking and Brokerage segment since September 2001. He joined Reuters in 1993 as Corporate Counsel, Reuters America and has held a number of senior management positions. He is a non-executive director of the Instinet Group Inc, Multex.com Inc and Nastech Pharmaceutical Company.

Sir Christopher Hogg, Reuters Chairman, said; "Devin Wenig has been a key
contributor to Reuters strategy and product development plans and will play
a critical role in executing them going forward. I welcome him to the Board
where his vision and close grasp of the business will be greatly
appreciated."

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