REUTERS DATASCOPE DIVISION ANNOUNCES NEW HIRES

Global information company Reuters (LSE:RTR) today announces a round of new recruits in line with the investment focus on Reuters enterprise solutions. Several key roles have been hired to support Reuters DataScope, Reuters pricing, historical and reference data business that sits within the Enterprise division. In Reuters preliminary results released in February of this year, Reuters CEO Tom Glocer highlighted the 50% growth in revenue throughout 2003 of the DataScope business.

Kevin Bradshaw, Global Head of Reuters DataScope comments:
"We're delighted with how the Reuters DataScope business is developing and with the team expansion over the past few months. The rapid growth of the Reuters DataScope team has been pursued to support our objectives of growing market share in the mid and back office data market."

Reuters has also embarked upon a rebranding of its various back-office product lines to support planned acceleration in sales growth. Kelly Lavelle, Marketing Director, Reuters DataScope, recently been recruited from competitor IDC, comments: "We are now close to completing the consolidation of our branding efforts for this business under the Reuters DataScope product family umbrella. Previously disparate DataScope and EJV branded offerings have been brought together to support our ongoing product consolidation and development plans."

In addition to expanding the direct sales and operational teams, new third party alliance and customer service teams have been formed. Details of key new hires follow.

New global third party alliance team
Teams have been recruited both in Europe and the US to focus on third party alliances with software vendors, re-distributors and fund administrators.
Caroline O'Shaughnessy - Third-party Channel Director, Reuters DataScope
Caroline O'Shaughnessy was recruited late last year to head up the European third party business for Reuters DataScope. She has 10 years experience running third party business for FT Interactive Data in Europe and spent subsequent time at Telekurs with a similar remit. Caroline has just completed the hiring of a new European team from within Reuters

Tim Rice -Business Development Manager, Reuters DataScope
Tim will be responsible for third party business development efforts in North America. Tim was most recently Vice President of Fixed Income at Moneyline Telerate. He has also worked at Tradeweb to help set-up their market data business in 2001 and was one of the pioneers at Interactive Data in starting their Business Development Group in late 1980's.

Glenn Strier - Third Party Account Manager, Reuters DataScope
Glenn comes from within Reuters where he has been an account manager working on global accounts and has substantial mutual fund industry experience having spent over 5 years in supervisory roles in fund accounting at both Putnam Investments and Scudder Kemper Investments.

Expansion of European direct sales teams

Alistair Tye - Business Development Manager, Reuters DataScope
Alistair joins from FT Interactive Data (Europe). Alistair has considerable financial market knowledge having commenced his career within Lloyd's Insurance, followed by a brief spell in investor relations. Alistair joined FT Interactive Data (Europe) in 1999, enjoying considerable success in building relationships with London's investment banks.

Pierre Poux, Sales Manager, Reuters DataScope
Pierre Poux joined Reuters in April. He was most recently Deputy General Manager and Head of sales at Fininfo, where he fulfilled various sales and operational roles since joining the French leading provider of valuation services from Groupe Euronext (SDIB) in 1992. He is credited with setting up Fininfo's back office valuation business from scratch. Pierre brings to Reuters Datascope Division invaluable sales experience and a deep operational knowledge of valuation feeds and reference data management. Based in Paris, he will manage all sales and presales resources in EMEA West.

Expansion of operational teams

Gary Barr, Global Head of Reuters DataScope Operations
Gary has expanded operational capabilities with key expansion in the development and data divisions, to accelerate Reuters DataScope technology and content capabilities, including Chris Bannocks hired in March.

Chris Bannocks- Global Head of Product Implementation, Reuters DataScope
Chris Bannocks has joined the team to lead the drive for quality controlled product releases with clear customer communication. Chris's background covers a wide range of project management and line management functions from the investment banking and consulting industries. Chris spent his formative management time at Credit Suisse First Boston where he was instrumental in developing and delivering change within the reference data space in addition to managing line teams in data, emerging markets and DTC areas of the business. Chris joins Reuters from Spirit Solutions, a consulting company he set up to address issues in the reference data segment.

Launch of dedicated Customer Service team
In addition to new hires, Reuters DataScope now also has a dedicated specialist support team drawn from within Reuters who will focus on data and technical support exclusively for the Reuters DataScope Product line.

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