UBS TO TAKE REUTERS NEW WIRELESS SERVICE

31 October 2005: London – Reuters (LSE: RTR; NASDAQ: RTRSY) has agreed a deal to enable 2,500 BlackBerry® users at UBS to receive news and real-time market data through its Reuters Wireless Delivery System (RWDS). The new service will be distributed in UBS Investment Banking Division globally and will give users access to a variety of information, including Reuters content and UBS internal rates.

RWDS will allow end users to follow market movements, view charts and receive personalised alerts. It operates from the Reuters Market Data System (RMDS) installed at UBS. The product has been developed in association with TECH OP, a Swiss-based IT-solutions provider for banks.

Peter Healey, Managing Director, Chief Operating Officer, FX/Cash & Collateral Trading at UBS says, "Our workforce is increasingly mobile and often needs to cover markets outside of normal opening hours. It also needs to have reliable and comprehensive data with maximum availability. I am convinced that Reuters news and market data via BlackBerry will be a valuable asset for UBS."

Peter Moss, Global Head of Enterprise Solutions at Reuters, says, "In a world where financial service professionals are no longer tied to their desks there is a growing need for mobile solutions. In response, Reuters has extended its open data management system to users on the move, giving them access to real-time information from multiple sources. This is the edge they need in a competitive environment."

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