INFOSYS CEO NANDAN NILEKANI JOINS REUTERS BOARD

London - 18 October 2006

London – Reuters today announced the appointment of Nandan Nilekani, Chief Executive Officer of Infosys, as a Non-Executive Director. He takes up the position with effect from 1 January 2007 and will become a member of Reuters Audit Committee on that date.

Nilekani, 51, has been Chief Executive Officer of Infosys, the world leading provider of IT consulting and services, since March 2002. He is one of its founders and has served as a director on the company’s board since its inception in 1981. Today Infosys has a market capitalisation of more than US$20 billion and employs over 66,000 people.

In January 2006, Nandan Nilekani became one of the youngest entrepreneurs to join 20 global leaders on the prestigious World Economic Forum (WEF) Foundation Board. He is Vice-Chairman of The Conference Board, Inc., an international research and business membership organisation, and serves as the Co-chairman of the IIT Bombay Heritage Fund and is also a member of the Board of Governors of IIT Bombay.

Mr. Nilekani has been involved in various initiatives of the Indian central and state governments. He was the Chairman of the Government of India’s IT Task Force for the Power Sector. He has also served as a member of the subcommittee of the Securities and Exchange Board of India that dealt with issues related to Insider Trading, and as a member of the Reserve Bank of India’s Advisory Group on corporate governance.

Mr. Nilekani is the recipient of several awards including the Indian Institute of Technology (IIT), Bombay, ‘Distinguished Alumnus’ award in 1999. In 2005, Mr. Nilekani was awarded the prestigious Joseph Schumpeter prize for innovative services in the field of economy, economic sciences and politics.

Niall FitzGerald, Chairman of Reuters, commented, “Nandan is one of India’s most successful business leaders and a key figure in the new global economy. He brings a deep understanding of technology, IT and globalization and will be a huge asset to the Board of Reuters. I’m delighted to be able to welcome him to the company.”

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