REUTERS APPOINTS NEW GROUP STRATEGY DIRECTOR

London – 5 February 2007

Reuters (LSE: RTR; NASDAQ: RTRSY) has appointed David Craig, a partner at McKinsey & Company, to be Group Strategy Director reporting directly to Chief Executive, Tom Glocer.

David, who has worked extensively as an advisor on technology and strategy issues in Reuters marketplace, will focus on implementing Reuters short term strategy supporting the Core Plus programme. In addition he will work with Tom Glocer on developing Reuters longer term strategy beyond Core Plus. David will build on the work of Susan Taylor-Martin who left the strategy role when she recently became head of Reuters business in the UK and Ireland.

Tom Glocer, Chief Executive Officer, Reuters, said: “As we really begin to hit our stride at Reuters we are now attracting world class talent right across the business to help drive performance. David strengthens our senior management team by bringing in new talents and valuable external perspectives. He brings with him an understanding of our marketplace, and his knowledge of the company will make a valuable contribution from day one.”

David Craig, Reuters Group Strategy Director, said: “Reuters is a company with its eye firmly on the future and that alone is going to make this new role a fascinating one. It’s also about making sure that the company performs against Core Plus so that we have the strongest possible foundation for continued performance and growth.”

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