Press Release Details

Reuters completes sale of Factiva stake to Dow Jones

December 15, 2006 at 12:00 AM EST

London - Reuters (LSE:RTR, NASDAQ:RTRSY) today completed the sale of its stake in Factiva to joint venture partner Dow Jones. The sale was first announced on 18th October 2006.

Reuters realised a total of $178 million in cash from the sale, including an adjustment for Factiva's working capital and 50 per cent of the cash remaining on Factiva's balance sheet - which together came to $25 million. Reuters also retained a minority preferred stock interest valued at $7 million. Proceeds from the sale will be used to pay down debt.

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Contact: Steve Clarke Reuters Media Relations Tel: +44 207 542 6865 Mobile: +44 7990 56 6865 Email: steve.clarke@reuters.com

Miriam McKay Global Head of Investor Relations Tel: +44 207 542 7057 Mobile: +44 7990 567057 Email: miriam.mckay@reuters.com

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