Press Release Details

Reuters Finance PLC - Notice to Note Holders

April 17, 2008 at 4:27 PM EDT
Reuters Finance PLC
17 April 2008


                                                                   17 April 2008

                           NOTICE TO NOTEHOLDERS FROM

                               REUTERS GROUP PLC

                                      and

                              REUTERS FINANCE PLC

                                 in respect of

              JPY 1,000,000,000 FIXED RATE NOTES DUE 25 JUNE 2008

                          ISSUED BY REUTERS GROUP PLC

                               ISIN: XS0171205650

            EUR 250,000,000 FLOATING RATE NOTES DUE 28 NOVEMBER 2008

                          ISSUED BY REUTERS GROUP PLC

                               ISIN: XS0276892303

     EUR 500,000,000 4.625 PER CENT. GUARANTEED NOTES DUE 19 NOVEMBER 2010,

       ISSUED BY REUTERS FINANCE PLC AND GUARANTEED BY REUTERS GROUP PLC

                               ISIN: XS0180277393

                                 (the 'Notes')

To: Holders of the Notes processed through Euroclear Bank S.A./N.V. as operator
of the Euroclear System and Clearstream Banking, societe anonyme

Cc: Citibank, N.A. (as Agent)
    21st Floor
    Citigroup Centre
    Canada Square
    Canary Wharf
    London E14 5LB

Attention: MTN Issuance Desk
Telefax:   020 7508 3875


Following the acquisition on Thursday 17 April 2008 by The Thomson Corporation
of Reuters Group PLC by implementing a dual listed company structure, Thomson
Reuters has two parent companies - The Thomson Corporation, renamed as Thomson
Reuters Corporation (an Ontario company), and Thomson Reuters PLC (a UK
company).

Effective upon closing, Reuters Group PLC became a wholly-owned subsidiary of
Thomson Reuters PLC. Notes previously issued or guaranteed by Reuters Group PLC
will continue to be obligations of the same company. Reuters Group PLC will be
renamed as Reuters Group Limited.

Cross guarantees - Thomson Reuters Corporation and Thomson Reuters PLC have each
guaranteed all contractual obligations of the other company existing at the time
of closing and other obligations as agreed. The cross guarantees will also cover
contractual obligations of other parties to the extent they are guaranteed by
one of the parent companies.

Downstream PLC guarantee - In addition, Thomson Reuters PLC has guaranteed all
contractual obligations of Reuters Group PLC existing at the time of closing,
including all contractual obligations of Reuters Finance PLC to the extent
guaranteed by Reuters Group PLC. The result of this 'downstream' guarantee is
that those obligations will be covered by Thomson Reuters Corporation's cross
guarantee of Thomson Reuters PLC's obligations.

Through these cross guarantees and the downstream guarantee from Thomson Reuters
PLC, Holders of the Notes are provided with credit support at both top company
levels of Thomson Reuters. It is anticipated that both parent companies will
have the same credit rating given they will be exposed to the credit risk of the
other.

The cross guarantees and the downstream guarantee and financial information in
respect of Thomson Reuters Corporation and Thomson Reuters PLC will be available
for inspection at the specified office of the Agent.

For further information, please contact:

Name:           Frank Golden
                Senior Vice President
                Thomson Reuters Investor Relations
      
Phone number:   +1 203 539 8470

Email           Frank.Golden@Thomson.com


Yours faithfully

REUTERS GROUP PLC

REUTERS FINANCE PLC



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