Thomson Reuters Shareholders Approve Unification of Dual Listed Company Structure



    


    
    NEW YORK, Aug. 7 /CNW/ -- Thomson Reuters (NYSE:   TRI; TSX: TRI; LSE:
TRIL; Nasdaq:   TRIN), the world's leading source of intelligent information for
businesses and professionals, today announced that its shareholders
overwhelmingly approved the proposal to unify its dual listed company (DLC)
structure at meetings held in Toronto and London.

    "We are very grateful for the strong support we received for this
proposal, as shareholders in the UK, North America and around the world have
recognized what a simpler, more efficient and less costly capital structure
can do to support our business and the trading of our shares," said Thomas H.
Glocer, chief executive officer of Thomson Reuters. "Importantly, the
unification will have no impact on the company's operations, strategy,
financial position or employees, and London will remain a key center for
Thomson Reuters."

    On August 25, 2009, Thomson Reuters will seek UK court approval for the
proposed unification. If court approval is obtained, the last day of trading
in Thomson Reuters PLC ordinary shares on the London Stock Exchange and
American Depositary Shares (ADSs) on Nasdaq will be on September 9, 2009, and
the unification will close on September 10, 2009. A more detailed expected
timetable of key dates related to the proposed unification is provided below.

    As a requirement of the DLC structure, Thomson Reuters Corporation and
Thomson Reuters PLC shareholders voted separately at today's meetings. Votes
were conducted by ballot. The matters set out below are described in greater
detail in the management information circular and notices of meeting mailed to
shareholders prior to the meetings.
    

    Voting Results - Shareholder Meetings

    Thomson Reuters Corporation

    Special Meeting of Shareholders

    
    The resolution to approve the unification of Thomson Reuters DLC
structure and related matters was approved.
    


    


    
    Votes For     % Votes     Votes Against  % Votes Against   Total Votes
                    For
    -----------   -------     -------------  ---------------   -----------
    565,992,733    99.56        2,478,592          0.44        568,471,325
    -----------   -------     -------------  ---------------   -----------

    Thomson Reuters PLC

    Court Meeting of Shareholders

    The scheme of arrangement was approved.

    


    
    Votes For     % Votes     Votes Against  % Votes Against   Total Votes
                    For
    -----------   -------     -------------  ---------------   -----------
    123,720,469    97.34        3,376,353         2.66         127,096,822
    -----------   -------     -------------  ---------------   -----------
    General Meeting of Shareholders

    
    The resolution to approve the unification of Thomson Reuters DLC
structure and related matters was approved.




    
     Votes For    % Votes     Votes       % Votes      Total Votes    Votes
                    For      Against       Against                   Withheld
    -----------  --------  -------------  ----------   -----------   ---------
    124,061,990    97.44     3,255,032       2.56      127,317,022    882,443
    -----------  --------  -------------  ----------   -----------   ---------



    Proposed DLC Unification
    Expected Timetable of Key Events as of August 7, 2009


    

    
    Deadline for submitting Transfer      11:30 a.m. (EDT) / 4:30 p.m. (BST)
     Election Forms                        on August 24, 2009
    ------------------------------------  ----------------------------------
    

    
    Thomson Reuters PLC Court Hearing to  August 25, 2009
     approve the Scheme and the Thomson
     Reuters PLC Reduction of Capital
    ------------------------------------  ----------------------------------
    

    
    Deadline for settlement and           1:00 p.m. (EDT) / 6:00 p.m. (BST)
     registration of transfers in          on September 9, 2009
     Thomson Reuters PLC shares for
     inclusion in the Scheme
    ------------------------------------  ----------------------------------
    

    
    Scheme record time                    1:00 p.m. (EDT) / 6:00 p.m. (BST)
                                           on September 9, 2009
    

    ------------------------------------  ----------------------------------

    
    Expected effective date of            September 10, 2009
     Unification and the Scheme
    ------------------------------------  ----------------------------------
    

    
    Cancellation of listing of Thomson    3:00 a.m. (EDT) / 8:00 a.m. (BST)
     Reuters PLC ordinary shares from      on September 10, 2009
     the London Stock Exchange
    ------------------------------------  ----------------------------------
    

    
    Delisting of Thomson Reuters PLC      8:00 a.m. (EDT) / 1:00 p.m. (BST)
     ADSs from Nasdaq                      on September 10, 2009
    ------------------------------------  ----------------------------------
    

    
    Latest date for settlement in CREST   8:00 a.m. (EDT) / 1:00 p.m. (BST)
     of Thomson Reuters Corporation        on September 24, 2009
     Depository Interests (DIs)
    ------------------------------------  ----------------------------------



    
    Thomson ReutersThomson Reuters is the world's leading source of
intelligent information for businesses and professionals.  We combine industry
expertise with innovative technology to deliver critical information to
leading decision makers in the financial, legal, tax and accounting,
healthcare and science and media markets, powered by the world's most trusted
news organization.  With headquarters in New York and major operations in
London and Eagan, Minnesota, Thomson Reuters employs more than 50,000 people
and operates in over 100 countries. Thomson Reuters shares are listed on the
New York Stock Exchange (NYSE:   TRI); Toronto Stock Exchange (TSX: TRI); London
Stock Exchange (LSE: TRIL); and Nasdaq (NASDAQ:   TRIN). For more information,
go to www.thomsonreuters.com.


    
    CONTACTS
    Fred Hawrysh
    Senior Vice President, Corporate Affairs
    +1.646 223 5285
    fred.hawrysh@thomsonreuters.com
    

    
    Frank Golden
    Senior Vice President, Investor Relations
    +1.646 223 5288
    frank.golden@thomsonreuters.com
    

    
    Victoria Brough
    Head of External Affairs, EMEA
    +44 (0) 207 542 8763
    victoria.brough@thomsonreuters.com




    




For further information:

For further information: Fred Hawrysh, Senior Vice President, Corporate
Affairs, +1-646-223-5285, fred.hawrysh@thomsonreuters.com, or Frank Golden,
Senior Vice President, Investor Relations, +1-646-223-5288,
frank.golden@thomsonreuters.com, or Victoria Brough, Head of External Affairs,
EMEA, +44-0-207-542-8763, victoria.brough@thomsonreuters.com, all of Thomson
Reuters Web Site: http://www.thomson.com


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