Thomson Reuters Announces C$1.2 Billion Note Offering

    NEW YORK, June 19 /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 it has entered into an agreement
with a syndicate of Canadian investment dealers for a public offering in
Canada of C$1.2 billion (approximately US$1.2 billion) of notes. The notes are
being issued by Thomson Reuters Corporation and will be unconditionally
guaranteed by Thomson Reuters PLC. The offering includes C$600 million of
5.25% notes due 2011 and C$600 million of 5.70% notes due 2015. The offering
is expected to close on June 25, 2008, subject to customary closing
    (Logo: )
    Thomson Reuters currently has approximately US$3.4 billion of borrowings
under its bridge credit facility related to the cash portion of the Reuters
acquisition. Thomson Reuters plans to fully repay this amount using the net
proceeds from this C$1.2 billion offering of notes, the net proceeds from the
separate US$1.75 billion offering of notes announced earlier this week that is
expected to close on June 20, 2008, and other sources available to it.
    The C$1.2 billion of notes are not being offered or sold in the United
States. This press release shall not constitute an offer to sell or the
solicitation of an offer to buy any of such notes and shall not constitute an
offer, solicitation or sale in any jurisdiction in which such offer,
solicitation or sale is unlawful.
    This communication is directed solely at persons who (i) are outside the
United Kingdom or (ii) are investment professionals within the meaning of
article 19(5) of the Financial Services and Markets Act 2000 (Financial
Promotion) Order 2005 (the "Financial Promotion Order") or (iii) are persons
falling within article 49(2)(a) to (d) of the Financial Promotion Order or
(iv) is a person to whom such communication may otherwise lawfully be made
(all such persons together being referred to as "relevant persons"). This
communication must not be acted on or relied on by persons who are not
relevant persons. Any investment or investment activity to which this
communication relates is available only to relevant persons and will be
engaged in only with relevant persons.
    About Thomson Reuters
    Thomson 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, scientific, healthcare 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 in 93 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
    Cautionary Note Concerning Factors That May Affect Future Results
    This news release includes forward-looking statements that are based on
certain assumptions and reflect Thomson Reuters current expectations.
Forward-looking statements are those that are not historical facts and include
Thomson Reuters expectations about the offerings. There can be no assurance
that the offerings will be completed. Forward-looking statements are subject
to a number of risks and uncertainties that could cause actual results or
events to differ materially from current expectations. Some of the factors
that could cause actual results to differ materially from current expectations
are discussed in materials filed by Thomson Reuters Corporation and Thomson
Reuters PLC from time to time with securities regulatory authorities. Thomson
Reuters disclaims any intention or obligation to update or revise any
forward-looking statements, whether as a result of new information, future
events or otherwise, other than as required by applicable law, rule or


    Fred Hawrysh
    Global Director, Corporate Affairs
    1.203 539 8314

    Frank DeMaria
    Global Director, Media Relations
    1.646 223 5507

    Frank Golden
    Senior Vice President, Investor Relations
    1.203 539 8470

    Victoria Brough
    Head of Corporate Communications, EMEA
    +44 (0) 207 542 8763

For further information:

For further information: Fred Hawrysh, Global Director, Corporate
Affairs,  +1-203-539-8314,, or Frank DeMaria,
Global  Director, Media Relations, +1-646-223-5507,,  or Frank Golden, Senior Vice President,
Investor Relations, +1-203-539-8470,, or
Victoria Brough, Head of Corporate  Communications, EMEA, +44 207 542 8763,,  all of Thomson Reuters Web Site:        

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