THOMSON REUTERS: KNOWLEDGE TO ACT

THOMSON REUTERS OVERVIEW

Born from two powerful companies, Thomson Reuters is unified by the common goal to provide the worlds professional markets with Intelligent Information to create Knowledge to Act.

Financial

Healthcare

Legal

Applications used by over half a

million professionals globally

Informs healthcare decisions

affecting 150 million lives

Westlaw is relied upon by 98% of

the worlds major law firms

Media

Scientific

Tax&Accounting

Reuters News reaches over

one billion people daily Markets Division ($7.3bn revenue)

Used by more than 20 million

researchers worldwide

Checkpoint is used by 99 of the

top 100 U.S. accounting firms

Professional Division ($5.1bn revenue)

A truly global company: Thomson Reuters unites the traditional strength of Reuters in Europe & Asia with the strong footprint of Thomson in the US & Canada to serve our customers on a global scale

OUR PURPOSE
The purpose of the Thomson Reuters Markets organization is to power the worlds markets.

We create transparency, provide insight through independent news and content to enable decisions and are the trusted connection between people, transactions and ideas.

OUR PRIORITIES
One Company in One Year
Delivering a seamless transition for customers and clear product roadmaps.

Innovate, Innovate, Innovate

Reinvent the product line user focused products delivering a user focused experience. Deliver innovative solutions that provide value to our clients.

Redefine the Customer Experience

Deliver excellent service across our entire suite of products and focus resources on the areas of highest value to our clients. Improve operations reliability, stability, and quality.
4

COMPLEMENTARY STRENGTHS
The Markets organization builds on the complementary strength of Reuters and Thomson Financial: Truly Global Reuters traditional strength in Europe and Asia has been united with Thomsons strong footprint in the US and Canada to serve our customers on a global scale Connected Community Reuters services to the Sell Side community connected with Thomsons services to the Buy Side and Corporate communities power the worlds markets by connecting people in real time Comprehensive Coverage Reuters news and real-time content combined with Thomsons historical data and analytics create unparalleled breadth and depth of content and capabilities Performance Driven Partner Combined scale and capabilities develop complete solutions to help reduce the vendor relationships as associated with total cost of ownership and to drive end-user performance and efficiency

OUR BUSINESS IS GLOBAL

Around the clock and around the world, we operate in 155 countries to meet the needs of over 40,000 customers
Global news distribution in 19 languages, with 2.49 million headlines, and 515,000 picture images & 54,000 video stories per year. More than 800 million shares of global liquidity and more than 780 global trading partners Leading source of data and financial products for news and investments in the emerging markets

HOW WE ARE ORGANIZED

Customers

Sales & Service

Sales & Trading

Investment & Advisory

Enterprise

Media

Strategy Marketing Content, Technology, & Operations Editorial Human Resources Finance Legal
7

WE BENEFIT THE ENTIRE FINANCIAL COMMUNITY

Asset Managers
Unique access to information and analytics to support every stage of the investment process, from pre- to post-trade and from the front to the back office. Complementary tools and global data to help improve the efficiency and effectiveness of company officers across the entire corporate suite. Additional opportunities for direct, unfiltered access to industryleading sources for trading and financial analytics, all in a workspace configured to the specific needs and workflow of the Hedge Fund community. Enhanced screening and targeting tools and analytics for providing accurate and timely advice on corporate strategy and structure, capital-raising, and mergers and acquisitions. Targeted tools and information to improve productivity, provide valuable insight to grow profitable relationships with clients.
8

Corporations

Hedge Funds Investment Banking and Private Equity Wealth Managers

WE BENEFIT THE ENTIRE FINANCIAL COMMUNITY

Fixed Income
A broader global reach representing more marketplaces, more market data, and deeper analytical tools for fixed income. Combination of real time news and data with deep commentary and analysis to trade instantly on multiple venues, from a single platform, and to minimize risk and improve efficiencies with seamless posttrade STP. Wider and deeper support for the entire trading workflow, from market awareness and liquidity/price discovery to order management, trade execution and post-trade analytics. Wider and deeper support for the entire trading workflow, from market awareness and liquidity/price discovery to order management, trade execution and post-trade analytics.

Foreign Exchange

Institutional Equities

Commodities and Energy

WE ARE THE TRUSTED CONNECTION BETWEEN PEOPLE, TRANSACTIONS AND IDEAS

The financial markets exist on connectivity: Sell-Side execution to buy side trading; Investment banking advisory to corporate development offices; Corporate investor relations and buy side investing. Thomson Reuters brings together Thomson Financials buy side, investment banking and corporate clients with Reuters sell side community to create one unique, large and global electronic marketplace The Professional Internet.

10

INTRODUCING INTELLIGENT INFORMATION

Social networking One platform Multimedia everywhere

The Customer
Search / navigation / context Simpler administration

Improved reliability & service

A web savvy, media brand that resonates with a younger audience

Aggressive community building

11

OUR COMMITTMENT
Making the merger work for our customers: Ensure continuity of service
Majority of our products wont change Business as usual for existing products

Combine the best of the assets

From the first day: Single Global Account Directors for all Large Accounts Shortly after, single account ownership In the first 90 days: product roadmap communicated

Provide flexible technology platforms

Investing in the future of our business

12

WHAT WE ARE PLANING IN THE COMING YEAR

Apr 17, 2008 Day 1 July, 2008 Day 90 Oct, 2008 Day 180 Jan, 2009 Day 270

PRODUCTS
Delivery of Quick Wins for our customers Reuters News available on select Thomson ONE packages Reuters Messaging available with Thomson ONE IM and Thomson ONE Analytics "Lite" Thomson StreetEvents information in Reuters 3000 Xtra and Reuters Knowledge Lipper Leader Rating and Award Winner data available in Thomson ONE Wealth Management and Thomson InvestmentView Tradeweb Viewer with Reuters 3000 Xtra Tradeweb data available in Reuters 3000 Xtra and IDN IFR Commentary available in Reuters 3000 Xtra Thomson Municipal Markets Data Muni Curves available in Reuters 3000 Xtra
13

SALES AND TRADING

We power the worlds Sales and Trading community Access to the deepest pools of liquidity across asset classes; Connectivity across the largest community of financial professionals; The deepest breadth and depth of global content and analytics; A comprehensive suite of pre-trade, trade and post-trade solutions across foreign exchange, fixed income and equities; Local presence and insight supported by global scale and context.

14

FI FX IE CE

INVESTMENT MANAGEMENT
We provide asset managers a commanding view of the global real-time financial arena to see all factors that impact portfolio performance to enable them to make faster, better investment decisions on the assets they manage Access to enhanced desktop solutions, Real time analytics, rich content and integration tools; Secure, instant, and direct connectivity with market counterparts, integrated events, transcripts, briefs, filings and company guidance.

15

WEALTH MANAGEMENT
We provide Wealth Managers with scalable solutions to enable them to develop valuable market insight, increase their efficiency, more effectively serve their customers and increase their assets under management A range of delivery platforms and modular applications to provide scaled solutions for the entire wealth management community - mass affluent manager on up to high net worth and private banking professionals; Integrated brokerage and order processing; Comprehensive financial planning and asset allocation capabilities.

16

INVESTMENT BANKING
We enable investment banking professionals to monitor market events as they unfold in order to generate unique investment ideas, streamline deal analysis and better meet the needs of their customers Access to unique and core content including Reuters News, proprietary transaction data from SDC Platinum and VentureXpert, global company ownership data from Worldscope and the industrys largest collection of after market research from Investext; Complete range of delivery mechanisms; integrated workflow solutions, data feeds and proprietary portal integration tools; Mission critical content and analytical tools and the most comprehensive historical database of deals terms and conditions.

17

CORPORATE SERVICES
We provide Corporate officers - Investor Relations, Communications, Finance, Corporate Capital Markets, Research and Treasury professionals information and analysis to make swift and well informed business decisions Integrated access to institutional-quality content and proprietary analytics for in-depth market and competitive analysis (i.e., Reuters News; First Call estimates and research; StreetEvents calendar, transcripts, guidance; Worldscope fundamentals, Libor Rates, IFR research, etc.); A complete picture of emerging capital market trends, institutional sector rotations and the latest money flows; A comprehensive suite of communication services ranging from IR and PR Web sites and webcasts to live and on-demand video, and a global distribution network of institutional investors and media Access to equity and fixed income ownership analysis and data
18

ENTERPRISE
We enable the reliable delivery of electronic content and connectivity in order to drive the mission critical systems and applications that run financial institutions Technology Solutions for the trading room, middle & back office Real-time Feeds, Reference data, and Pricing Services Market Data Platform, APIs, Appliances, EDM, EMS & Open Messaging Cross-asset position & sophisticated trade & risk management Portfolio Management

19