ASX and Reuters chip into charity golf

The Australian Stock Exchange (ASX) and Reuters Australia Pty Ltd are pleased to announce their new partnership as major sponsors of a golf event previously organised by AAP that has distributed AUD10 million to charity over the past 13 years. The ASX-Reuters Financial Markets Charity Golf Event, to be held in February 2000, will aim to raise AUD750,000. A major beneficiary will be the Financial Markets Foundation for Children, with several other charities also receiving funds from the event. ASX and Reuters have been long-term sponsors of the one-day amateur golf event. ASX Managing Director Richard Humphry and Reuters Managing Director, Australia & New Zealand, David Brocklehurst, welcomed the opportunity to increase their organisations' involvement. "The financial community has built this charity event into one of the most successful in Australia. We look forward to continuing support from our colleagues," Mr Humphry said. Mr Brocklehurst added, "Reuters and ASX anticipate a long and successful association for the benefit of Australian charities."