Reuters Third Quarter Trading Statement

This statement refers to Reuters revenue only. Instinet Group, which is treated as a discontinued operation in anticipation of its planned disposal, reports separately on 2 November 2005.

Financial highlights

• Q3 total revenue of £611 million (Q3 2004: £566 million), up 8% on an actual basis (1% on an underlying basis)
• Q3 recurring revenue of £574 million (Q3 2004: £528 million), up 9% on an actual basis (1.5% on an underlying basis).

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