NEWS RELEASE
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FOR IMMEDIATE RELEASE
Contact:       Robert Crooke                 Nancy Bobrowitz
               Media Relations               Investor Relations
               Reuters America Inc.          Reuters America Inc.
               212-603-3587                  212-603-3345


REUTERS ACQUIRES CAMRA CONSULTING
COMPLETES PURCHASE OF INVESTMENT TRUST DATA BUSINESS
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London, February 3, 1999 - Reuters, the international news and information
Group, has acquired CAMRA Consulting, a leading provider of benchmark
information on UK retail funds. The audited net assets at April 30, 1998 were
64,000 pounds sterling and the consideration was not material to Reuters.

Reuters has also completed the purchase of the investment trust data business
from BT Alex. Brown International, a division of Bankers Trust International
PLC. A letter of intent was signed on June 30, 1998.

CAMRA and BT Alex. Brown are the most recent in a series of acquisitions made by
Reuters in the areas of fund performance information, shareholdings and
benchmark analysis. The others include HSW, BOPP, Citywatch and Lipper Inc. All
of these companies will now operate as a single entity under the name Lipper.

SIMON THOMSON, chief executive of Lipper commented: "CAMRA and BT Alex. Brown
extend yet further the range of information that we can provide to our clients.
By combining our businesses under a single brand, we will be able to create a
comprehensive suite of products for what is rapidly becoming a global industry."




END                                                                   (04/99)

NOTE TO EDITORS

LIPPER
Lipper group incorporates a number of businesses, which Reuters has acquired, in
the funds information, shareholder and benchmarking analysis sector. They
currently track 65,000 funds domiciled in 44 countries with assets in excess of
US$7.6 trillion. Historical performance data goes back to 1959 and includes open
ended (Mutual) funds, close-ended funds, and variable annuity (unit-linked)
funds. They will all now trade under the Lipper brand and include:

>    Lipper, the leading provider of US fund data and strategic analysis of
     European and Far Eastern savings markets.
>    Reuters Funds Information, formally Hardwick Stafford Wright (HSW), the
     second largest provider of fund performance information in the UK.
>    BOPP ISB, the leading Swiss provider of fund performance and analysis for
     the Swiss and German markets.
>    Citywatch, the leading supplier of UK equity ownership information.
>    BT Alex. Brown, which provides the securities industry with comprehensive
     data on all Investment Trusts, including the split capital sub-sector.
     Estimated Net Asset Values (NAVs) of each trust are calculated in real
     time, along with further analysis and performance. BT Alex. Brown
     investment trust business is a well-established benchmark for the industry,
     providing reliable and accurate information, as well as being the source
     for the Financial Times' NAVs.
>    CAMRA Consulting, a leading provider of asset allocation benchmark
     information for Life, Pensions and Unit Trust managers. CAMRA has recently
     been appointed by the Association of British Insurers to monitor managed
     life and pensions funds' compliance with sector asset allocation rules.

REUTERS
Reuters supplies the global financial markets and the news media with the widest
range of information and news products including real-time financial data,
collective investment data, numerical, textual, historical and graphical
databases plus news, graphics, news video, and news pictures, reaching 457,000
users located in 57,200 organizations. Reuters designs and installs
enterprise-wide information management and risk management systems for the
financial markets as well as providing equity and foreign exchange transaction
systems. It extensively uses internet technologies for wider distribution of
information and news. The Group employed 16,699 staff in 215 cities in 91
countries at June 30, 1998.

Reuters is the world's largest news and television agency with 2,035
journalists, photographers and camera operators in 169 bureaus serving 163
countries. News is published in 25 languages.

For more details see www.reuters.com/aboutreuters/media.htm




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