RNS Number:5745M
Reuters Group PLC
20 June 2003



20 June 2003                                          06/03


REUTERS - CHANGES TO MANAGEMENT STRUCTURE


London -- As part of its Fast Forward programme to accelerate the transformation
of its business, Reuters has announced changes to simplify its senior management
structure.


Operational management of the business will be brought under the direct control
of the Group Management Committee, which is chaired by Chief Executive Tom
Glocer.


As part of these changes, Philip Green, Chief Operating Officer and Executive
Director, has chosen to leave the company effective 30 June. The position of
Chief Operating Officer will be eliminated.


Philip Green joined Reuters as Chief Executive, Reuters Trading Systems in 1999
from DHL International, where he was Chief Operating Officer, Europe and Africa.
He became Reuters Chief Operating Officer in 2001.

Tom Glocer, Reuters Group Chief Executive, said: "The purpose of this management
change is to slim down and bring greater focus to senior management as we
reshape Reuters business. We have undertaken to reduce costs and I believe it is
imperative that we cut expenditure at every level in the company.


"Bringing operational management under the direct control of the Group
Management Committee will concentrate senior management's attention on the
day-to-day changes needed to take this company to peak performance. This change
comes at a time when Reuters is making good progress in line with existing
guidance.

"Like all the changes being made to return Reuters to financial strength, this
move has been difficult for all of us in the company. Philip has made a valuable
and enduring contribution to Reuters and leaves with our thanks and warm
wishes."



ENDS



Contacts


Press - UK, Tel: +44 (0) 20 7542 7800
Simon Walker
simon.walker@reuters.com

Investors - UK, Tel: +44 (0) 20 7542 7057
Miriam McKay
miriam.mckay@reuters.com

Investors and press - USA, Tel: +1 646 223 5220
Nancy Bobrowitz
nancy.bobrowitz@reuters.com



Note to Editors


Reuters (www.about.reuters.com), the global information company, provides
indispensable information tailored for professionals in the financial services,
media and corporate markets. Our information is trusted and drives decision
making across the globe based on our reputation for speed, accuracy and
independence. We have 16,000 staff in 94 countries, including some 2,400
editorial staff in 197 bureaux serving approximately 130 countries, making
Reuters the world's largest international multimedia news agency. In 2002, the
Reuters Group had revenues of #3.6 billion.

Reuters and the sphere logo are the trademarks of the Reuters group of
companies.


This statement may be deemed to include forward-looking statements relating to
Reuters within the meaning of Section 27A of the US Securities Act of 1933 and
Section 21E of the US Securities Exchange Act of 1934. Certain important factors
that could cause actual results to differ materially from those disclosed in
such forward-looking statements are described in Reuters Annual Report and Form
20-F 2002 under the heading 'Risk Factors'. Copies of the Annual Report and Form
20-F are available on request from Reuters Group PLC, 85 Fleet Street, London
EC4P 4AJ.








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