NEW YORK, Aug. 25 /PRNewswire/ -- Thomson Reuters (NYSE: TRI; TSX: TRI; LSE: TRIL; NASDAQ: TRIN), the world's leading source of intelligent information for businesses and professionals, today announced that it has obtained UK court approval to unify its dual listed company (DLC) structure. Thomson Reuters shareholders overwhelmingly approved the unification earlier this month, and there are no additional approvals required for closing.

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The last day of trading in Thomson Reuters PLC ordinary shares on the London Stock Exchange and American Depositary Shares (ADSs) on Nasdaq will be on September 9, 2009 and the unification will close on September 10, 2009. Thomson Reuters Corporation common shares will continue to trade on the Toronto Stock Exchange (TSX) and the New York Stock Exchange (NYSE) under the symbol "TRI".

    Type of Shareholder                    Unification Consideration
    -------------------------------------------------------------------------
    Thomson Reuters PLC ordinary           Each ordinary share will be
    shareholders                           exchanged for one Thomson Reuters
                                           Corporation common share.

                                           To facilitate the holding of shares
                                           in the UK through CREST (the UK
                                           electronic settlement system),
                                           Thomson Reuters PLC shareholders
                                           will receive Depository Interests
                                           (DIs). DIs represent entitlements
                                           to common shares and have the same
                                           voting and economic interests as
                                           common shares.  However, DIs are
                                           not traded on the TSX or NYSE.
    -------------------------------------------------------------------------
    Thomson Reuters PLC ADS holders        Each ADS will be exchanged for six
                                           Thomson Reuters Corporation common
                                           shares.
    -------------------------------------------------------------------------
    Thomson Reuters Corporation common     No change to existing shares.
    shareholders
    -------------------------------------------------------------------------

Effective September 10, 2009, former Thomson Reuters PLC shareholders who receive DIs will be able to convert their DIs into common shares by contacting Computershare in Canada and the United States by phone at 1.877.624.5999 or by e-mail at globaltransactionteam@computershare.com, and in the United Kingdom and elsewhere outside of Canada/United States by phone at 44.870.702.0003, ext. 1075, or by e-mail at allukglobaltransactionteam@computershare.co.uk. Thomson Reuters will pay all applicable conversion fees between September 10, 2009 and December 10, 2009. Additional information about the DIs is available in the "Investor Relations" section of www.thomsonreuters.com.

Thomson Reuters expects settlement of newly-issued common shares and DIs to occur on or about September 14, 2009.

Holders of Thomson Reuters shares as of August 21, 2009 are entitled to receive a dividend of US$0.28 per share on September 15, 2009. Due to the timing of the closing of the unification, Thomson Reuters PLC shareholders who previously enrolled in the company's dividend reinvestment plan (DRIP) will receive this dividend in cash. Enrollment information for the Thomson Reuters Corporation DRIP is available in the "Investor Relations" section of www.thomsonreuters.com.

A more detailed expected timetable of key dates related to the proposed unification is provided below.

                             Proposed DLC Unification
              Expected Timetable of Key Events as of August 25, 2009
    --------------------------------------------------------------------------
    Deadline for settlement and           1:00 p.m. (EDT) / 6:00 p.m. (BST) on
    registration of transfers in          Wednesday, September 9, 2009
    Thomson Reuters PLC shares for
    inclusion in the Scheme of
    Arrangement
    --------------------------------------------------------------------------
    Scheme record time                    1:00 p.m. (EDT) / 6:00 p.m. (BST) on
                                          Wednesday, September 9, 2009
    --------------------------------------------------------------------------
    Last trading day for Thomson Reuters  Wednesday, September 9, 2009
    PLC ordinary shares on the London
    Stock Exchange and ADSs on Nasdaq
    --------------------------------------------------------------------------
    Effective date of Unification and     Thursday, September 10, 2009
    the Scheme
    --------------------------------------------------------------------------
    Settlement of newly-issued Thomson    Monday, September 14, 2009
    Reuters Corporation common shares
    and  Depository Interests (DIs)
    --------------------------------------------------------------------------
    Payment date for US$0.28 per share    Tuesday, September 15, 2009
    dividend for holders of Thomson
    Reuters shares as of August 21,
    2009
    --------------------------------------------------------------------------

The CUSIP and ISIN numbers for Thomson Reuters Corporation common shares and DIs will be identical and are as follows:

                                  CUSIP Number              ISIN Number
    --------------------------------------------------------------------
    Thomson Reuters Corporation   884903 10 5               CA8849031056
    Common Shares/DIs
    --------------------------------------------------------------------

Thomson Reuters

Thomson Reuters is the world's leading source of intelligent information for businesses and professionals. We combine industry expertise with innovative technology to deliver critical information to leading decision makers in the financial, legal, tax and accounting, healthcare and science and media markets, powered by the world's most trusted news organization. With headquarters in New York and major operations in London and Eagan, Minnesota, Thomson Reuters employs more than 50,000 people and operates in over 100 countries. Thomson Reuters shares are listed on the New York Stock Exchange (NYSE: TRI); Toronto Stock Exchange (TSX: TRI); London Stock Exchange (LSE: TRIL); and Nasdaq (NASDAQ: TRIN). For more information, go to www.thomsonreuters.com.

    CONTACTS

    Fred Hawrysh
    Senior Vice President, Corporate Affairs
    +1.646 223 5285
    fred.hawrysh@thomsonreuters.com

    Frank Golden
    Senior Vice President, Investor Relations
    +1.646 223 5288
    frank.golden@thomsonreuters.com

    Victoria Brough
    Head of External Affairs, EMEA
    +44 (0) 207 542 8763
    victoria.brough@thomsonreuters.com

SOURCE Thomson Reuters