Thomson Reuters PLC

Notification of Transactions of Directors/Persons Discharging Managerial Responsibility or Connected Persons

NEW YORK, NY - July 3, 2008 - Thomson Reuters (NYSE: TRI; TSX: TRI; LSE: TRIL; NASDAQ: TRIN) today announced that W. Geoffrey Beattie, a member of its board of directors, has sold an aggregate of 120,382 common shares of Thomson Reuters Corporation for an average price of C$35.41 and purchased an aggregate of 28,000 American Depositary Shares of Thomson Reuters PLC (each representing six ordinary shares of Thomson Reuters PLC) for an average price of US$175.24.

These transactions were completed on or prior to June 27, 2008 and Thomson Reuters was notified of them on July 2, 2008.

Following these transactions, Mr. Beattie indirectly owns 90,000 Thomson Reuters Corporation common shares, 30,000 Thomson Reuters PLC American Depositary Shares, 5,000 Thomson Reuters PLC ordinary shares, 200,000 options in Thomson Reuters Corporation common shares and 100,859 Thomson Reuters Corporation restricted share units. 

Mr. Beattie's holdings do not exceed 1% of the issued share capital of either Thomson Reuters Corporation or Thomson Reuters PLC. 

Thomson Reuters is voluntarily making a notification relating to securities of Thomson Reuters Corporation. Under its dual listed company structure, Thomson Reuters has two parent companies - Thomson Reuters Corporation and Thomson Reuters PLC. This notification relates to a transaction notified in accordance with Disclosure Rule and Transparency Rule 3.1.4R(1)(a).

Contact:

David W. Binet

Secretary to the Board

Thomson Reuters

david.binet@thomsonreuters.com

+1 416.681.0474

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