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REUTER FOUNDATION SUPPORTS UNIVERSITY OF FLORIDA IN NEWS GRAPHICS AND BROADCASTING

 NEW YORK, Feb. 23 /PRNewswire/ -- The Reuter Foundation and Reuters America Inc. have endowed a scholarship and academic support program at the University of Florida's College of Journalism and Communications.
 Director Stephen Somerville said The Reuter Foundation will provide a total of $100,000 over five years, matched in the fifth year by a $50,000 grant from the State of Florida, as the basis of a perpetual scholarship/fellowship fund.
 "The fund is aimed primarily at Latin American or Spanish-speaking American journalists with an interest in television news or news graphics," he added.
 In addition, Reuters America, Inc. will provide the college, located in Gainesville, with a full range of Reuter news and information products including news photo and news graphics services.
 The company already has provided the college with a satellite ground station necessary to receive its news services. Installation of a ground station for photo services is imminent.
 "The Reuter Foundation gift adds an important component to our minority program," said Ralph Lowenstein, dean of the college. "We are grateful for the bonus of Reuters services, which will enhance the academic life of all our students."
 In appreciation of the gifts, the college has named the largest of its five computer editing labs "The Reuter Lab," Dean Lowenstein said.
 The Reuter Foundation gift brings to $2.1 million the total of endowments earmarked for minority scholarships at the University of Florida Collage of Journalism and Communications.
 "We are very impressed with the success of the University of Florida's minority program, and with the advanced levels of computer technology and telecommunications which support it," Somerville added.
 Some 18 percent of the college's enrollment, and 13 percent of its faculty, are minority. The college has five professional broadcasting stations, six satellite ground stations and almost 400 networked computers. It has the second largest undergraduate communications program in the U.S.
 The Reuter Foundation was created in 1982 by Reuters as an educational trust with the primary goal of assisting the cause of international journalism through support of research and study. As the charitable arm of Reuters Holdings PLC (NASDAQ: RTRSY), it also supports a wide range of humanitarian causes.
 Reuters Holdings PLC is the international news and information group whose chief operating division in North and South America is Reuters America Inc.
 -0- 2/23/93
 /CONTACT: Robert Crooke of Reuters America, 212-603-3587, or Stephen Somerville of The Reuter Foundation, 011-4471-510-7431, or Ralph Lowenstein of the College of Journalism and Communications, University of Florida, 904-392-0466/
 (RTRSY)


CO: Reuters America Inc.; The Reuter Foundation ST: Florida IN: PUB SU:

PS-TS -- NY021 -- 9310 02/23/93 10:02 EST
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Date:Feb 23, 1993
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