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REUTERS ARRANGING 100 MILLION POUND STERLING FACILITY

 LONDON, March 8 /PRNewswire/ -- Reuters said today it had asked S.G. Warburg & Co. Ltd. to arrange on its behalf a 100 million pound sterling revolving credit facility to refinance an existing multiple option facility which matures later this year.
 The borrower is Reuters Limited under the guarantee of Reuters Holdings PLC (NASDAQ: RTRSY). The facility has a five-year maturity and carries a margin on drawings of 3/8 percent per annum and commitment commission on undrawn amounts will be 3/16 percent per annum.
 Invitations to take part in the facility will be limited to banks participating in the existing facility plus a number of other relationship banks.
 Reuters announced in February a 12.6 percent rise in pretax profits for the year ended Dec. 31, 1992, to 383.2 million pounds (US$578.7 million) from 340.3 million pounds (US$513.6 million) for the preceding year. Net cash in the balance sheet as at Dec. 31 was 709.8 million pounds (US$1,071.9 million).
 -0- 3/8/93
 /CONTACT: Robert Crooke of Reuters America Inc., 212-603-3587/
 (RTRSY)


CO: Reuters America Inc.; Reuters Holdings PLC ST: IN: PUB SU: FNC

CK-OS -- NY033 -- 3895 03/08/93 10:17 EST
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Publication:PR Newswire
Date:Mar 8, 1993
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