Reuters Dealing 3000 Gains Momentum In Global Marketplace.

Business Editors/High Tech Writers

SINGAPORE--(BUSINESS WIRE)--May 24, 2001

Reuters, the global news, information and technology group, today confirmed at the ACI World Congress, the growing list of major banks using Reuters Dealing 3000 since the launch of the new platform in January 2000.

Since its launch, more than twenty-five per cent of Reuters customers have upgraded to Dealing 3000 across thirty-five countries world-wide.

Reuters has worked closely with foreign exchange traders across the globe to develop the Dealing 3000 platform in order to meet the needs of both banks and individual traders. The flexibility of the platform allows a screen to be customised to a trader's specific market and trading needs, allowing up to twenty-six conversations to be open on the desktop at one time.

Launched a year ago, Dealing 3000 also facilitates anonymous electronic matching for the spot market, with an extended grid display for those who trade a variety of different currencies or a new panel display for those who trade in only one or two pairs. The most recent addition to the family of products is Reuters Dealing 3000 Forwards, which was launched earlier this year. This provides an anonymous electronic broking service for the forward foreign exchange market, trading twenty-two different currency pairs ranging from overnight to one year.

Steve Grigg, Reuters Director, Money Transactions Solutions, commented: "We have been really pleased with the take up of Dealing 3000. By working closely with our customers on the dealing floor we are confident that we have delivered a product that satisfies the needs of both a bank's business and its individual dealers. Of course, we are always looking to improve our offering and we will continue to work with our customers to develop additional services that support their needs now and in the future."

Note to editors

Reuters (about.reuters.com) premier position as a global information, news and technology group is founded on its reputation for speed, accuracy, integrity and impartiality combined with continuous technological innovation. Reuters strength is based on its unique ability to offer customers around the world a combination of content, technology and connectivity. Reuters makes extensive use of internet technologies for the widest distribution of information and news. Around 73 million unique visitors per month access Reuters content on some 1,400 Internet websites. Reuters is the world's largest international text and television news agency with 2,157 journalists, photographers and camera operators in 190 bureaux, serving 151 countries. In 2000 the Group had revenues of (pound)3.59 billion and on 31 December 2000, the Group employed 18,082 staff in 204 cities in 100 countries.

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

REUTERS CUSTOMERS ENDORSE DEALING 3000

--  Dealing 3000 and Direct

ABSA, London - David Lamb, Chief Dealer
      "In our dealing room, it is very important to view
multi-currencies instantly. Dealing 3000 helps us achieve this."

Arab Bank, London - David Kerns, Senior Dealer
      "Reuters Dealing 3000 provides comprehensive access to market
information and rates. The layout of the screen functionality enables
the user to monitor various data with ease."

Barclays, London - Simon Pepper, Foreign Exchange Trader.
      "Flexibility makes Dealing 3000 a more personable trading
application."

Citibank, North America  - Mark Casadona, Vice President,
Foreign Exchange
      "It's easier to use and has enhanced capabilities - making it a
great deal better than Dealing 2000."

Cosmorex Zurich AG - Peter Fluetsch, Senior Dealer of Money Markets
      "Our dealers could not work without Dealing 3000 Direct anymore.
The system is much more flexible. The ability to have 26 conversations
at once allows us to attract many more customers. The result is a
better pricing and service. Dealing 3000 Direct is much friendlier and
the layout can be tailored to each traders needs."

Deutsche Postbank AG, Bonn  - Markus Brockoetter, Forex Trading
      "It is really useful to be able to customise the screen to suit
the way I trade. I can have Conversational dealing, Spot and Forwards
Matching all on the same screen at once."

Garban International Money Broker, Hong Kong - Alvin Yeung,
head of NDF Desk
      "The broadcast function and multiple conversations on Dealing 3000
Direct has improved our trading operation and enhanced our customer
relationships."

Lloyds TSB, London - Neil Smith, Senior Foreign Exchange Trader
      "The review facility is much clearer and the ability to customize
your own screen is a major benefit."

Westpac Banking Corporation, Sydney - Ian MacGougan, Global Head of
Foreign Exchange.
      "Reuters is listening; with Dealing 3000 Reuters has managed to
deliver a flexible product at a reduced cost. It's ease of use and
advanced trading capabilities make Dealing 3000 the product of choice
and Reuters the ideal partner."

--  Dealing 3000 Spot and Forwards Matching

American Express, London - Paul Lamb, Senior Foreign Exchange Trader
      "The improved flexibility of the display helps us to trade more
effectively in current markets."

Bank of America, London - Paul Prebble, Senior Forwards Trader
      "The full run and split amounts make trading much more user
friendly."

ING, London - Gary Prince, Chief Forwards Dealer
      "Reuters Dealing 3000 is simply the most advanced electronic
forward trading platform on the market."

National Bank of Greece, London - Alex Buttigieg, Senior Foreign
Exchange Trader
      "I like the ability to switch between the different workspaces. It
allows me more space for my matching quotes grid for the majority of
the day."

WestLB, London - David Boyce, Senior Foreign Exchange Trader
"I can see more markets with less clicks."

About the ACI World Congress

The ACI World Congress (Association de Cambistes Internationales) takes place in Singapore on the 24th -26th May 2001. For further information see www.aci2001.com