Reuters Group PLC

RE: REUTERS GROUP 
    CHF 25,000,000.00
    MATURING: 10-Nov-2005
    ISSUE DATE: 09-Nov-2001
    ISIN: XS0138571723

PLEASE BE ADVISED THAT THE INTEREST RATE FOR THE PERIOD
09-Oct-2003 TO 10-Nov-2003 HAS BEEN FIXED AT 0.213330 PCT.

INTEREST PAYABLE VALUE 10-Nov-2003 WILL AMOUNT TO
CHF 18.96 PER CHF 100,000.00 DENOMINATION.

IF YOU HAVE ANY QUERIES PLEASE CONTACT THE RATE FIX DESK ON
TEL: 44 020 7508 3858/3855 OR FAX: 44 020 7508 3881.