THOMSON REUTERS 2012 OUR BUSINESS

1. REUTERS/Cheryl Ravelo THOMSON REUTERS 2012 OUR BUSINESS July 2012

2. Thomson Reuters is . . . The world’s leading source of intelligent information for businesses and professionals. We combine industry expertise and innovative technology to deliver critical information to leading decision makers. We are the world’s most trusted news organization. We serve professionals in the financial and risk, legal, tax and accounting, intellectual property and science and media markets.

3. Financial Overview 12% 30% 58% Listed on the NYSE and TSX – symbol TRI 2011 Revenue – $12.9 billion Revenue by region:

4. Global Presence We employ approximately 60,000 people and operate in over 100 countries. Our top 10 locations ranked by numbers of employees are: • Eagan MN, U.S.A. • Bangalore, India • London, U.K. • New York NY, U.S.A. • Manila, Philippines • Hyderabad, India • Beijing, China • Bangkok, Thailand • Buenos Aires, Argentina • Toronto ON, Canada REUTERS/Darren Staples

5. Corporate profile Industry Leader • #1 or #2 in our markets • Ranked #37 Best Global Brands • Listed among Ethisphere Institute’s Most Ethical Companies Attractive Business Model • 86% of portfolio recurring revenue • Proprietary databases and deeply embedded workflow tools and analytics • 90% electronic, software and services

6. Experienced Leadership Team

7. Our business Legal Financial & Risk Tax & Accounting IP & Science Trading Large Law Firms Corporate Intellectual Property Investors Small Law Firms Professional Scientific & Scholarly Research Marketplaces General Counsels Knowledge Solutions Life Sciences Governance Risk & Compliance Government Government Global Growth & Operations Reuters News Media

8. Our Businesses & Customers – Fast Facts • Financial & Risk • The 25 largest global banks • More than 5,000 investment firms and hedge funds worldwide • Over 40,000 customers and 400,000 end users in over 155 countries • Tax & Accounting • All of the “Big 4” accounting firms • 94 of the Top 100 law firms • 95 of the Fortune 100 • 100 of the Top 100 CPA firms • Leading global provider to national, state and local governments • Legal • 100% of the Top 100 U.S. law firms • 100% of the ABA accredited law schools • Over 80% of the Fortune 500 • Leading global provider to national, state and local governments • IP & Science • More than 15,000 customers and 20 million end users globally • Academic institutions, researchers, government agencies, corporations, pharmaceutical and biotech companies

9. Financial & Risk Segment Key Products Customers Competitors Trading Eikon Elektron 3000Xtra Real Time Enterprise Platform • Trading professionals, salespeople, brokers & financial analysts • Investment banks, asset managers, custodians, hedge funds, prime brokers, proprietary traders Bloomberg SunGard Telekurs IDC Markit Investors Thomson ONE Datascope Datastream • Portfolio managers, buy-side research analysts, investment bankers, consultants, private equity professionals, wealth management professionals, lawyers Bloomberg FactSet S&P Capital IQ Morningstar Marketplaces Dealing Matching Tradeweb • FX & money market traders • Sales desks, hedge funds and voice brokers • Institutional fixed income traders ICAP EBS FXall MarketAxess Governance, Risk & Compliance Accelus • Banking & Corporate compliance officers • Audit and risk management professionals • Law firms WoltersKluwer Reed Elsevier

10. Legal Segment Key Products Customers Competitors Large Law Firms WestlawNext Westlaw Litigator Elite 3E Hubbard One • Lawyers • Legal librarians • Other legal professionals Reed Elsevier WoltersKluwer SAP Aderant Bloomberg Small Law Firms WestlawNext Westlaw Litigator Findlaw Reed Elsevier WoltersKluwer • Lawyers • Legal librarians • Other legal professionals General Counsels WestlawNext Pangea3 Serengeti • Corporate legal professionals Reed Elsevier WoltersKluwer Government WestlawNext Westlaw PeopleMap CLEAR • Government agencies • National, State & Local Courts Reed Elsevier WoltersKluwer

11. Tax & Accounting Segment Key Products Customers Competitors Corporate • Corporations • Law firms • Banks & Trusts • Large accounting firms WoltersKluwer (CCH) CSC Datev Iris ONESOURCE Professional WoltersKluwer (CCH) Intuit Drake Software CS Professional Suite Enterprise Suite • Large accounting firms • Small to medium accounting firms Knowledge Solutions • Accounting firms • Corporate tax departments • Finance & accounting departments • Law firms & Government agencies WoltersKluwer (CCH) Bloomberg (BNA) Checkpoint Government • National, state and local governments responsible for property registration, tax generation and collection CCI Local government ERP vendors Government Revenue Management (GRM)

12. Intellectual Property & Science Segment Key Products Customers Competitors Intellectual Property Serion IP Manager Westlaw IP Innovation • IP counsel, attorneys, information professionals • Heads of research & development • Licensing & marketing executives, business strategists, trademark attorneys, paralegals & intelligence analysts in corporations & law firms CPA Global Reed Elsevier CAS Scientific & Scholarly Research Web of Knowledge Endnote ScholarOne Incites • Research scientists & scholars at government agencies • Research libraries at universities & colleges Reed Elsevier WoltersKluwer Proquest CAS Life Sciences Cortellis Integrity GeneGo IDRAC Newport CAS Reed Elsevier CPA Global WoltersKluwer • Business development, licensing & investment professionals at pharmaceutical & biotechnology companies

13. News • With 3,000 journalists reporting from nearly 200 bureaus in 20 languages, Reuters is the world’s biggest, and most global, news organization. Its trusted content provides news, insight and analysis to over a billion people every day and is a vital component embedded in our professional products and services.

14. Media • Reuters is also the world's largest international news agency, a leading provider of real-time, high-impact, multimedia news and information services to newspapers, television and cable networks, radio stations and websites around the globe. • Newswires • Video • Pictures • Digital Syndication • Graphics • FinancialInformation REUTERS/Carlo Allegri

15. THE THOMSON Reuters foundation • Empowers people in need around the world with trusted information and free legal assistance. • Works for better governance, greater transparency, more effective humanitarian relief and a robust global press. Trust.org brings together three core programs: TrustLaw launched in 2010, is a global center for free legal assistance and news and information on anti-corruption, pro bono and women’s rights. AlertNet is a free humanitarian news service covering crises worldwide and providing trusted news and information on natural disasters, conflicts, refugees, hunger, diseases and climate change. TrustMedia is our journalism and media-training program dedicated to improving standards of journalism around the world since 1982. TrustMedia also implements media development projects in regions where they are most needed.

16. Corporate responsibility Corporate Responsibility is our commitment to treating people, the environment and the society in which we operate with integrity and respect. Community Strengthening the communities and societies in which we operate. Our Community Champion Awards have donated $1M to charities since 2011. Marketplace Making a positive difference in the marketplace for customers, suppliers and partners. Listed as one of the World’s Most Ethical Companies by the Ethisphere Institute for the third consecutive year. Environment Protecting and preserving the environment on which we all depend. Invested in 22 additional telepresence suites in 2011 which reduced travel for 3,000 hours of meetings per month. Workplace Creating a company culture and workplace that promotes diversity, mutual respect, and safeguards the health and safety of all employees. Scored 90/100 in the Human Rights Campaign Corporate Equality index.