Reuters Group PLC

RE: REUTERS GROUP
    GBP 10,000,000.00
    MATURING: 03-May-2005
    ISSUE DATE: 03-May-2002
    ISIN: XS0147276041

PLEASE BE ADVISED THAT THE INTEREST RATE FOR THE PERIOD 
03-Nov-2003 TO 03-Feb-2004 HAS BEEN FIXED AT 4.042340 PCT.

INTEREST PAYABLE VALUE 03-Feb-2004 WILL AMOUNT TO
GBP 1,016.11 PER GBP 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.