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2015-05-22

Thomson Reuters Corporation : Thomson Reuters Announces Annual Renewal of Normal Course Issuer Bid

NEW YORK, May 22, 2015
- Thomson Reuters (TSX / NYSE: TRI), the world's leading source of intelligent
information for businesses and professionals, today announced that it has
received approval from the Toronto Stock Exchange (TSX) for the annual
renewal of its normal course issuer bid (NCIB).

Under the renewed NCIB, up to 30 million common shares (representing
approximately 3.8% of the total outstanding shares) may be repurchased
between May 28, 2015 and May 27, 2016. The renewed NCIB reflects the same
number of shares as the company's NCIB that expires later this month.

Under the NCIB that expires later this month, Thomson Reuters has repurchased
30 million common shares for a total cost of approximately US$1.16 billion,
representing an average price of US$38.67 per share.

Earlier this month, the company announced plans to repurchase an additional $1
billion of its common shares by the end of 2016. Decisions regarding any
future repurchases will be based on market conditions, share price and other
factors, including opportunities to invest capital for growth.

Under the renewed NCIB, shares may be repurchased in open market transactions
on the TSX, the New York Stock Exchange (NYSE) and/or other exchanges and
alternative trading systems, if eligible, or by such other means as may be
permitted by the TSX and/or NYSE or under applicable law, including private
agreement purchases if Thomson Reuters receives an issuer bid exemption order
in the future from applicable securities regulatory authorities in Canada for
such purchases. The price that Thomson Reuters will pay for common shares in
open market transactions will be the market price at the time of purchase or
such other price as may be permitted by the TSX. Any private agreement
purchases made under an exemption order will generally be at a discount to
the prevailing market price. In accordance with TSX rules, any daily
repurchases (other than pursuant to a block purchase exception) on the TSX
under the renewed NCIB are limited to a maximum of 184,791 shares, which
represents 25% of the average daily trading volume on the TSX for the six
months ended April 30, 2015 (net of repurchases made by the company during
that time period). On May 20, 2015, there were 784,310,299 Thomson Reuters
common shares outstanding. Any shares that are repurchased will be cancelled.

From time to time, when Thomson Reuters does not possess material nonpublic
information about itself or its securities, it may enter into a pre-defined
plan with its broker to allow for the repurchase of shares at times when
Thomson Reuters ordinarily would not be active in the market due to its own
internal trading blackout periods, insider trading rules or otherwise. Any
such plans entered into with Thomson Reuters broker will be adopted in
accordance with applicable Canadian securities laws and the requirements of
Rule 10b5-1 under the U.S. Securities Exchange Act of 1934, as amended.

Thomson Reuters

Thomson Reuters is the world's leading source of intelligent information for
businesses and professionals. We combine industry expertise with innovative
technology to deliver critical information to leading decision makers in the
financial and risk, legal, tax and accounting, intellectual property and
science and media markets, powered by the world's most trusted news
organization. Thomson Reuters shares are listed on the Toronto and New York
Stock Exchanges (symbol: TRI). For more information, go
towww.thomsonreuters.com.

SPECIAL NOTE REGARDING FORWARD-LOOKING STATEMENTS

Certain statements in this news release are forward-looking. These
forward-looking statements are based on certain assumptions and reflect our
company's current expectations. As a result, forward-looking statements are
subject to a number of risks and uncertainties that could cause actual
results or events to differ materially from current expectations. There is no
assurance that the events described in any forward-looking statement will
materialize. You are cautioned not to place undue reliance on forward-looking
statements which reflect expectations only as of the date of this news
release. Except as may be required by applicable law, Thomson Reuters
disclaims any obligation to update or revise any forward-looking statements.

CONTACTS

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| MEDIA INVESTORS |
|Andrew Green |
|Corporate Affairs Frank J. Golden |
|+1 646 223 4228 Senior Vice President, Investor Relations |
|andrew.green@thomsonreuters.com +1 646 223 5288 |
| frank.golden@thomsonreuters.com |
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This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Thomson Reuters Corporation via Globenewswire

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