Statutory results
 
                           Three months to                             Year to
                              30 September       % Change          31 December
                           2003     2002    Actual    Underlying          2002
Revenue                      £m       £m                                    £m
--------------------      -------  -------    ------      --------    ----------
Reuters                     658      716        (8%)         (12%)       2,992
Instinet                    132      141        (6%)          (2%)         592
--------------------      -------  -------    ------      --------    ----------
                            790      857        (8%)         (10%)       3,584
Share of joint ventures      25       28       (12%)          (3%)         107
revenue
Intra-group revenue          (1)      (2)      (25%)         (26%)          (9)
--------------------      -------  -------    ------      --------    ----------
Gross revenue               814      883        (8%)         (10%)       3,682
--------------------      -------  -------    ------      --------    ----------
Less share of joint
ventures revenue
                            (25)     (28)      (12%)          (3%)        (107)
--------------------      -------  -------    ------      --------    ----------
Group revenue               789      855        (8%)         (10%)       3,575
--------------------      -------  -------    ------      --------    ----------