Nine Global Dealers and Thomson Financial Complete the Formation of Premier Electronic Trading Venture Using TradeWeb

STAMFORD, Conn., Jan. 3  /PRNewswire-FirstCall/ -- Thomson Financial, an operating unit of The Thomson Corporation (TSX: TOC, NYSE: TOC), and TradeWeb, announced today that they have completed a strategic partnership with nine of the world's leading global dealers, announced on October 11, 2007. This partnership will help drive the expansion of electronic trading, utilizing TradeWeb's leading multi-dealer-to-client marketplace for fixed income and derivatives to create a global multi-asset class execution venue for clients.

Under the terms of the agreement, the dealers invested approximately $180 million to purchase a 15% stake in TradeWeb's established markets. Thomson Financial has contributed its equity trading-related assets, including AutEx and the Thomson Order Routing network to TradeWeb. In addition, Thomson and the dealers agreed to fund additional investment in order to expand the TradeWeb platform to new asset classes, including equities and derivatives, such as interest rate and credit default swaps.

The dealers that have partnered with TradeWeb are: Credit Suisse, Deutsche Bank, Goldman Sachs, JPMorgan, Lehman Brothers, Merrill Lynch, Morgan Stanley, The Royal Bank of Scotland, and UBS. All nine firms will participate in a range of TradeWeb markets, including interest rate swaps, providing a significant opportunity for institutional investors to benefit from the efficiencies of electronic trading.

About The Thomson Corporation

The Thomson Corporation (http://www.thomson.com/) is a global leader in providing essential electronic workflow solutions to business and professional customers.  With operational headquarters in Stamford, Conn., Thomson provides value-added information, software tools and applications to professionals in the fields of law, tax, accounting, financial services, scientific research and healthcare.  The Corporation's common shares are listed on the New York and Toronto stock exchanges (NYSE: TOC; TSX: TOC).  Thomson Financial, with 2006 revenues of U.S. $2 billion, is a provider of information and technology solutions to the worldwide financial community. Through the widest range of products and services in the industry, Thomson Financial helps clients in more than 70 countries make better decisions, be more productive and achieve superior results.

About TradeWeb

TradeWeb is a leading over-the-counter, multi-asset class marketplace, and a pioneer in the development of electronic trading and trade processing. The company provides services in the fixed income, derivatives and equity markets to clients in more than 50 countries. Since 1998, TradeWeb has operated a global trading network, which harnesses the distribution of the major investment banks with over 2,200 institutional clients. With its expansion into the equity markets, TradeWeb is leveraging AutEx, the industry leader for 40 years in providing indications of interests, and Thomson Order Routing, a global FIX network with more than 6,000 connections to over 750 firms.

This news release includes forward-looking statements which are based on certain assumptions and reflect The Thomson Corporation's current expectations. Forward-looking statements include, without limitation, the Corporation's beliefs that the venture will help drive the expansion of electronic trading on TradeWeb. All forward-looking statements in this news release are subject to a number of risks and uncertainties that could cause actual results or events to differ materially from current expectations. Some of the factors that could cause actual results to differ materially from current expectations include risks related to changes in the general economy and actions of TradeWeb's competitors. Additional factors are discussed in the Corporation's materials filed with the securities regulatory authorities in Canada and the United States from time to time, including the Corporation's latest annual information form, which is contained in its most recently filed annual report on Form 40-F. The Corporation disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, other than as required by law. 

DATASOURCE: Thomson Financial



CONTACT:  Media, Simon Hylson-Smith of TradeWeb (U.S.), [phone],

, Cara Kiewel of TradeWeb (Europe-Asia),

[phone], ; or Sally Cates of Thomson

Financial, [phone], ; or Fred Hawrysh of The

Thomson Corporation, [phone], ; or Investors,

Frank J. Golden, Investor Relations of The Thomson Corporation,

[phone],  



Web site:  http://www.thomsonfinancial.com/

http://www.thomson.com/ 

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