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Attention Business Editors
Thomson Reuters and its Foundation Give $300,000 for Myanmar Cyclone Crisis Relief
NEW YORK, May 14 /CNW/ -- Thomson Reuters (NYSE: TRI; TSX: TRI; LSE:
TRIL; Nasdaq: TRIN), the world's leading source of intelligent information for
businesses and professionals, today announced that Thomson Reuters and its
Foundation will support disaster relief efforts in Myanmar with a donation
totaling $300,000. The commitment will directly fund relief agencies that
have gained access to areas devastated by Cyclone Nargis through the
Foundation's AlertNet International Disaster Fund (AIDfund), an independent
grant-making fund that disburses cash grants for specific aid projects
immediately after disasters.
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(Logo: http://www.newscom.com/cgi-bin/prnh/20080424/NYTH069LOGO )
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The Foundation is donating $200,000 to AIDfund, supplemented by an
additional $100,000 contribution from Thomson Reuters. After reviewing relief
agency submissions, AIDfund has elected to distribute cash grants to the
following non-governmental agencies:
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-- Adventist Development and Relief Agency (ADRA) - Austria
-- British Red Cross
-- Christian Aid
-- HelpAge International
-- Muslim Aid
-- World Vision International
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The agencies will be providing food parcels including rice, oil, pulses
and dried fish, water purification tablets, clean water systems, blankets,
clothing and temporary shelter. These projects will be able to deliver much
needed support to many thousands of beneficiaries with the Christian Aid
project alone aiming to reach 100,000 people. HelpAge International will
target the most vulnerable including older people, children, pregnant women
and the disabled.
Commenting on the announcement, Monique Villa, chief executive officer of
the Reuters Foundation said, "The point of AIDfund is to get cash fast to
relief agencies already on the ground in Myanmar. These agencies are the ones
most able to make a difference in this critical period when lives can still be
saved. All the agencies we've chosen have been active in the country for
years. They have the local knowledge and connections to get relief where it's
needed quickly."
Supported by the Reuters Foundation, AIDfund is an independent fund which
provides immediate support to humanitarian organizations working on the
frontline of emergency relief. AIDfund experts, drawn from the relief
industry, rapidly assess the merits of grant applications made by the more
than 400 member aid organizations in the Foundation's AlertNet program.
AlertNet (www.alertnet.org) provides relief professionals and the wider
public up-to-date information on humanitarian crises around the world.
AlertNet for Journalists, a set of tools and resources to help reporters
worldwide cover difficult crises, includes detailed crisis briefings, aid
agency contacts, humanitarian statistics and early warning of disasters.
Reuters Foundation runs four core programs: journalism training, Reuters
AlertNet, the inception and creation of Aswat al Iraq (www.aswataliraq.info)
and part-funding of the Reuters Institute for the Study of Journalism at the
University of Oxford. It is expected to continue to run these programs while
expanding to take on more initiatives to reflect the expertise, global
community and strategic business goals of Thomson Reuters.
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About Thomson Reuters
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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, legal, tax and accounting, scientific, healthcare and
media markets, powered by the world's most trusted news organization. With
headquarters in New York and major operations in London and Eagan, Minnesota,
Thomson Reuters employs more than 50,000 people in 93 countries. Thomson
Reuters shares are listed on the New York Stock Exchange (NYSE: TRI); Toronto
Stock Exchange (TSX: TRI); London Stock Exchange (LSE: TRIL); and Nasdaq
(Nasdaq: TRIN). For more information, go to www.thomsonreuters.com.
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CONTACTS
Fred Hawrysh Frank DeMaria
Global Director, Corporate Affairs Global Director, Media Relations
1.203 539 8314 1.646 223 5507
fred.hawrysh@thomsonreuters.com frank.demaria@thomsonreuters.com
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/For further information: Fred Hawrysh, Global Director, Corporate
Affairs, +1-203-539-8314, fred.hawrysh@thomsonreuters.com, or Frank DeMaria,
Global Director, Media Relations, +1-646-223-5507,
frank.demaria@thomsonreuters.com Web Site: http://www.thomsonreuters.com
http://www.alertnet.org/
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