27 Jul 2007 16:49

Thomson Extel in partnership with Interfax announce results of the first Focus Russia Survey

London/Moscow, 27 June 2007 – Thomson Financial, an operating unit of The Thomson Corporation (NYSE: TOC, TSX: TOC) and leading provider of information and technology solutions to the worldwide financial community, in partnership with Interfax, the leading Russian news agency, yesterday announced the results of the first Focus Russia Survey covering brokerage research services provided to asset managers. The Survey, which was conducted from 19 March to 04 June 2007, had responses from 152 buyside firms in 12 countries, and with over half participants from Western Europe or North America, the Thomson Extel Focus Russia Survey sets a new benchmark to assess brokerage firms and analysts qualities.

Key results from the Thomson Extel Focus Russia Survey include:

Leading Brokerage Firm – Focus Russia 2007:
1 Renaissance Capital (18.98%)
2 Deutsche UFG (15.08%)
3 UBS (12.62%)

Leading Individual Analyst – Focus Russia 2007:
1 Al Breach, UBS (5.99%)
2 David Nangle, Renaissance Capital (5.11%)
3 Roland Nash, Renaissance Capital (4.93)

Leading Asset Management Firm – Focus Russia 2007:
1 Hermitage Capital Management (9.09%)
2 Deutsche UFG Asset Management (7.74%)
3 Renaissance Investment Management (7.21%)

In addition there were 11 separate sector categories, with Renaissance topping 6 of them, and Deutsche Bank/UFG 2, Troika 1, UBS Brunswick 1 and Citi Investment Research 1

The Awards Event for Focus Russia 2007 were held at the Russian Chamber of Commerce in Moscow, with an introductory address by Oleg Safonov, CEO of RTS Stock Exchange. Over 100 senior representatives from the brokerage community, fund managers, corporates and the media attended.

Mikhail Matovnikov, General Director of Interfax Business Service, the strategic partner of Thomson Financial in Russian and CIS, said:

“We were very pleased to extend our cooperation with Thomson Financial in IR services for customers in Russia and CIS to the new area of buy-side rankings. Russian financial markets increasingly have their own dynamics and are more and more driven by corporate news and industry developments rather than oil prices and global indices as before. As a result there is growing interest for investment research on the part of Russian and global investors, and we witness also increased interest of issuers in investment research along with the trend for more open and consistent corporate communication with investment community.”

Steve Kelly, Global Head of Thomson Extel Surveys, commented:

“We are delighted with the first Focus Russia Survey, both with the excellent response we have achieved, and in being able to partner with Interfax. The Russian equity market is perhaps the most vibrant and dynamic in Europe, and we know fund managers are placing real value on high quality research & advisory services. Focus Russia recognises that excellence.”

Copies of the complete report, with commentary, extensive market trends data and full rankings of sell-side, quoted companies and asset managers, can be ordered from Thomson Extel Surveys.

About Thomson Extel:

Thomson Extel (www.extelsurveys.com) is part of Thomson Financial. With 2006 revenues of US$2 billion, Thomson Financial 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. Thomson Financial is part of The Thomson Corporation (www.thomson.com), 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).

About Interfax:

Interfax Information Services Group provides news and other information products that are essential for decision-makers in politics and business. Set up in 1989, Interfax Group brings together a network of national, regional, and specialised news agencies operating throughout Russia and other CIS countries, as well as in China and Central Europe. The Group includes companies and divisions that provide news, analytical services, market data, fundamental information and develop software solutions.

Moody‘s Investors Service is Interfax‘s partner in Moody‘s Interfax Rating Agency, Russia‘s leading national rating agency. At the end of 2004, the Group set up the Experian-Interfax credit bureau, which is a joint venture with the global leading information solutions company Experian. Thomson Financial, a division of Thomson Corporation, is Interfax‘s strategic partner in investor relations (IR).