Thomson Reuters And Its Foundation Give $300,000 For Myanmar Cyclone Crisis Relief

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14th May 2008, 08:02pm - Views: 1037





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Thomson Reuters and its Foundation Give $300,000 for Myanmar Cyclone Crisis Relief


NEW YORK, May 14 /PRNewswire-AsiaNet/ --


    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.




    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:


     -- Adventist Development and Relief Agency (ADRA) - Austria

     -- British Red Cross

     -- Christian Aid

     -- HelpAge International

     -- Muslim Aid

     -- World Vision International



    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.


    About Thomson Reuters 

Community Charity Thomson Reuters 2 image

    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


     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


SOURCE  Thomson Reuters 

   

    CONTACT:  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



              AP Archive:  http://photoarchive.ap.org

              PRN Photo Desk, photodesk@prnewswire.com



              http://www.alertnet.org 


    (TRI TRI. TRIN)



Translations:


   Chinese - Traditional (http://asianetnews.net/Download.asp?ID=96532)



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