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Loan Pricing Corporation and the LSTA Add Reuters Bond Information to their Mark-to-Market Pricing Alerts

NEW YORK, October 7, 2002--Loan Pricing Corporation (LPC) and The Loan Syndications and Trading Association (the LSTA) announced today the addition of Reuters High Yield Bond trade information to their highly successful LSTA/LPC Daily Mark-to-Market Alerts.

The additional bond data further enhances the Daily Mark-to-Market Alerts by highlighting key bond trades, which are often used by different segments of the market as secondary market activity indicators.

Daily email alerts offer value added information for secondary market participants, and the addition of high yield bond trade data will enable investors to conduct more real-time relative value analysis between bonds and secondary loan performance. By combining these two key pieces of information market players will now have the ability to make quick and timely analysis and decisions based on leading market information.

"With the addition of Reuters High Yield Bonds, investors are provided with a comprehensive source of market data that is crucial for evaluating investment decisions," said Karl Mackelburg, Director of Reuters Pricing Service. "Customers of the LSTA/LPC Daily Mark-to-Market Alerts will truly benefit by having the ability to monitor the performance of high yield bonds and bank loan debt together."
"The combination of High Yield Bond information with the Daily Mark-to-Market Alerts is a win-win for our customers," said Christine Galiardo, Vice President of LPC. "More and more industry professionals expect integrated information delivered to them, when and where they want it and by adding premium Reuters information to our email alerts they are getting precisely what they need where they need it most," she added.

"The LSTA believes that including the active bond trading data in with the active loan trading data, is a clear reflection of the investor in loans today. No longer are just banks interested in investing in loans; mutual funds, pension funds, typical bond and equity investors are all investing in loans as an alternative investment asset class. We believe that this enhancement in our LSTA/LPC MTM Pricing product will provide considerable value to customers of the service and LSTA Full Members." remarked Allison Taylor, Executive Director of the LSTA.

About Loan Pricing Corporation
Loan Pricing Corporation (LPC), a Reuters Company, has provided financial institutions around the world with the most complete and accurate information on bank loans since 1985. LPC's reach on loan market news and information spans across the United States, Europe, Eastern Europe, Middle East, Africa, Latin America and Asia with market news delivered via publications, on-line news services, and databases. LPC has earned its position as the authoritative source of loan market information and analysis by its constant attention to the loan industry and development of state-of-the-art products and services for bankers, borrowers, and loan investors.

About Reuters
Reuters (NASDAQ:RTRSY) (www.about.reuters.com) is the leading global provider of financial information, news and technology solutions to financial institutions, the media, businesses and individuals. Reuters strength is our unique ability to offer customers a combination of content, technology and connectivity. Our premier position is founded on continuous technological innovation and a reputation for speed, accuracy, integrity and impartiality. We have over 18,140 staff in 97 countries, including some 2,498 editorial staff in 198 bureaux serving approximately 150 countries, making it the world's largest international multimedia news agency. In 2001, Reuters had revenues of (pound)3.9 billion.

Reuters and the sphere logo are the trademarks of the Reuters group of companies.
About The Loan Syndications and Trading Association:
Founded in 1995, The Loan Syndications and Trading Association (the LSTA) is a not-for-profit trade association committed to the orderly development of a fair, efficient and professional trading market for commercial loans. The LSTA was formed in response to exponential growth in loan trading volume in the secondary debt market. The LSTA's mission has grown to include the full scope of issues relating to syndicated lending and loan trading. Leaders from throughout the industry comprise the bulk of LSTA's membership. Through the Association and its activities, the membership takes an active role in identifying and addressing key industry issues that ultimately lead to establishing standard market practices and procedures.

For more information contact:

Loan Pricing Corporation
Kevin Elphick
Tel: 212-833-9362
Email: kelphick@loanpricing.com

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