P R E S S     R E L E A S E

Thomson Completes Acquisition of NewsEdge Corporation

TORONTO, September 27, 2001 -- The Thomson Corporation (TSE: TOC) announced today that it has completed the acquisition of NewsEdge Corporation.

The tender offer expired, as scheduled, at 12:00 midnight (EDT) on Tuesday, September 25, 2001. 17,687,928 shares (including through notices of guaranteed delivery) of NewsEdge common stock (constituting approximately 95% of the issued and outstanding shares of NewsEdge common stock) had been validly tendered and not withdrawn.

NewsEdge is a US$71 million provider of real-time news and information products and services to approximately 1,500 corporations and professional service firms worldwide. NewsEdge combines proprietary technology, content and specialized editorial processes to deliver tailored information and decision-support solutions to knowledge workers through its information products and content solutions.

About The Thomson Corporation
The Thomson Corporation (www.thomson.com), with 2000 revenues of approximately US$6 billion, is a leading, global e-information and solutions company in the business and professional marketplace. The Corporation's common shares are listed on the Toronto and London stock exchanges.

About NewsEdge
NewsEdge is a global provider of content solutions for business. Its customers include both content creators and the operators of the world's most active Web sites. NewsEdge offers technology and services for its customers to create, manage and deploy content for millions of end-users through enterprise sites, portals, publisher Web sites and distribution channels. NewsEdge services make organizations smarter, attract specialized audiences, foster high-frequency usage, promote Web site "stickiness" and ultimately cultivate commerce. NewsEdge serves thousands of sites and companies with highly targeted content solutions from the NewsEdge Refinery™, including industry-specific topics, wireless services, turn-key permission marketing and publishing tools, outsourced editorial capabilities and sub-second live news feeds and applications. The NewsEdge Refinery combines a patented combination of sophisticated technology and human editorial review to deliver highly targeted news on more than 2,000 business topics from more than 2,000 sources. NewsEdge is headquartered in Burlington, Mass., with offices and distributors throughout North America, South America, Europe, Japan and the Middle East. For more information about NewsEdge, visit www.NewsEdge.com.

- Ends -

About Dialog
Dialog is the worldwide leader in providing online-based information services to organizations seeking competitive advantages in such fields as business, science, engineering, finance and law. Its products and services, such as Dialog®, Profound® and DataStar™, offer organizations the ability to precisely retrieve data from more than 800 million unique records, accessible via the Internet or through delivery to enterprise Intranets. For almost three decades, Dialog's brands have been known for their breadth and depth of content, precision searching and speed. The Winter Corporation recently recognized Dialog for its breadth and depth of content when they named the company the Grand Prize-winner in the Database Scalability Program 2000.

Headquartered in Cary, N.C., USA, with direct operations in 30 countries, Dialog products are used by more than 20,000 corporate customers in over 100 countries. Dialog is a subsidiary of The Thomson Corporation, a leading global e-information and solutions company in the business and professional marketplace with 2000 revenues of approximately $6 billion. The Corporation's common shares are listed on the Toronto (TSE:TOC) and London stock exchanges.

For more information about Dialog, call 1-800-3-DIALOG or visit www.dialog.com. For more information about Thomson, visit www.thomson.com.

-30-

All designated trademarks used herein are the property of The Dialog Corporation or its subsidiaries. Registered marks are registered by The Dialog Corporation or its subsidiaries, U.S. Patent and Trademark Office. All other marks are trademarks or registered trademarks of their respective owners.

Investor Contacts: John Kechejian Vice President, Investor Relations The Thomson Corporation (203) 328-9470 john.kechejian@thomson.com Ron Benanto Vice President, Chief Financial Officer NewsEdge Corp. (781) 229-3000 ron.benanto@newsedge.com Media Contacts: Jason C. Stewart Director, Public Relations The Thomson Corporation (203) 328-8339 jason.stewart@thomson.com David Scott Vice President, Marketing NewsEdge Corp. (781) 229-3000 david.scott@newsedge.com

top