11PT Hsbc Bk. 21

RNS Number:6517J
Thomson Corporation
7 September 2001

( BW)(THOMSON-CORP)(TOC.TO) The Thomson Corporation Sells Interest in

Newsprint Mill

   Business Editors

   TORONTO--(BUSINESS WIRE)--Sept. 7, 2001--The Thomson Corporation

(TSE:TOC) today announced that it has sold its 50 percent interest in

the Augusta Newsprint Company to The Woodbridge Company Limited, the

holding company of the Thomson family, for US$190 million.

   The Thomson Corporation obtained a 50 percent interest in the

Georgia paper mill in 1981. The Corporation's partner in the mill,

Abitibi-Consolidated Inc., will maintain its 50 percent

ownership stake. The sale of the Corporation's interest in the

newsprint company follows the decision by Thomson to exit the

newspaper business in 2000.

   BMO Nesbitt Burns was retained by Thomson as financial advisor on

the transaction and provided an opinion that the consideration

received on the transaction was fair to The Thomson Corporation.



   About The Thomson Corporation



   The Thomson Corporation (www.thomson.com), with 2000 revenues of

approximately U.S. $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.



    --30--sdg/ny*



    CONTACT:  Investor Contact:

              The Thomson Corporation

              John Kechejian

              203/328-9470

              john.kechejian@thomson.com

                            or

              Media Contact:

              The Thomson Corporation

              Jason Stewart

              203/328-8339

              jason.stewart@thomson.com

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