Dow Jones & Company, Inc. (NYSE: DJ) and News Corporation (NYSE: NWS,
NWS.A; ASX: NWS, NWSLV) today announced that the deadline under their
merger agreement for Dow Jones stockholders to make an election to
receive Newco Class B common units in exchange for Dow Jones shares held
in certificated form is 5:00 p.m. New York City time, December 12, 2007.
Each Dow Jones stockholder who is a record holder (other than a broker,
dealer, bank or similar nominee holding shares on behalf of the
beneficial owner(s)) of certificated Dow Jones shares, meaning the
stockholder holds Dow Jones shares in certificated form directly and not
through a broker, dealer, bank or similar nominee, may elect to exchange
all or a portion of those Dow Jones shares for Class B common units of
Newco, a direct subsidiary of News Corporation that will, after the
merger, own all shares of Dow Jones, instead of receiving $60.00 in cash
for each of those Dow Jones shares. Stockholders who do not properly
make a unit election before the election deadline will receive in the
merger $60.00 in cash for each of their Dow Jones shares.
Stockholders interested in making a unit election are urged review the
proxy statement/ prospectus and accompanying election form for a
description of the steps that must be taken to properly make a unit
election. Stockholders may contact Mellon Investor Services LLC, the
exchange agent for the merger, at (800) 851-4228 with any questions
regarding the procedures for making a unit election.
ABOUT DOW JONES
Dow Jones & Company (NYSE: DJ; dowjones.com)
is a leading provider of global business news and information services.
Its Consumer Media Group publishes The Wall Street Journal, Barron's,
MarketWatch and the Far Eastern Economic Review. Its Enterprise Media
Group includes Dow Jones Newswires, Factiva, Dow Jones Client Solutions,
Dow Jones Indexes and Dow Jones Financial Information Services. Its
Local Media Group operates community-based information franchises. Dow
Jones owns 50% of SmartMoney and 33% of Stoxx Ltd. and provides news
content to CNBC and radio stations in the U.S.
ABOUT NEWS CORPORATION
News Corporation (NYSE: NWS, NWS.A; ASX: NWS, NWSLV; newscorp.com)
had total assets as of September 30, 2007 of approximately US$64 billion
and total annual revenues of approximately US$30 billion. News
Corporation is a diversified entertainment company with operations in
eight industry segments: filmed entertainment; television; cable network
programming; direct broadcast satellite television; magazines and
inserts; newspapers; book publishing; and other. The activities of News
Corporation are conducted principally in the United States, Continental
Europe, the United Kingdom, Australia, Asia and the Pacific Basin.
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