The New News Corp Launches as Global Media and Information Services Company

  The New News Corp Launches as Global Media and Information Services Company

Business Wire

NEW YORK -- June 28, 2013

News Corp announced that it has completed the separation of its businesses
from 21st Century Fox (formerly called News Corporation), effective today at
4:30 pm EDT. The new News Corp is a leading global network of powerful,
valuable and complementary brands in news and information services, sports
programming in Australia, digital real estate services, book publishing,
digital education, and pay-TV distribution in Australia. News Corp’s global
portfolio includes Amplify, The Australian, The Courier Mail, Dow Jones, Fox
Sports Australia, Foxtel, HarperCollins, Herald Sun, The New York Post, News
America Marketing, REA, The Sun, The Sunday Telegraph, The Sunday Times of
London, The Times of London and The Wall Street Journal.

Robert Thomson, Chief Executive of News Corp, said, "We are continuing a proud
tradition and fashioning a prosperous future in the new News Corp. We have a
valuable collection of complementary companies and our task is to make the new
News more than the sum of these distinguished parts. We have a robust balance
sheet and a team of creative, energetic and passionate employees who are
determined to make the company a resounding success and to make a positive
difference in their communities."

As of the effective time above, all of the outstanding new News Corp shares
were distributed to 21st Century Fox stockholders based on a distribution
ratio of one share of new News Corp Class A or Class B Common Stock for every
four shares of 21st Century Fox Class A or Class B Common Stock, respectively.
As the distribution has now occurred, the conditions for the conditional
market for the trading of new News Corp CDIs on ASX are satisfied, and CDI
holding statements will be sent to new News Corp CDI holders on July 1, 2013.
New News Corp Class A and Class B Common Stock will begin regular-way trading
on NASDAQ under the ticker symbols “NWSA” and “NWS,” respectively, on  Monday,
July 1, 2013, and new News Corp Class A and Class B CDIs will begin trading on
ASX under the temporary ticker symbols “NNCLV” and “NNC,” respectively, on an
unconditional but deferred settlement basis on Monday, July 1, 2013 and a
normal settlement basis on Tuesday, July 2, 2013. Trading under the temporary
symbols is expected to continue for approximately two months, at which time
new News Corp Class A and Class B Common Stock will begin trading under the
permanent ticker symbols “NWSLV” and “NWS,” respectively.

More information will be available in the Form 8-K that will be filed with the
U.S. Securities and Exchange Commission by the new News Corp. The filing will
be available on the SEC’s website at www.sec.gov and on the Company’s web site
at http://www.investors.newscorp.com.

About News Corp

News Corp is a global, diversified media and information services company
focused on creating and distributing authoritative and engaging content to
consumers throughout the world.The company comprises leading businesses
across a range of media, including: news and information services, sports
programming in Australia, digital real estate services, book publishing,
digital education, and pay-TV distribution in Australia.Headquartered in New
York, the activities of News Corp are conducted primarily in the United
States, Australia, and the United Kingdom. More information: www.newscorp.com.

Contact:

News Corp
Ashley Huston, 212-416-2025
ahuston@newscorp.com