Rupert Murdoch's Press Release on the Resignation of James Murdoch

Statement from Rupert Murdoch, Chairman and CEO of News Corporation and Chase Carey, President and Chief Operating Officer, News Corporation Regarding James Murdoch’s Decision to Step Down as Chairman of BSkyB

NEW YORK--(BUSINESS WIRE)--“We are grateful for James Murdoch’s successful leadership of BSkyB. He has played a major role in propelling the company into the market-leading position it enjoys today – and in the process has been instrumental in creating substantial value for News Corporation shareholders. We look forward to BSkyB’s continued growth under the leadership of Nicholas Ferguson and Jeremy Darroch and to James’ continued substantial contributions at News Corporation.”

About News Corporation

News Corporation (NASDAQ: NWS, NWSA; ASX: NWS, NWSLV) had total assets as of December 31, 2011 of approximately US$60 billion and total annual revenues of approximately US$34 billion. News Corporation is a diversified global media company with operations in six industry segments: cable network programming; filmed entertainment; television; direct broadcast satellite television; publishing; and other. The activities of News Corporation are conducted principally in the United States, Continental Europe, the United Kingdom, Australia, Asia and Latin America.

For more information about News Corporation, please visit www.newscorp.com.

Contacts

News Corporation
Julie Henderson, 212-852-7070
jhenderson@newscorp.com
or
Jack Horner, 212-852-7952
jhorner@newscorp.com
or
Miranda Higham, 020 7782 6462
mhigham@newscorp.com