Antoinette Cook Bush Named Executive Vice President and Global Head of Government Affairs for New News Corporation

News Corporation (NASDAQ: NWS, NWSA; ASX: NWS, NWSLV) today announced the appointment of Antoinette Cook Bush as Executive Vice President and Global Head of Government Affairs for the new News Corporation, the proposed global publishing entity to be formed as part of the Company’s intended separation into two independent, publicly traded companies. In her new role, effective June 24, Ms. Bush will report to Robert Thomson, Chief Executive Officer of the new News Corporation, and be based in Washington, D.C.

Antoinette Cook Bush

Ms. Bush joins the new News Corporation from Skadden, Arps, Meagher & Flom LLP, where, over her nearly 20-year tenure, she rose to become the Partner in charge of its Communications Group. In this role, she represented leading media/entertainment and telecom entities in regulatory, legislative and transactional matters.

Mr. Thomson commented, "Toni is pre-eminent in her vast and subtle knowledge of policy, and in her appreciation of the profound social efficacy of news, information and education. She will be an important member of the new News team, not just in navigating, but in creating and in leading."

"I’m thrilled to be joining Robert and his team at the new News Corporation at such a momentous time in the Company’s journey,” said Ms. Bush. "Having worked with News Corporation for many years as a legal advisor, I’m honored to have been asked to serve this important role from inside the Company. As a big believer in the power of news, information and education to transform societies, I look forward to communicating the Company’s mission to key audiences in Washington and around the world.”

Ms. Bush also served as Executive Vice President of Northpoint Technology Ltd. from 2001 to 2003. Prior to her first stint at Skadden, Arps, Ms. Bush served as Senior Counsel to the Communications Subcommittee of the U.S. Senate Commerce, Science and Transportation Committee, which has oversight for the Federal Communications Commission (FCC), and the National Telecommunications and Information Administration. In this role, she was the principal staff person responsible for legislation involving communications issues, including the Cable Television Act of 1992. From 1981 until she joined the U.S. Senate Committee staff, Ms. Bush practiced communications law in Washington, D.C.

Ms. Bush serves on the Boards of The HistoryMakers, The Colonial Williamsburg Foundation, Advocates for Justice and Education, The Campaign to Prevent Teen Pregnancy and The Meyer Foundation. She holds a J.D. from Northwestern University Law School and a B.A. from Wellesley College.

News Corporation Separation

On June 28, 2012, News Corporation announced its intent to pursue the separation of its business into two separate independent companies, one of which will hold the Company’s global media and entertainment businesses and the other which will hold the businesses comprising News Corporation’s newspapers, information services and integrated marketing services, digital real estate services, book publishing, digital education and sports programming and pay-TV distribution in Australia. In addition to final approval from the Board of Directors and stockholder approval of certain amendments to the Company’s Restated Certificate of Incorporation, the completion of the separation will be subject to receipt of regulatory approvals, opinions from tax counsel and favorable rulings from certain tax jurisdictions regarding the tax-free nature of the transaction to the Company and to its stockholders, further due diligence as appropriate, the execution of certain agreements relating to the distribution, and the filing and effectiveness of appropriate filings with the SEC. There can be no assurances given that the separation of the Company's businesses as described will occur.

About News Corporation

News Corporation (NASDAQ: NWS, NWSA; ASX: NWS, NWSLV) had total assets as of March 31, 2013 of approximately US$68 billion and total annual revenues of approximately US$35 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.

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