Stanley S. Shuman Resigns from Board of Directors; Shuman to Become Director-Emeritus of News Corporation

Mr. Shuman, who is managing director of Allen and Company LLC, hasbeen a director of News Corporation since 1982. He will continue hisassociation with the Company as Director-Emeritus, attending Boardmeetings but not voting on resolutions.

Mr. Shuman said: "In order to permit News Corporation to comewithin applicable governance provisions by having its Board comprisedof a majority of independent directors, I have decided to resign as aDirector. I have been immensely privileged to serve on News Corp.'sBoard for these many years and look forward to continuing myassociation with the Company in my new position as Director-Emeritus."

Mr. Shuman will not be replaced on the Board of Directors.Following Mr. Shuman's resignation, the Board will be reduced to 13members, a majority of whom are independent directors.

Commenting on Mr. Shuman's resignation, News Corporation Chairmanand Chief Executive Officer Rupert Murdoch said: "Stan has been anoutstanding director for the past 23 years as News Corp. has grownfrom a relatively small company focused on newspapers into one of theworld's biggest and most diversified media companies. His broadknowledge of the industry, his sage advice and his firm friendshiphave been deeply valued. We are fortunate to be able to count onStan's opinions in the future as he continues to contribute to ourCompany as Director-Emeritus. All News Corp. stockholders owe Stan adebt of gratitude for the great work he has done for our Company overthe years."

News Corporation (NYSE: NWS, NWS.A; ASX: NWS, NWSLV) had totalassets as of June 30, 2005 of approximately US$55 billion and totalannual revenues of approximately US$24 billion. News Corporation is adiversified international media and entertainment company withoperations in eight industry segments: filmed entertainment;television; cable network programming; direct broadcast satellitetelevision; magazines and inserts; newspapers; book publishing; andother. The activities of News Corporation are conducted principally inthe United States, Continental Europe, the United Kingdom, Australia,Asia and the Pacific Basin.

For more information about News Corporation, please visitwww.newscorp.com.