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News Corporation Announces Expected Trading Timetable For Shares Of Common Stock Of 21st Century Fox And The New News Corporation

News Corporation (NASDAQ: NWS, NWSA; ASX: NWS, NWSLV) (the "Company") today announced that, in connection with the previously announced separation of the Company into two distinct publicly traded companies, 21st Century Fox and the new News Corporation, it expects that trading of the new News Corporation Class A and Class B common stock on the “when-issued” trading market and trading of the Company’s Class A and Class B common stock in the “due-bills” and “ex-distribution” market, each on The NASDAQ Global Select Market (“NASDAQ”), will begin on June 19, 2013 and will continue through the completion of the separation, which is expected to occur after the close of trading on NASDAQ on June 28, 2013, the distribution date, as set forth in the table below (which is an indicative timetable and subject to possible change):

     
Date   Event

Wednesday, June 19, 2013

  News Corporation Class A Common Stock (NASDAQ: NWSA) (CUSIP 65248E104) begins trading with due bills and will settle on a regular-way basis (typically T+3).

 

News Corporation Class B Common Stock (NASDAQ: NWS) (CUSIP 65248E203) begins trading with due bills and will settle on a regular-way basis (typically T+3).

 

New News Corporation Class A Common Stock (NASDAQ: NWSAV) (CUSIP 65249B109) begins trading in the when-issued market and will generally settle 4 days after the distribution date.

 

New News Corporation Class B Common Stock (NASDAQ: NWSVV) (CUSIP 65249B208) begins trading in the when-issued market and will generally settle 4 days after the distribution date.

 

21 st Century Fox Class A Common Stock (NASDAQ: FOXAV) (CUSIP 90130A101) begins trading ex-distribution and will generally settle 4 days after the distribution date.

 

21 st Century Fox Class B Common Stock (NASDAQ: FOXVV) (CUSIP 90130A200) begins trading ex-distribution and will generally settle 4 days after the distribution date.

Friday, June 21, 2013   Record date for determining the entitlement of the holders of News Corporation's Class A and Class B Common Stock to receive the new News Corporation Class A and Class B Common Stock, respectively.
Friday, June 28, 2013   Distribution date and the issuance of the new News Corporation Class A and Class B Common Stock to holders entitled to receive such stock.

 

Last day of when-issued and ex-distribution trading in the new News Corporation and 21 st Century Fox common stock, respectively.

Monday, July 1, 2013   New News Corporation Class A Common Stock (NASDAQ: NWSA) (CUSIP 65249B109) begins trading on a regular-way basis and will generally settle T+3.

 

New News Corporation Class B Common Stock (NASDAQ: NWS) (CUSIP 65249B208) begins trading on a regular-way basis and will generally settle T+3.

 

21 st Century Fox Class A Common Stock (NASDAQ: FOXA) (CUSIP 90130A101) begins trading on a regular-way basis and will generally settle T+3.

 

21 st Century Fox Class B Common Stock (NASDAQ: FOX) (CUSIP 90130A200) begins trading on a regular-way basis and will generally settle T+3.

Friday, July 5, 2013   Expected settlement of all trades in the when-issued and ex-distribution markets.
 

The separation will be effected through the distribution of all shares of the new News Corporation to the Company’s stockholders of record as of the close of business on June 21, 2013, the record date for the distribution.

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