NO.056

NO OBJECTIONS RAISED TO THE INCORPORATION OF THE NEWS CORPORATION IN

THE UNITED STATES OF AMERICA

Under the Foreign Acquisitions and Takeovers Act 1975, I have decided to raise

no objections under the Government’s foreign investment policy to a proposal

for The News Corporation Limited to relocate its place of incorporation to the

United States.

The proposal is subject to approval by the company’s shareholders and

is expected to be formally considered by them later this year.

MELBOURNE

29 June 2004

Contact: Amanda Kennedy

03 9650 0244