Article: News Corporation Plans to Reincorporate in the United States; Move Expected to Benefit All Shareholders and Significantly Expand Shareholder Base.

Business Editors

SYDNEY, Australia--(BUSINESS WIRE)--April 6, 2004

No Change in News Corporation's Commitment To Australia; Company

to Acquire Murdoch Controlling Stake in Queensland Press Pty Ltd

KEY POINTS

-- Subject to regulatory, tax and court approvals, and

shareholder vote, home country of incorporation would change

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