Exhibit 99.1

Text of Footnote 1:

(1)  Pursuant to the Agreement and Plan of Merger dated as of July 31,
     2007, by and among Dow Jones & Company, Inc. (the "Company"), News
     Corporation, Ruby Newco LLC and Diamond Merger Sub Corporation, as
     amended (the "Merger Agreement"), this option, which was granted on
     January 17, 2001 and vested on the third anniversary of the grant
     date, was converted into an option to acquire 4,302 shares of Class A
     common stock of News Corporation at an exercise price of $20.75 per
     share. Under the Merger Agreement, the number of shares of Class A
     common stock of News Corporation subject to the option was determined
     by multiplying (i) the number of shares of Company common stock
     subject to the option by (ii) 2.8681, which represents the quotient of
     (A) $60.00 divided by (B) $20.9198, the volume weighted average price
     per share of News Corporation Class A common stock on the New York
     Stock Exchange over the five (5) trading days ending on December 12,
     2007 (the "Exchange Ratio"). The exercise price of the option was
     determined by dividing (x) the per share exercise price specified in
     the option to acquire Company common stock by (y) the Exchange Ratio.
     The News Corporation Class A common stock had a market value of $20.70
     per share on the effective date of the merger.