NEWS CORP — Director's Dealing 2015

Jan 6, 2015

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: NEWS CORP (NWS)
CIK: 0001564708
Period of Report: 2015-01-02

Reporting Person: MURDOCH LACHLAN K (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2015-01-04	Class A Common Stock	M	538	—	Acquired	652	Direct
2015-01-04	Class A Common Stock	D	538	$15.59	Disposed	114	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2015-01-02	Deferred Stock Units	$	A	2004	Acquired		Class A Common Stock (2004)	Direct
2015-01-04	Deferred Stock Units	$	M	538	Disposed		Class A Common Stock (538)	Direct

Footnotes

F1: The deferred stock units were deemed to have settled for the cash value of an equivalent number of shares of News Corporation's Class A Common Stock.

F2: Each deferred stock unit represents the equivalent of one share of News Corporation's Class A Common Stock.

F3: The deferred stock units become payable in cash upon the fifth anniversary of the grant date.

F4: The deferred stock units became payable in cash on January 4, 2015, the fifth anniversary of the grant date.