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Dow Jones Hires Former BusinessWeek Writer, Kathleen Madigan, to Join Dow Jones Newswires Editorial Team

NEW YORK, July 11 PRNewswire-FirstCall — Dow Jones & Company, a News Corporation company (NYSE: NWS, NWS.A; ASX: NWS, NWSLV), today announced that Kathleen Madigan, former writer for BusinessWeek Magazine, will join the Dow Jones Newswires editorial team as "Big Picture" columnist and economics writer. Ms. Madigan will start her duties on August 11, 2008, and will focus on all aspects of U.S. economics coverage.

Ms. Madigan brings to her new position a wealth of experience from a long career in business journalism and the economics field. She worked as an economic research assistant at Townsend-Greenspan, and as an assistant economist at Manufacturers Hanover Trust before joining BusinessWeek Magazine, where she spent 18 years as business editor and co-author of the Business Outlook column. She also wrote broad economics stories, including the cover story "After the Housing Boom," which was BusinessWeek's best-selling newsstand cover in 2005. Ms. Madigan left BusinessWeek in 2005 to join Lord Abbett as senior writer and market analyst.

"Kathleen brings robust experience covering business and economics issues," said Neal Lipschutz, senior vice president and managing editor, Dow Jones Newswires. "We are confident her coverage will provide critical insight for our customers, especially at a time when the U.S. and the global economies face severe strains that are bringing about long-lasting changes."

Mr. Lipschutz added, "Within the last month, Dow Jones Newswires has hired two experienced, top-notch writers — first, former Denver Post columnist Al Lewis, and now Kathleen Madigan. We will continue to build on our commitment to deliver outstanding news and analysis that our customers rely on for their business decisions."

Ms. Madigan served as first the vice president, then president, of the New York Association for Business Economics from 1998-2000 and she currently participates in the National Association for Business Economics. Ms. Madigan has a Master of Business Administration degree in financial economics from New York University and a Bachelor of Arts degree in journalism and economics from Rider University.

For more information about Dow Jones Newswires, visit www.dowjonesnewswires.com or to learn more about the Dow Jones Enterprise Media Group, visit www.solutions.dowjones.com.

ABOUT DOW JONES

Dow Jones & Company (www.dowjones.com) is a News Corporation company (NYSE: NWS, NWS.A; ASX: NWS, NWSLV; www.newscorp.com). Dow Jones is a leading provider of global business news and information services. Its Consumer Media Group publishes The Wall Street Journal, Barron's, MarketWatch and the Far Eastern Economic Review. Its Enterprise Media Group includes Dow Jones Newswires, Dow Jones Factiva, Dow Jones Client Solutions, Dow Jones Indexes and Dow Jones Financial Information Services. Its Local Media Group operates community-based information franchises. Dow Jones owns 50% of SmartMoney and 33% of STOXX Ltd. and provides news content to radio stations in the U.S.

SOURCE Dow Jones & Company

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