BOSTON--(BUSINESS WIRE)--Following a special meeting of the Board of
Directors of Dow Jones & Company (NYSE: DJ)(the "Company") held at the
request of the Bancroft Family directors to discuss matters related to
the recent proposal by News Corporation to acquire the Company, the
Family today issued the following statement:

"As we have been since 1902, the Bancroft Family remains resolute in
its commitment to preserve and protect the editorial independence and
integrity of The Wall Street Journal, as well as the leadership,
strength and vitality of The Journal and all of the other publications
and services of Dow Jones.

"Since first receiving the News Corporation proposal, the Family has
carefully considered and discussed among ourselves and with our
advisors how best to achieve that overarching objective, while serving
the best interests of the Company's various constituencies.

"After a detailed review of the business of Dow Jones and the evolving
competitive environment in which it operates, the Family has reached
consensus that the mission of Dow Jones may be better accomplished in
combination or collaboration with another organization, which may
include News Corporation.

"Accordingly, the Family has advised the Company's Board that it
intends to meet with News Corporation to determine whether, in the
context of the current or any modified News Corporation proposal, it
will be possible to ensure the level of commitment to editorial
independence, integrity and journalistic freedom that is the hallmark
of Dow Jones.

"The Family also indicated its receptivity to other options that might
achieve the same overarching objective."

There can be no assurance that the dialogue with News Corporation or
any other party will result in the negotiation, or the desire of
Family members to pursue the negotiation, and execution of any
agreement regarding the Company or in any transaction.

References herein to the Bancroft Family are to various individual
Family members and trusts for the benefit of Family members. Ultimate
voting and dispositive power with respect to the shares of the Company
held or controlled by such individuals and trusts resides with those
individuals and the trustees of the trusts.