Washington, D.C. 20549

	Report of Foreign Issuer

	Pursuant to Rule 13a-16 or 15d-16 of
	the Securities Exchange Act of 1934

	For the month of June 2002 (June 11, 2002)

	(Name of Registrant)

2 Holt Street, Sydney, New South Wales, 2010, Australia
           (Address of principal executive offices)

Indicate by check mark whether the registrant files or will
file annual reports under cover Form 20-F or Form 40-F

Form 20-F   X    		Form 40-F

Indicate by check mark whether the registrant by furnishing
the information contained in this Form is also thereby furnishing
the information to the Commission pursuant to Rule 12g3-2(b)
under the Securities Exchange Act of 1934

Yes        			No   X

If "Yes" is marked, indicate below the file number assigned to
the registrant in connection with Rule 12g3-2(b):  Not Applicable

Annexed hereto as Exhibit A is a press release of The News
Corporation Limited dated June 8, 2002.


Pursuant to the requirements of the Securities Exchange Act
of 1934, the registrant has duly caused this report to be
signed on its behalf by the undersigned, thereunto duly authorized.


Date:	June 11, 2002				By:	/s/ Arthur M. Siskind
Arthur M. Siskind


Exhibit								Page No. in Sequential
Numbering System

A.	Press Release of The News Corporation Limited
dated June 8, 2002.						6


For Immediate Release 				Contact: 	Andrew Butcher  1 212 852 7070
							     	Alison Clark  44 20 7782 6017

News Corporation and Vivendi Universal Sign Memorandum Of
Understanding Regarding Acquisition Of Telepiu

Proposed Agreement Would Leave News Corporation With 50%
Economic Interest In Combined Platform With 2.35 Million

NEW YORK, NY, June 8, 2002: News Corporation and Vivendi
Universal today signed a memorandum of understanding with
respect to the acquisition of the Italian pay-TV business,
Telepiu, by a group of investors headed by News Corporation.
The total consideration to be paid for Telepiu is 1 billion
euros, of which 450 million euros will be payable in cash at

In addition, there will be reimbursements of 500 million euros
for certain future Italian Serie A soccer broadcast rights and
for the sale of two terrestrial licenses upon completion of their
sale. The agreement values Telepiu subscribers at the same price
Stream subscribers were valued when Canal+ planned to buy Stream.

The agreement is subject to a number of conditions, including the
completion of due diligence and regulatory approvals, and the
agreement of Telecom Italia.

News Corporation will ask anti-trust authorities to approve the
transaction under the same regulatory conditions imposed on the
earlier proposal to sell Stream to Canal+.

As part of the agreement, all litigation between the parties,
including Stream's litigation against Telepiu and Canal+'s
litigation against NDS, will be postponed until the transaction
closes.  Upon closing, the actions will be withdrawn.

News Corporation (NYSE: NWS, NWS/A; ASX: NCP, NCPDP) had total
assets as of March 31, 2002 of approximately US$42 billion and
total annual revenues of approximately US$15 billion. News
Corporation's diversified global operations in the United States,
Canada, continental Europe, the United Kingdom, Australia, Latin
America and the Pacific Basin include the production of motion
pictures and television programming; television, satellite and
cable broadcasting; the publication of newspapers, magazines and
books; the production and distribution of promotional and advertising
products and services; the development of digital broadcasting; the
development of conditional access and subscriber management systems;
and the creation and distribution of popular on-line programming.

For more information about News Corporation, please visit