The Company owns and leases various real properties in the U.S., Europe, Australia and Asia that are utilized in the conduct of its businesses. Each of these properties is considered to be in good condition, adequate for its purpose and suitably utilized according to the individual nature and requirements of the relevant operations. The Company’s policy is to improve and replace property as considered appropriate to meet the needs of the individual operation. United States The Company leases office space at 1211 Avenue of the Americas, New York, New York for its corporate headquarters and the executive and editorial offices of Dow Jones and the New York Post. The Company also leases space in various other locations in the U.S., including for office space, warehousing and information technology infrastructure, which primarily supports the Company’s corporate operations and those of Dow Jones, HarperCollins and Move. Europe The Company leases office space at The News Building, 1 London Bridge Street, London, England for the headquarters and editorial offices of the London operations of News UK, Dow Jones and HarperCollins and the broadcast studios for the Company’s U.K. radio stations. The Company also leases space in various other locations throughout Europe, including for office space and warehousing, which primarily supports the operations of its U.K. newspapers, HarperCollins and Dow Jones. The Company owns interests in publishing and printing facilities in England and Scotland, which are leased to its joint venture with DMG Media. 31 Table of Contents Australia and Asia The Company owns office space at 2 Holt Street, Sydney, Australia, which houses the headquarters of News Corp Australia, printing and publishing operations for The Australian, The Daily Telegraph and The Sunday Telegraph and broadcast studios for News24. The Company also leases space in various other locations in Australia and Asia, including for office space and printing, and owns a print center and office building in Adelaide, Australia. These properties primarily support the operations of News Corp Australia, REA Group and Dow Jones.