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 April 2003 (April 30, 2003)

	(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 April 30, 2003.


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:	April 30, 2003			By:	/s/ Arthur M. Siskind
						Arthur M. Siskind


Exhibit								Page No. in Sequential
Numbering System

A.	Press Release of The News Corporation Limited
	dated April 30, 2003.						6


News Corporation

N E W S  R E L E A S E
For Immediate Release				 Contact: Andrew Butcher +1 212 852 7070
							  Alison Clark +44 207 782 6017

News Corporation And Telecom Italia Complete Acquisition Of Telepiu

Telepiu and Stream Merged And Renamed Sky Italia

NEW YORK (April 30, 2003):  News Corporation and Telecom Italia
today completed the acquisition of Vivendi Universal's Telepiu
satellite pay TV platform in Italy.  Telepiu and Stream have
merged and the combined platform has been renamed Sky Italia,
which is 80.1 percent-owned by News Corporation and 19.9
percent-owned by Telecom Italia.  The merged platform has more
than 2 million subscribers throughout Italy and annual revenues
of approximately 1 billion euros.

The transaction, which values Telepiu at 871 million euros, includes
457 million euros cash (including a 13 million euros downward adjustment
for accounts payable) and the assumption of 414 million euros in debt.

As part of the acquisition, all litigation between the parties,
including Stream's litigation against Telepiu and Vivendi
Universal subsidiary Canal+'s litigation against NDS, was terminated.

The News Corporation Limited (NYSE: NWS, NWS.A; ASX: NCP, NCPDP) had
total assets as of December 31, 2002 of approximately US$42 billion
and total annual revenues of approximately US$16 billion. News
Corporation is a diversified international media and entertainment
company with operations in seven industry segments: filmed entertainment;
television; cable network programming; magazines and inserts; newspapers;
book publishing; and other. The activities of News Corporation are conducted
principally in the United States, the United Kingdom, Continental Europe,
Australia, Asia and the Pacific Basin.  For more information, please visit