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July 20, 2007

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Dieter von Holtzbrinck, a director with the financial news giant since 2001, said he was worried that the journalistic values of Dow Jones “will long-term strongly suffer” if the planned sale to Rupert Murdoch’s company goes through.

ARQUES sold remaining shares in SKW Metallurgie Corporate News transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement.

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