Dow Jones announces executive appointments.

NEW YORK--(BUSINESS WIRE)--Jan. 19, 1995--Dow Jones & Co. Inc. announced three executive appointments today.

Danforth W. Austin, vice president/circulation of The Wall Street Journal, was appointed general manager of the Journal. Karen Elliot House, vice president, international, of Dow Jones, was named president of the International group. Dorothea Coccoli Palsho, vice president, information services, was named president of the company's Business Information Services group.

House and Palsho and Austin will report to Kenneth L. Burenga, president and chief operating officer of Dow Jones.

Austin, 48, who succeeds Burenga as general manager of The Wall Street Journal, will have overall responsibility for the newspaper's circulation, advertising and production operations.

Austin joined Dow Jones in 1970 as a reporter for The Wall Street Journal in Dallas. He subsequently served as a Page One special writer, news editor, Pittsburgh bureau chief, and deputy national news editor. In 1987 he was appointed director of corporate relations for Dow Jones and in 1989 was named director of circulation. He was appointed vice president/circulation in 1992 and named to the Dow Jones management committee that year.

House, 47, succeeds James H. Ottaway Jr. as president of the International group. She joined Dow Jones in 1974 as a reporter for The Wall Street Journal in Washington and was named diplomatic correspondent in 1978, assistant foreign editor in 1983 and foreign editor in 1984. In 1984 House received a Pulitzer Prize for international reporting for her coverage of the Middle East. She was appointed vice president, international, for Dow Jones in 1989, when she was also named to the Dow Jones management committee.

Palsho, 47, joined Dow Jones in 1977 as a circulation marketing assistant in South Brunswick, N.J. She was named circulation marketing planning manager in 1979, and Wall Street Journal circulation marketing director in 1981. Palsho was named to the additional post of deputy circulation director of Dow Jones in 1984 and became the Journal's vice president/circulation in 1986, when she was also named to the Dow Jones management committee. In 1992, she became a vice president of Dow Jones information services with responsibility for the Business Information Services group.

In addition to The Wall Street Journal and its international editions, Dow Jones publishes Barron's magazine and other periodicals, electronic business information services, including Dow Jones Telerate, and the Ottaway group of community newspapers.

CONTACT: Dow Jones & Company, Inc.

Roger May, 212/416-2601