New York and London – NDS Group Limited (NDS), News Corporation and Permira Advisers LLP (Permira) have announced that the scheme of arrangement to effect the going private transaction of NDS has now become fully effective. The effectiveness of the scheme results in two subsidiaries of funds advised by Permira and News Corporation owning approximately 51% and 49% of NDS, respectively, in each case subject to dilution by shares to be subscribed for by members of management and shares to be issued as part of the option scheme to be established by NDS.