EX-99 4 f2004crasecondamendment.htm EXHIBIT 99.3 _

SECOND AMENDMENT TO CREDIT AGREEMENT

SECOND AMENDMENT, dated as of August 29, 2005 (this “Amendment”), to the 5-Year Credit Agreement, dated as of June 21, 2004 (as amended, supplemented or otherwise modified from time to time, the “Credit Agreement”), among DOW JONES & COMPANY, INC. (the “Company”), the several banks and other financial institutions from time to time parties thereto (the “Lenders”), LLOYDS TSB BANK PLC and MELLON BANK, N.A., as co-documentation agents (in such capacity, the “Documentation Agent”), BANK OF AMERICA, N.A. and BANK OF TOKYO-MITSUBISHI TRUST COMPANY, as co- syndication agents (in such capacity, the “Syndication Agent”) and JPMORGAN CHASE BANK (f/k/a The Chase Manhattan Bank), as administrative agent (in such capacity, the “Administrative Agent”).

W I T N E S S E T H :


WHEREAS, the parties hereto desire to amend the Credit Agreement on the terms and subject to the conditions set forth herein.

NOW, THEREFORE, in consideration of the premises herein contained and for other good and valuable consideration, the receipt of which is hereby acknowledged, the parties hereto agree as follows:

1.

Defined Terms.  Unless otherwise defined herein, capitalized terms used herein which are defined in the Credit Agreement are used herein as therein defined.

2.

Amendment to Subsection 6.3 of the Credit Agreement.  Subsection 6.3 of the Credit Agreement is hereby amended by deleting such subsection in its entirety and substituting in lieu thereof the following:

“6.3  Maintenance of Ratio of Consolidated Total Indebtedness to Annualized Consolidated Cash Flow.  Permit the ratio of Consolidated Total Indebtedness to Annualized Consolidated Cash Flow to exceed (a) as at September 30, 2005 or December 31, 2005, 4.0 to 1.0 or (b) as at any other fiscal-quarter-end date of the Company, 3.50 to 1.00.”

3.

Conditions to Effectiveness.  This Amendment shall become effective as of the date set forth above upon receipt by the Administrative Agent of counterparts of this Amendment executed by the Company and the Required Lenders.

4.

Limited Effect.  Except as expressly amended hereby, all of the provisions, covenants, terms and conditions of the Credit Agreement are and shall continue to be in full force and effect.

5.

Representations and Warranties.  The representations and warranties made by the Company contained in the Credit Agreement are true and correct on and as of the date hereof after giving effect to this Amendment.

6.

Counterparts.  This Amendment may be executed in counterparts and all of said counterparts taken together shall be deemed to constitute one and the same instrument.

7.

GOVERNING LAW.  THIS AMENDMENT SHALL BE GOVERNED BY, AND CONSTRUED AND INTERPRETED IN ACCORDANCE WITH, THE LAWS OF THE STATE OF NEW YORK.



509255-0205-00042-NY01.2495826




IN WITNESS WHEREOF, the parties hereto have caused this Amendment to be executed and delivered by their duly authorized officers as of the date first written above.

DOW JONES & COMPANY, INC.




By:__/s/ Nathan A. Rogers____________

    Name:  Nathan A. Rogers

    Title:    Assistant Treasurer



Second Amendment to 2004 Credit Agreement








JPMORGAN CHASE BANK,

As Administrative Agent and as a Lender



By:___/s/ Peter B. Thauer__________

    Name: Peter B. Thauer

    Title:  Vice President







Second Amendment to 2004 Credit Agreement









BANK OF AMERICA, N.A.


By:_/s/ Thomas J. Kane_________________

    Name:  Thomas J. Kane

    Title:  Senior Vice President




 



Second Amendment to 2004 Credit Agreement









BANK OF TOKYO MITSUBISHI TRUST COMPANY


By:__/s/ Karen Ossolinski___________________

    Name: Karen Ossolinski

    Title:   Vice President



Second Amendment to 2004 Credit Agreement









LLOYDS TSB BANK, PLC




By:_/s/ Deborah Carlson ___________

    Name: Deborah Carlson

    Title:  VP & Manager –

  Business Development C.B.


By:_/s/ Michael J. Gilligan __________

    Name: Michael J. Gilligan

    Title:  Director, Financial Institutions, USA



Second Amendment to 2004 Credit Agreement









MELLON BANK, N.A.


By:_/s/ Thomas J. Tarasovich, Jr. __________

    Name:  Thomas J. Tarasovich, Jr.

    Title:  Asst Vice President



Second Amendment to 2004 Credit Agreement









HSBC BANK PLC


By:_/s/ Darren Pinsker ________

    Name: Darren Pinsker

    Title:  Senior Vice President






Second Amendment to 2004 Credit Agreement









SUMITOMO-MITSUI BANKING CORPORATION


By:__/s/ Yoshihiro Hyakutome ___________

    Name: Yoshihiro Hyakutome

    Title:  Joint General Manager



Second Amendment to 2004 Credit Agreement









UFJ BANK LIMITED


By:_____________________________

    Name:

    Title:  



Second Amendment to 2004 Credit Agreement









CREDIT SUISSE, Cayman Islands Branch

(Formerly CREDIT SUISSE FIRST BOSTON, acting through its Cayman Islands Branch)


By:__/s/ Doreen Barr_________________

    Name:  Doreen Barr

    Title:   Associate


By:__/s/ Thomas R. Cantello___________

    Name:  Thomas R. Cantello

    Title:    Vice President




Second Amendment to 2004 Credit Agreement









THE BANK OF NEW YORK


By:__/s/ John C. Lambert ________

    Name: John C. Lambert

    Title:  Managing Director



Second Amendment to 2004 Credit Agreement









MERRILL LYNCH BANK USA


By:___/s/ Derek Befus_____________

    Name: Derek Befus

    Title:  Vice President



Second Amendment to 2004 Credit Agreement









THE NORTHERN TRUST COMPANY


By:_/s/ Melissa A. Whitson_____________

    Name: Melissa A. Whitson

    Title:  Senior Vice President





Second Amendment to 2004 Credit Agreement