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EXHIBIT 5
OPINION OF PETER G. SKINNER, ESQ.
[Letterhead of Dow Jones & Company, Inc.]
June 22, 2000
Dow Jones & Company, Inc.
200 Liberty Street
New York, NY 10281
Dear Sirs:
In connection with the registration on Form S-8 under the Securities
Act of 1933 of 500,000 shares of Common Stock, $1.00 par value (the "Stock"), of
Dow Jones & Company, Inc., a Delaware corporation (the "Company"), for issuance
and sale pursuant to the terms of the Dow Jones Reuters Business Interactive,
LLC 2000 Employee Stock Purchase Plan (the "Plan"), I, as counsel to the
Company, have examined such corporate records, certificates and other documents,
including the Plan, and reviewed such questions of law, as I have considered
necessary or appropriate for the purpose of this opinion.
Based upon the foregoing, I am of the opinion that, when (i) the
Registration Statement shall have become effective under the Securities Act of
1933 and (ii) the Stock is issued by the Company and paid for in accordance with
the terms of the Plan, the Stock will be legally issued, fully paid and
nonassessable.
I hereby consent to the filing of this opinion with the Securities and
Exchange Commission as an exhibit to the Registration Statement. I also consent
to the reference to me under the caption "Interests of Named Experts and
Counsel" in the Registration Statement. In giving this consent, I do not
thereby admit that I am included in the category of persons whose consent is
required under Section 7 of the Securities Act or the General Rules and
Regulations of the Securities and Exchange Commission.
Very truly yours,
Peter G. Skinner
