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Ownership Document
|
| Schema Version: X0202 |
| Document Type: 4 |
| Period of Report: 8/17/05 |
| Not Subject to Section 16: 0 |
| Issuer: |
| Issuer CIK: 794487 |
| Issuer Name: NEWS COMMUNICATIONS INC |
| Issuer Trading Symbol: NCOM.PK |
| Reporting Owner: |
| Reporting Owner ID: |
| | Owner CIK: 1026610 |
| | Owner Name: ROSS WILBUR L JR |
| Reporting Owner Address: |
| | Owner Street 1: C/O W.L. ROSS & CO. LLC |
| | Owner Street 2: 101 EAST 52ND STREET, 19TH FLOOR |
| | Owner City: NEW YORK |
| | Owner State: NY |
| | Owner ZIP Code: 10022 |
| | Owner State Description: |
| Reporting Owner Relationship: |
| | Is Director? Yes |
| | Is Officer? No |
| | Is Ten Percent Owner? No |
| | Is Other? No |
| Derivative Table: |
| Derivative Transaction: |
| | Security Title: |
| | | Value: Stock Option |
| | Conversion or Exercise Price: |
| | | Value: 0.75 |
| | Transaction Date: |
| | | Value: 8/17/05 |
| | Transaction Coding: |
| | | Transaction Form Type: 4 |
| | | Transaction Code: A |
| | | Equity Swap Involved? No |
| | Transaction Amounts: |
| | | Transaction Shares: |
| Value: 3,333 |
| | | Transaction Price Per Share: |
| Value: 0 |
| | | Transaction Acquired-Disposed Code: |
| Value: A |
| | Exercise Date: |
| | | Value: 8/17/05 |
| | Expiration Date: |
| | | Value: 8/17/10 |
| | Underlying Security: |
| | | Underlying Security Title: |
| Value: Common Stock |
| | | Underlying Security Shares: |
| Value: 3,333 |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 16,665 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: D |
| Owner Signature: |
| Signature Name: Wilbur L. Ross, Jr. |
| Signature Date: 8/17/05 |
