Fix description: u"%c" % 0xffffffff returned a ValueError not a TypeError.
diff --git a/Misc/NEWS b/Misc/NEWS
index 673af1c..2356ca8 100644
--- a/Misc/NEWS
+++ b/Misc/NEWS
@@ -36,7 +36,7 @@
 
 - "%c" % u"a" now returns a unicode string instead of raising a
   TypeError. u"%c" % 0xffffffff now raises a OverflowError instead
-  of a TypeError to be consistent with "%c" % 256. See SF patch #710127.
+  of a ValueError to be consistent with "%c" % 256. See SF patch #710127.
 
 Extension modules
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