19 Mar 2010 15:00
Naspers Limited
(Incorporated in the Republic of South Africa)
(Registration number 1925/001431/06)
JSE share code: NPN ISIN: ZAE000015889
LSE ADS code: NPSN ISIN: US 6315121003
("Naspers" or "the company")
In compliance with Rules 3.63 - 3.74 of the JSE Listings Requirements, the following information is disclosed:-
Director of a major subsidiary: Mr V Sgourdos
Transaction date: 17 March 2010
Price at which shares were offered: Closing price on the JSE Limited on 15 March 2010: R304.05
Number of shares: 14 467 Naspers shares
Class of shares: N ordinary
Nature of transaction: Offer of an option to purchase shares made by the MIH (BVI) Limited employee share incentive scheme to Mr V Sgourdos. The offer of an option to purchase shares was made on 15 March 2010 at a price of R304.05, being the closing price on the JSE Limited on that day. Vesting dates after which the options may be exercised are: one third on 15 March 2013, one third on 15 March 2014 and the final third on 15 March 2015. The option must be exercised by 15 March 2020, failing which it will lapse. The offer was accepted on 17 March 2010.
Nature of interest: Direct Beneficial
Clearance: Clearance has been received in terms of paragraph 3.66 of the JSE Listings Requirements
Cape Town
19 March 2010
Sponsor: Investec Bank Limited