5 Sep 2012 16:04
NASPERS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1925/001431/06)
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: Mr S J Z Pacak
Company: Naspers Limited
Transaction date: 4 September 2012
Nature of transaction: Off market purchase of securities
Number of shares: 115 000 Naspers shares
Class of shares: N ordinary
Total value of transaction: R2 702 500,00
Price per share on 2 January 2002: R23,50
Date of vesting in the group
share-based incentive plan: On 2 January 2002, Steve Pacak was offered, and accepted, 115 000 Naspers N ordinary shares at the listed market price of the shares on that date. In terms of the rules of the Naspers Share Incentive Trust the shares vested over time and delivery of the shares acquired must be taken no later than the tenth anniversary of the offer date.
Accordingly, on 4 September 2012 a total of
115 000 Naspers N ordinary shares were delivered to his family trust upon payment of the amount of R2 702 500, being the listed market value on the date of the offer.
Nature of transaction: Delivery of vested shares held in the Naspers Share Incentive Trust to Mr Pacak's family trust.
Nature of interest: Indirect beneficial
Clearance: Clearance has been received in terms of paragraph 3.66 of the JSE Listings Requirements
Cape Town
5 September 2012
Sponsor: Investec Bank Limited