NPSN.L Regulatory News (NPSN)

14 Nov 2007 13:00

Naspers Limited14 November 2007 Naspers Limited(Incorporated in the Republic of South Africa)("Naspers") Trading Statement The Naspers group is presently finalising its interim report for the six monthsended 30 September 2007. Shareholders are advised that the group continues tomake steady progress in most of the markets in which it operates. We expect core headline earnings to grow between 25% and 35% compared to therestated comparable of R1,322 billion and core headline earnings per share to bebetween 5% and 15% higher than the restated comparable period core headlineearnings per share of 455 cents. Shareholders are reminded that the board considers core headline earnings anappropriate measure of the sustainable operating performance of the group as itadjusts for non-recurring and non-operational items. It is expected that earnings per share for the six months ended 30 September2007 will be between 45% and 55% higher compared to the prior period's earningsper share of 284 cents. As previously reported, earnings in the prior periodincluded a foreign currency loss of R260 million, which has not recurred. Headline earnings per share for the period are expected to be between 5% and 15%higher compared to the prior period's headline earnings per share of 439 cents. Further details will be provided in the interim report, due to be released on orabout 27 November 2007. The financial information on which this tradingstatement is based has not been reviewed or reported on by the company'sauditors. Cape Town14 November 2007 This information is provided by RNS The company news service from the London Stock Exchange