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Trading Statement

11 Jun 2008 14:08

RNS Number : 4894W
Naspers Limited
11 June 2008
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Naspers Limited

(Incorporated in theΒ RepublicΒ ofΒ South Africa)

(Reg. No 1925/001431/06)

JSE share code: NPN ISIN: ZAE000015889

LSE ADS code: NPSN ISIN: US 6315121003

("Naspers")

Trading Statement

Shareholders are advised that theΒ NaspersΒ group isΒ presentlyΒ preparingΒ its annual financial statementsΒ for theΒ yearΒ endingΒ 31Β March 2008.

EarningsΒ per share for the periodΒ isΒ expected to be between 35% and 45%Β higherΒ than the prior period'sΒ comparableΒ earnings per share of 676 cents.

Headline earningsΒ per share for the periodΒ isΒ forecast atΒ betweenΒ 20% andΒ 30%Β higherΒ thanΒ the prior period'sΒ comparableΒ headline earnings per share ofΒ 866Β cents.

We expectΒ core headlineΒ earningsΒ toΒ beΒ between 35% and 45%Β higher than theΒ comparableΒ period'sΒ R2,854Β billion.Β CoreΒ headline earningsΒ per shareΒ isΒ expected to growΒ between 10% and 20%Β aboveΒ the comparable period'sΒ 965Β cents.Β ForΒ a definition of 'core headline earnings' andΒ an analysis of historicΒ 'headline'Β andΒ 'core headline earnings', we refer shareholders to our annual financial statements and to the websiteΒ www.naspers.com.Β 

Further details will be provided in theΒ provisionalΒ report, due to be released on 25Β June 2008. The financial information on whichΒ this trading statement is basedΒ has not been reviewed or reported on by the company's auditors.

Cape Town

11Β June 2008

Sponsor: Investec Bank Limited

This information is provided by RNS
The company news service from the London Stock Exchange
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