Annual Financial Report

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")

INTEGRATED ANNUAL REPORT 2017, NO CHANGE STATEMENT, NOTICE OF ANNUAL GENERAL MEETING AND PUBLICATION OF B-BBEE ANNUAL COMPLIANCE CERTIFICATE

Shareholders are advised that the company's integrated annual report (including the notice and proxy of the annual general meeting) and the annual financial statements for the year ended 31 March 2017 will be posted on the company's website www.naspers.com today 21 July 2017. There are no modifications to the audited results that were published in the summarised annual financial statements (provisional report) on 23 June 2017.

PricewaterhouseCoopers Inc. audited the results contained in the summarised annual financial statements and the annual financial statements of Naspers. The auditor's unqualified report is available for inspection at Naspers's registered address, 40 Heerengracht, Cape Town 8000 (contact person Ms Yasmin Abrahams) and in Johannesburg at MultiChoice City, 144 Bram Fischer Drive, Randburg 2194 (contact person Mrs Toni Lutz).

The notice of the annual general meeting was posted to shareholders today, 21 July 2017, and notice is hereby given that the 103rd annual general meeting of the company will be held at 11:15 on Friday 25 August 2017, on the 17th Floor of the Media24 Centre, 40 Heerengracht in Cape Town, South Africa to transact business as stated in the notice of the annual general meeting. This notice together with the proxy form will be available on the Company's website, www.naspers.com, as of today. Proxy forms must be lodged, for administrative purposes, by no later than 11:15 on Wednesday, 23 August 2017, alternatively presented to the Naspers company secretary prior to the commencement of the annual general meeting.

Shareholders are further advised that Naspers's annual compliance certificate for the 2017 financial year in terms of section 13G(2) of the Broad-Based Black Economic Empowerment Act has been published and is also available on the Company's website, www.naspers.com

Cape Town

21 July 2017

Sponsor: Investec Bank Limited