Director/PDMR Shareholding

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: US6315122092

("Naspers" or "the company")

DEALINGS IN SECURITIES

In compliance with Rules 3.63 - 3.74 of the JSE Listings Requirements, the following information is disclosed:-

Acting company secretary of a major

subsidiary: Rochelle Gabriels

Transaction date: 25 June 2018

On/off market: Off market

Price at which shares were offered: Closing price on the JSE Limited on 25 June 2018 : R3 207,00

Number of shares: 786 Naspers shares

Value: R2 520 702,00

Class of shares: N ordinary

Nature of transaction: Offer of an option to purchase shares made by the MIH Holdings employee share incentive scheme to Rochelle Gabriels. The offer of an option to purchase shares was made at market value on 25 June 2018 at R3 207,00, being the closing price on the JSE Limited on that day. The offer was accepted on 2 July 2018. The first quarter of the options vest on 25 June 2019, the second quarter vests on 25 June 2020, the third quarter vests on 25 June 2021 and the final quarter vests on 25 June 2022.

Nature of interest: Direct Beneficial

Clearance: Clearance has been received in terms of paragraph 3.66 of the JSE Listings Requirements

Executive director of a major

subsidiary: Imtiaz Patel

Transaction date: 25 June 2018

On/off market: Off market

Price at which shares were offered: Closing price on the JSE Limited on 25 June 2018 : R3 207,00

Number of shares: 8 489 Naspers shares

Value: R27 224 223,00

Class of shares: N ordinary

Nature of transaction: Offer of an option to purchase shares made by the MIH Services FZ LLC employee share incentive scheme Imtiaz Patel. The offer of an option to purchase shares was made at market value on 25 June 2018 at R3 207,00, being the closing price on the JSE Limited on that day. The offer was accepted on 2 July 2018. The first quarter of the options vest on 25 June 2019, the second quarter vests on 25 June 2020, the third quarter vests on 25 June 2021 and the final quarter vests on 25 June 2022.

Nature of interest: Direct Beneficial

Clearance: Clearance has been received in terms of paragraph 3.66 of the JSE Listings Requirements

Executive Director: Bob van Dijk

Transaction date: 25 June 2018

On/off market: Off market

Price at which shares were offered: Closing price on the JSE Limited on 25 June 2018 : R3 207,00

Number of shares: 61 142 Naspers shares

Value: R196 082 394,00

Class of shares: N ordinary

Nature of transaction: Offer of an option to purchase shares made by the MIH Services FZ LLC employee share incentive scheme to Bob van Dijk. The offer of an option to purchase shares was made at market value on 25 June 2018 at R3 207,00, being the closing price on the JSE Limited on that day. The offer was accepted on 2 July 2018. The first quarter of the options vest on 25 June 2019, the second quarter vests on 25 June 2020, the third quarter vests on 25 June 2021 and the final quarter vests on 25 June 2022.

Post this allocation and as at 31 March 2019 the fair value of Bob van Dijk's share-based incentives will be balanced approximately as follows:

· 50% based on the performance of the ecommerce segment specifically

· 50% based on the performance of Naspers as a whole

Nature of interest: Direct Beneficial

Clearance: Clearance has been received in terms of paragraph 3.66 of the JSE Listings Requirements

Executive director of a major

subsidiary: Uvashni Raman

Transaction date: 25 June 2018

On/off market: Off market

Price at which shares were offered: Closing price on the JSE Limited on 25 June 2018 : R3 207,00

Number of shares: 1 101 Naspers shares

Value: R3 530 907,00

Class of shares: N ordinary

Nature of transaction: Offer of an option to purchase shares made by the MIH Holdings employee share incentive scheme to Uvashni Raman. The offer of an option to purchase shares was made at market value on 25 June 2018 at R3 207,00, being the closing price on the JSE Limited on that day. The offer was accepted on 2 July 2018. The first quarter of the options vest on 25 June 2019, the second quarter vests on 25 June 2020, the third quarter vests on 25 June 2021 and the final quarter vests on 25 June 2022.

Nature of interest: Direct Beneficial

Clearance: Clearance has been received in terms of paragraph 3.66 of the JSE Listings Requirements

Executive Director: Basil Sgourdos

Transaction date: 25 June 2018

On/off market: Off market

Price at which shares were offered: Closing price on the JSE Limited on 25 June 2018 : R3 207,00

Number of shares: 33 108 Naspers shares

Value: R106 177 356,00

Class of shares: N ordinary

Nature of transaction: Offer of an option to purchase shares made by the MIH Services FZ LLC employee share incentive scheme to Basil Sgourdos. The offer of an option to purchase shares was made at market value on 25 June 2018 at R3 207,00, being the closing price on the JSE Limited on that day. The offer was accepted on 2 July 2018. The first quarter of the options vest on 25 June 2019, the second quarter vests on 25 June 2020, the third quarter vests on 25 June 2021 and the final quarter vests on 25 June 2022.

Post this allocation and as at 31 March 2019 the fair value of Basil Sgourdos's share-based incentives will be balanced approximately as follows:

· 50% based on the performance of the ecommerce segment specifically

· 50% based on the performance of Naspers as a whole

Nature of interest: Direct Beneficial

Clearance: Clearance has been received in terms of paragraph 3.66 of the JSE Listings Requirements

Company secretary: Gillian Kisbey-Green

Transaction date: 25 June 2018

On/off market: Off market

Price at which shares were offered: Closing price on the JSE Limited on 25 June 2018 : R3 207,00

Number of shares: 4 245 Naspers shares

Value: R13 613 715,00

Class of shares: N ordinary

Nature of transaction: Offer of an option to purchase shares made by the Naspers Limited employee share incentive scheme to Gillian Kisbey-Green. The offer of an option to purchase shares was made at market value on 25 June 2018 at R3 207,00, being the closing price on the JSE Limited on that day. The offer was accepted on 2 July 2018. The first quarter of the options vest on 25 June 2019, the second quarter vests on 25 June 2020, the third quarter vests on 25 June 2021 and the final quarter vests on 25 June 2022.

Nature of interest: Direct Beneficial

Clearance: Clearance has been received in terms of paragraph 3.66 of the JSE Listings Requirements

Cape Town

3 July 2018

Sponsor: Investec Bank Limited