Director/PDMR Shareholding

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 M R Sorour

Company: Naspers Limited

Transaction date: 19 July 2017

Nature of transaction: Sale of securities

Number of shares: 5 833 Naspers shares

Class of shares: N ordinary

Total value of transaction: R16 178 110.90

Volume weighted average

price per share: R2 773.5489

Highest price per share: R2 775.01

Lowest price per share: R2 768.27

Date of vesting in the group

share-based incentive plan: 17 January 2016 and 17 January 2017

Nature of transaction: Mr Sorour exercised share appreciation rights in a group share-based incentive plan and received 5 833 Naspers N ordinary shares in settlement of the gain. He then sold 5 833 Naspers N ordinary shares.

Nature of interest: Direct beneficial

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

Cape Town

21 July 2017

Sponsor: Investec Bank Limited