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: 23 February 2017

Nature of transaction: on market sale of securities

Number of shares: 40 795 Naspers shares

Class of shares: N ordinary

Total value of transaction: R89 400 120,02

Volume weighted average

price per share: R2 191,447972

Highest price per share: R2 193,65

Lowest price per share: R2 190,00

Date of vesting in the group

share-based incentive plan: MIH Holdings Share Trust: 11 128 shares on 19 September 2015, 11 128 shares on 19 September 2016 and 18 539 on 2 July 2016.

Nature of transaction: Sale of vested shares held in the MIH Holdings Share Incentive Trust by Mr Sorour.

Nature of interest: Direct, Beneficial

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

Cape Town

24 February 2017

Sponsor: Investec Bank Limited