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 of a major

subsidiary: Mr M I Patel

Major subsidiary: MultiChoice South Africa Holdings Proprietary

Limited

Transaction date: 17 January 2017

Nature of transaction: on market sale

Number of shares: 5 139 Naspers shares

Class of shares: N ordinary

Total value of transaction: R11 203 020,00

Volume weighted average

price per share: R2 180,00

Highest price per share: R2 180,00

Lowest price per share: R2 180,00

Date of vesting in the group

share-based incentive plan: MIH Holdings Share Trust: 1 156 shares on 19 September 2016; 2 615 shares on 7 September 2016; 1 368 shares on 11 July 2016.

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

Nature of interest: Direct, Beneficial

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

Cape Town

19 January 2017

Sponsor: Investec Bank Limited