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: 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 Imtiaz Patel

Transaction date: 21 September 2012

Price at which shares were offered: Closing price on the JSE Limited on 7 September 2012: R484,70

Number of shares: 7 847 Naspers shares

Class of shares: N ordinary

Nature of transaction: Offer of an option to purchase Naspers shares made by the MIH Holdings employee share incentive scheme to Mr Patel. The offer of an option to purchase shares was made on 7 September 2012 at R484,70, being the closing price on the JSE Limited on that day. The offer was accepted on 21 September 2012. The first third of the options vest on 7 September 2015, the second third vests on 7 September 2016 and the final third vests on 7 September 2017.

Nature of interest: Direct Beneficial

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

Director: Mr Steve Pacak

Transaction date: 21 September 2012

Price at which shares were offered: Closing price on the JSE Limited on 7 September 2012: R484,70

Number of shares: 54 000 Naspers shares

Class of shares: N ordinary

Nature of transaction: Offer of an option to purchase Naspers shares made by the MIH (BVI) Limited employee share incentive scheme to Mr Pacak. The offer of an option to purchase shares was made on 7 September 2012 at R484,70, being the closing price on the JSE Limited on that day. The offer was accepted on 21 September 2012. The first third of the options vest on 7 September 2015, the second third vests on 7 September 2016 and the final third vests on 7 September 2017.

Nature of interest: Direct Beneficial

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

Cape Town

25 September 2012

Sponsor: Investec Bank Limited