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:-

Company Secretary: Mrs G Kisbey-Green

Company: Naspers Limited

Transaction date: 23 December 2015

Nature of transaction: on market sale

Number of shares: 11 032 Naspers shares

Class of shares: N ordinary

Total value of transaction: R23 421 371,21

Volume weighted average

price per share: R2 123,04

Highest price per share: R2 142,87

Lowest price per share: R2 120,00

Date of vesting in the group

share-based incentive plan: Naspers Share Incentive Scheme: 8 621 shares, a offer made on 1 September 2009 which was fully vested on 1 September 2014 and 2 411 shares, a portion of an offer made on 26 February 2010 which vested on 26 February 2013

Nature of transaction: Sale of vested shares held in the Naspers Share Incentive Scheme by Mrs G Kisbey-Green

Nature of interest: Direct beneficial

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

Cape Town

24 December 2015

Sponsor: Investec Bank Limited