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:-

Alternate director: Mr S J Z Pacak

Company: Naspers Limited

Transaction date: 18 December 2014

Nature of transaction: on market sale of securities

Number of shares: 15 000 Naspers shares

Class of shares: N ordinary

Total value of transaction: R21 790 950,00

Average price per share: R1 452,73

Highest price per share: R1 452,73

Lowest price per share: R1 452,73

Date of vesting in the group

share-based incentive plan: A portion of an offer made on 7 August 2006 which vested on 7 August 2009 in the Naspers Share Incentive Scheme (the Scheme)

Nature of transaction: Sale of a portion of the shares that vested on 7 August 2009 held in the Scheme by Mr Pacak.

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 2014

Sponsor: Investec Bank Limited