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:-

Amended for additional disclosure: Exercised 43 490 Naspers options and the full net gain after tax on the disposal of 11 007 Naspers N ordinary shares was reinvested in Naspers N ordinary shares resulting in the acquisition of 32 483 Naspers N ordinary shares.

Director: Mr V Sgourdos

Company: Naspers Limited

Transaction date: 1 August 2018

Nature of transaction: on market sale of securities

Number of shares: 11 007 Naspers shares

Class of shares: N ordinary

Total value of transaction: R35 828 955.60

Volume weighted average

price per share: R3 255.11

Highest price per share: R3 258.60

Lowest price per share: R3 254.00

Nature of transaction: off market purchase of securities

Number of shares: 32 483 Naspers shares

Class of shares: N ordinary

Total value of transaction: R106 191 474.62

Price per share: R3 269.14

Date of vesting in the group

share-based incentive plan: The trades relate to an offer of Naspers N ordinary share options made and accepted on 19 September 2011 in the MIH Services FZ LLC Share Trust (the Trust). The options vested in three tranches. The first tranche, 7 081 share options, vested on 19 September 2014, the second tranche, 7 081 share options vested on 19 September 2015 and the final tranche, 7 082 share options, vested on 19 September 2016.

An offer of Naspers N ordinary share options made and accepted on 2 July 2012 in the MIH Services FZ LLC Share Trust (the Trust). The options vested in three tranches of which two tranches were exercised. The first tranche, 11 123 share options, vested on 2 July 2015 and the second tranche, 11 123 share options vested on 2 July 2016.

On 1 August 2018 a total of 11 007 Naspers N ordinary shares were sold by Mr Sgourdos and 32 483 Naspers N ordinary shares will be delivered to Mr Sgourdos upon payment of the amount of R17 061 494.12 (being the listed market value on the date of the offer) from the proceeds of the sale of the 11 007 Naspers N ordinary shares (distributed to Mr Sgourdos), to settle the amount due to the MIH Services FZ LLC Share Trust.

Nature of transaction: Sale of 11 007 vested Naspers N ordinary shares from MIH Services FZ LLC Share Trust and delivery of 32 483 vested Naspers N ordinary shares held in the MIH Services FZ LLC Share Trust by Mr Sgourdos.

Nature of interest: Direct Beneficial

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

Cape Town

3 August 2018

Sponsor: Investec Bank Limited