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 J J Volkwyn

Major subsidiary: MultiChoice South Africa Holdings (Proprietary)

Limited

Transaction date: 10 December 2015

Nature of transaction: on market sale

Number of shares: 11 000 Naspers shares

Class of shares: N ordinary

Total value of transaction: R22 565 890,38

Volume weighted average

price per share: R2 051,45

Highest price per share: R2 053,87

Lowest price per share: R2 051,00

Date of vesting in the group

share-based incentive plan: MIH Holdings Share Trust: 11 000 shares, a portion of an offer made on 12 March 2011

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

Nature of interest: Direct, Beneficial

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

Cape Town

11 December 2015

Sponsor: Investec Bank Limited