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: Mr V Sgourdos

Company: Naspers Limited

Transaction date: 29 December 2015

Nature of transaction: on market sale

Number of shares: 71 122 Naspers shares

Class of shares: N ordinary

Total value of transaction: R149 707 340,76

Volume weighted average

price per share: R2 104,94

Highest price per share: R2 134,47

Lowest price per share: R2 095,00

Date of vesting in the group

share-based incentive plan: MIH (Mauritius) Limited Share Trust: 26 480 shares, an offer made on 22 September 2008 which was fully vested on 22 September 2013; 30 175 shares, an offer made on 1 September 2009 which was fully vested on 1 September 2014 and 14 467 shares, an offer made on 15 March 2010 which was fully vested on 15 March 2015

Nature of transaction: Sale of vested shares held in the MIH (Mauritius) Limited Share Trust by Mr V Sgourdos

Nature of interest: Direct beneficial

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

Cape Town

30 December 2015

Sponsor: Investec Bank Limited