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 Rule 3.92 of the JSE Listings Requirements, the following information is disclosed:-

Group share-based incentive plan: Naspers Restricted Stock Plan Trust

Company: Naspers Limited

Transaction date: 3 February 2017

Number of shares: 23 765 Naspers shares

Class of shares: N ordinary

Total value of transaction: R51 517 560.50

Volume weighted average

price per share: R2 167.7913

Highest price per share: R2 189.00

Lowest price per share: R2 176.00

Nature of transaction: Sale of unallocated Naspers N ordinary shares on market.

Nature of interest: Direct beneficial

Clearance: Clearance has been received in terms of paragraph 3.92 of the JSE Listings Requirements

Cape Town

7 February 2017

Sponsor: Investec Bank Limited