NASPERS LIMITED - Dealings in securities by a Director

Dealings in securities by a Director

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')

Dealing in securities by a Director

In compliance with Rules 3.63 - 3.74 of the JSE Listings Requirements,the following information is disclosed:-


Director:                Mr Mark Sorour
Company:                               Naspers Limited
Transaction date:                      19 September 2019
Nature of transaction:                 on market sale of securities
Class of shares:                       9 237 N ordinary
Total value of transaction:            R22 327 861.14
Volume weighted average
price per share:                       R2 417.22
Highest price per share:               R2 417.22
Lowest price per share:                R2 417.22
Date of vesting in the group
share-based incentive plan:            Share appreciation rights vested in the MIH China/MIH TC
                                       2008 share appreciation rights plan. The two tranches
                                       relating to this exercise vested as follows: the first tranche
                                       of 8 000 appreciation rights vested on 17 January 2018 and
                                       the second tranche of 8 000 appreciation rights vested on
                                       17 January 2019.

                                       Mark Sorour had a defined period in which to exercise the
                                       share appreciation rights, failing which they would lapse.

Nature of transaction:                 Mark Sorour exercised share appreciation rights in the MIH
                                       China/MIH TC 2008 share appreciation rights plan (vesting
                                       on dates as per above) and received 9 237 Naspers N
                                       ordinary shares in settlement of the gain. He then sold the
                                       9 237 Naspers N ordinary shares.

Nature of interest:                    Direct Beneficial
Clearance:                             Clearance has been received in terms of paragraph 3.66 of
                                       the JSE Listings Requirements


Cape Town

20 September 2019
Sponsor: Investec Bank Limited

Date: 20/09/2019 05:30:00
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