Update on Naspers Share Purchase

Update on Naspers Share Purchase

Naspers Limited
(Incorporated in the Republic of South Africa)
(Registration number 1925/001431/06)
JSE share code: NPN ISIN: ZAE000015889
LSE ADS code: NPSN ISIN: US 6315122092
(Naspers)



UPDATE ON NASPERS SHARE PURCHASE

Shareholders are referred to the announcement issued by Naspers's subsidiary Prosus N.V.
(Prosus) on 23 November 2020 in respect of the launch of an on-market Naspers N ordinary
share purchase programme of up to US$3.63 billion (the Share Purchase) by Prosus.

Originally driven by the regulatory requirement to provide weekly updates on Prosus ordinary
shares N repurchased, Prosus decided to continue providing voluntary updates to Naspers
shareholders on the Naspers N ordinary shares it purchased.

For the period between 3 May 2021 and 7 May 2021, Prosus purchased 351 501 Naspers N
ordinary shares at an average price of ZAR3 276.9241 per share for a total consideration of
ZAR1 151 842 081.99 (US$80 290 248.93).

Cape Town
11 May 2021


Sponsor: Investec Bank Limited

 Enquiries


  Investor Enquiries                                           +1 347-210-4305
  Eoin Ryan, Head of Investor Relations
  Media Enquiries                                              +27 78 802 6310
  Shamiela Letsoalo, Media Relations Director
  SA



About Naspers
Established in 1915, Naspers has transformed itself to become a global consumer internet company and one of the
largest technology investors in the world. Through Prosus, the group operates and invests globally in markets with
long-term growth potential, building leading consumer internet companies that empower people and enrich
communities. Prosus has a listing on Euronext Amsterdam and a secondary listing on the Johannesburg Stock
Exchange and Naspers is the majority owner of Prosus.

In South Africa, Naspers is one of the foremost investors in the technology sector and is committed to building its
internet and ecommerce companies in the country. These include Takealot, Mr D Food, Superbalist, OLX, Autotrader,
Property24 and PayU, in addition to Media24, South Africa's leading print and digital media business.

Naspers is also focused on stimulating South Africa's local tech sector through Naspers Foundry. This is a R1.4 billion
investment targeting early stage technology companies in South Africa that seek to address big societal needs. To
help address youth unemployment in impoverished communities, in 2019, Naspers launched Naspers Labs, a social
impact programme for young, unemployed South Africans aged between 17 and 25. Located in low income, urban
settings, Naspers Labs provide a structured development journey enabling young people to enter the economy.

Naspers has a primary listing on the Johannesburg Stock Exchange (NPN.SJ) and a secondary listing on the A2X
Exchange (NPN.AJ) in South Africa, and has an ADR listing on the London Stock Exchange (LSE: NPSN).

For more information, please visit www.naspers.com.

Disclaimer

                                                                                                                     
The information contained in this document may contain forward-looking statements, estimates and projections.
Forward-looking statements involve all matters that are not historical and may be identified by the words "anticipate",
"believe", "estimate", "expect", "intend", "may", "should", "will", "would" and similar expressions or their negatives,
but the absence of these words does not necessarily mean that a statement is not forward-looking. These statements
reflect Prosus's intentions, beliefs or current expectations, involve elements of subjective judgement and analysis
and are based upon the best judgement of Prosus as of the date of this document, but could prove to be wrong.
These statements are subject to change without notice and are based on a number of assumptions and entail known
and unknown risks and uncertainties. Therefore, you should not rely on these forward-looking statements as a
prediction of actual results.

Any forward-looking statements are made only as of the date of this document and neither Prosus nor any other
person gives any undertaking, or is under any obligation, to update these forward-looking statements for events or
circumstances that occur subsequent to the date of this document or to update or keep current any of the information
contained herein, any changes in assumptions or changes in factors affecting these statements and this document is
not a representation by Prosus or any other person that they will do so, except to the extent required by law.




                                                                                                                     

Date: 11-05-2021 05:50:00
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