NASPERS LIMITED - Dealings by Director Mr S J Z Pacak

Dealings by Director Mr S J Z Pacak

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 S J Z Pacak
Company:                            Naspers Limited
Transaction date:                   15 December 2016
Nature of transaction:              on market sale of securities
Number of shares:                   27 875 Naspers shares
Class of shares:                    N ordinary
Total value of transaction:         R55 388 941,31
Volume weighted average
price per share:                    R1 987,0472
Highest price per share:            R1 995,00
Lowest price per share:             R1 985,00

Nature of transaction:              off market purchase of securities
Number of shares:                   32 125 Naspers shares
Class of shares:                    N ordinary
Total value of transaction:         R5 621 875,00
Price per share:                    R175,00

Date of vesting in the group
share-based incentive plan:         The trades relate to the balance of an offer of Naspers N
                                    ordinary share options made and accepted on 29 March
                                    2007 in the MIH (Mauritius) Limited Share Trust (the
                                    Trust). The options vested in three equal tranches. The
                                    remainder of the first tranche, 4 000 share options, vested
                                    on 29 March 2010, the second tranche, 28 000 share
                                    options vested on 29 March 2011 and the final tranche,
                                    28 000 share options, vested on 29 March 2012. In terms of
                                    the rules of the Trust the exercise of options and delivery of
                                    shares acquired may not be taken later than the tenth
                                    anniversary of the offer date.

                                    Accordingly, on 15 December 2016 a total of 60 000
                                    options were exercised. 32 125 Naspers N ordinary shares
                                    were delivered to Mr Pacak upon payment of the amount of
                                    R5 621 875,00 (being the listed market value on the date of
                                    the offer). The proceeds of the sale of 27 875 Naspers N
                                    ordinary shares were used to settle the amount due to the
                                    MIH (Mauritius) Limited Share Trust.

Nature of transaction:              Sale of some and delivery of the remaining vested N
                                    ordinary shares held in the MIH (Mauritius) Limited Share
                                    Trust by Mr Pacak.

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

Cape Town
19 December 2016
Sponsor: Investec Bank Limited




                                                                                        
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