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MIH Holdings Limited/ Naspers Limited - Announcement

Release Date: 28/08/2002 07:01
Code(s): MHH NPN
Wrap Text

MIH Holdings Limited/ Naspers Limited - Announcement MIH Holdings Limited (Incorporated in the Republic of South Africa) (Registration number 1993/005613/06 ISIN code :ZAE000018941 JSE Code : MHH Naspers Limited (Incorporated in the Republic of South Africa) (Registration number 1925/001431/06 ISIN code : ZAE000015889 JSE Code : NPN Disposal of interest in OpenTV Corp. Shareholders of MIHH and Naspers are referred to the announcement made by MIHH on 18 June 2002 advising that MIHH shareholders had voted in favour of the proposed disposal by OTV Holdings Limited ("OTV"), an indirect wholly owned subsidiary of MIH Limited, of its interest in OpenTV Corp. The outstanding conditions precedent have now been met and the disposal of OpenTV Corp completed. 27 August 2002 27 August 2002 Randburg Cape Town Financial adviser Merrill Lynch International Sponsor to MIHH Merrill Lynch South Africa (Proprietary) Limited Sponsor to Naspers in respect of this transaction Merrill Lynch South Africa (Proprietary) Limited Sponsor to Naspers Gensec Attorneys in USA and UK in respect of this transaction Cravath, Swaine & Moore Attorneys in South Africa in respect of this transaction Webber Wentzel Bowens Reporting Accountants PricewaterhouseCoopers Inc. Date: 28/08/2002 07:00:00 AM Supplied by www.sharenet.co.za Produced by the JSE SENS Department

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