NASPERS LIMITED - DIRECTORS DEALINGS

NASPERS LIMITED - DIRECTORS DEALINGS                                            
NASPERS LIMITED                                                                 
(Incorporated in the Republic of South Africa)                                  
(Registration number 1925/001431/06)                                            
Share code:  NPN     ISIN: ZAE000015889                                         
(`Naspers" or `the company")                                                    
Directors dealings                                                              
In compliance with Rules 3.63 - 3.74 of the JSE Listings Requirements,          
the following information is disclosed:-                                        
  Director of a major         Mr JDT Stofberg                                   
  subsidiary:                                                                   
Transaction date:           17 December 2004                                  
  Price at which shares were  Average price of R71.855 per share                
  sold:                                                                         
  Number of shares:           500 000 Naspers "N" ordinary shares               
Class of shares:            "N" Ordinary                                      
  Offer price of shares to Mr Average price of R24,708 per share                
  JDT Stofberg in terms of    (based on the listed market prices                
  the MIH Holdings share      of MIH Holdings Limited shares on                 
incentive trust:            the date of the offers)                           
  Nature of transaction:      Sale of vested shares held in the                 
                              MIH Holdings Share Incentive Trust                
                              by Mr Stofberg"s family trust. These              
shares were originally MIH Holdings               

                              Limited shares offered and accepted               
                              and ceded to the family trust on 15               
                              September 1997 (and rights offer                  
shares attached thereto), which were              

                              converted into Naspers shares in                  
                              terms of a scheme of arrangement                  
                              completed in December 2002.                       
Nature of interest:         Indirect non-beneficial                           
  Clearance:                  Clearance has been received in terms              
                              of paragraph 3.66 of the JSE                      
                              Listings Requirements                             
Cape Town                                                                       
17 December 2004                                                                
Sponsor: Investec Bank Limited                                                  
Date: 17/12/2004 04:25:31 PM Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department