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Naspers Limited - Dealings In Securities

Release Date: 26/01/2006 08:30
Code(s): NPN
Wrap Text

Naspers Limited - Dealings In Securities NASPERS LIMITED (Incorporated in the Republic of South Africa) (Registration number 1925/001431/06) Share code: NPN & ISIN: ZAE000015889 (`Naspers" or `the company") Dealings In Securities In compliance with Rules 3.63 - 3.74 of the JSE Listings Requirements, the following information is disclosed: - Director: Mr J P Bekker as member of a consortium Transaction date: 25 January 2006 Nature and details of transaction: Agreement has been reached in terms of which Sanlam Limited will contribute 168 605 Naspers Beleggings Limited ordinary shares, 16 876 500 Keeromstraat 30 Beleggings Limited ordinary
shares and 133 350 Naspers `A" shares into a new entity. Sanlam will own 50% of the entity, while Mr JP Bekker will acquire an interest of 25% for a cash contribution of R67,5 million. The remaining
25% will be acquired by Mr JDT Stofberg and other interested parties. Sanlam"s shareholding in Naspers "N" ordinary shares is not affected by this transaction
Nature of interest: Indirect beneficial Clearance: Clearance has been received in terms of paragraph 3.66 of the JSE Listings Requirements Cape Town 25 January 2006 Sponsor: Investec Bank Date: 26/01/2006 08:30:04 AM Supplied by www.sharenet.co.za Produced by the JSE SENS Department

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