Naspers Limited - Results of the Welkom Yizani public offer

     Naspers Limited - Results of the Welkom Yizani public offer                
     Naspers Limited                                                            
     (Incorporated in the Republic of South Africa)                             
(Registration number 1925/001431/06)                                       
     Share code: NPN & ISIN: ZAE000015889                                       
     ("Naspers" or "the company")                                               
     Results of the Welkom Yizani Investments Limited ("Welkom Yizani") public  
offer                                                                      
     1. INTRODUCTION                                                            
     In furtherance of its empowerment objectives, Naspers recently             
     implemented a Broad-Based Black Economic Empowerment ("BEE") ownership     
initiative in relation to Media24 Limited ("Media24"). This initiative     
     was called Welkom Yizani. It will result in the acquisition by qualifying  
     Black Persons and Black Groups ("General Black Public" or "Black           
     Participants") of ordinary shares in the issued share capital of Welkom    
Yizani Investments Limited ("Welkom Yizani"), which in turn will hold      
     ordinary shares in the issued share  capital of Media24 Holdings           
     (Proprietary) Limited ("Media24 Holdings"), the holding company of         
     Media24. Shareholders are referred to the Naspers announcement published   
on 27 September 2006 in this regard.                                       
     2. RESULTS OF THE WELKOM YIZANI PUBLIC OFFER AND ALLOCATION OF SHARES      
     Approximately 108 000 applications were received for the 14 600 000        
     Welkom Yizani ordinary shares offered to the public ("the public offer"),  
pursuant to the public offer that closed on 3 November 2006 ("the closing  
     date"). The details are as follows:                                        
     * Number of Welkom Yizani ordinary shares applied for: 42 193 885          
     * Rand amount of R421 938 850.                                             
The offer was almost three times subscribed. The processing of             
     applications is currently under way and should be finalised soon. In       
     keeping with our broad-based objectives and subject to all applications    
     having been verified, it has been resolved that all Black Person and       
Black Group applicants that applied for Welkom Yizani ordinary shares up   
     to a value of R4 300, will be allocated the full number of Welkom Yizani   
     ordinary shares they applied for (430). Applicants who applied for more    
     than 430 Welkom Yizani ordinary shares, will receive at least 430 Welkom   
Yizani ordinary shares. This allocation will result in approximately 85%   
     of all applicants receiving the full parcel of shares they applied for.    
     The process to refund excess application monies will begin in mid -        
     December 2006.                                                             
Cape Town                                                                  
     27 November 2006                                                           
     Investment bank and sponsors to Naspers                                    
     Investec Corporate Finance                                                 
Investec Bank Limited                                                      
     (Registration number 1969/004763/06)                                       
     Joint attorneys and tax advisers to Naspers                                
     Webber Wentzel Bowens                                                      
Joint attorneys to Naspers                                                 
     Jan S. de Villiers                                                         
     Attorneys                                                                  
Date: 27/11/2006 12:00:06 PM Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department