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NPN - Naspers Limited - Trading statement

Release Date: 14/11/2007 15:00
Code(s): NPN
Wrap Text

NPN - Naspers Limited - Trading statement Naspers Limited (Incorporated in the Republic of South Africa) (Reg. No 1925/001431/06) Share Code: NPN ISIN: ZAE000015889 ("Naspers") Trading Statement The Naspers group is presently finalising its interim report for the six months ended 30 September 2007. Shareholders are advised that the group continues to make steady progress in most of the markets in which it operates. We expect core headline earnings to grow between 25% and 35% compared to the restated comparable of R1,322 billion and core headline earnings per share to be between 5% and 15% higher than the restated comparable period core headline earnings per share of 455 cents. Shareholders are reminded that the board considers core headline earnings an appropriate measure of the sustainable operating performance of the group as it adjusts for non-recurring and non-operational items. It is expected that earnings per share for the six months ended 30 September 2007 will be between 45% and 55% higher compared to the prior period`s earnings per share of 284 cents. As previously reported, earnings in the prior period included a foreign currency loss of R260 million, which has not recurred. Headline earnings per share for the period are expected to be between 5% and 15% higher compared to the prior period`s headline earnings per share of 439 cents. Further details will be provided in the interim report, due to be released on or about 27 November 2007. The financial information on which this trading statement is based has not been reviewed or reported on by the company`s auditors. Cape Town 14 November 2007 Sponsor: Investec Bank Limited Date: 14/11/2007 15:00:01 Supplied by www.sharenet.co.za Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited (`JSE`). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.

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