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NPN - Naspers Limited - Further cautionary announcement - Diposal of Netmed N.V

Release Date: 04/06/2008 15:08
Code(s): NPN
Wrap Text

NPN - Naspers Limited - Further cautionary announcement - Diposal of Netmed N.V Naspers Limited (Incorporated in the Republic of South Africa) (Registration number 1925/001431/06) JSE share code: NPN ISIN: ZAE000015889 LSE ADS code: NPSN ISIN: US 6315121003 ("Naspers" or "the company") FURTHER CAUTIONARY ANNOUNCEMENT - DIPOSAL OF NETMED N.V Shareholders are referred to the announcements published on 15 April and 23 April 2008 regarding the disposal of the group`s Greek and Cypriot pay- television operations ("NetMed") to Forthnet SA ("Forthnet"), a leading Greek telecommunication company. Forthnet has received its shareholders` approval to proceed with a rights issue of EUR300 million to partly fund the transaction. However, as previously advised, the completion of the transaction is still subject to a number of conditions. Accordingly shareholders are advised that they should continue to exercise caution when dealing in the company`s securities until a further announcement is made. CAPE TOWN 4 June 2008 Sponsor Investec Bank Limited (Registration number 1969/004763/06) Date: 04/06/2008 15:08:01 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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