Directors' Dealings NASPERS LIMITED (Incorporated in the Republic of South Africa) (Registration number 1925/001431/06) Share code: NPN ISIN: ZAE000015889 LSE ADS code: NPSN ISIN: US 6315121003 (‘Naspers’ or ‘the company’) In compliance with Rules 3.63 – 3.74 of the JSE Listings Requirements, the following information is disclosed:- Director: Mr S J Z Pacak Company: Naspers Limited Transaction date: 11 December 2015 Nature of transaction: on market sale Number of shares: 11 909 Naspers shares Class of shares: N ordinary Total value of transaction: R24 130 410,19 Volume weighted average price per share: R2 026,23 Highest price per share: R2 030,01 Lowest price per share: R2 025,00 Date of vesting in the group share-based incentive plan: Naspers Share Incentive Scheme: 11 909 shares, a portion of an offer made on 7 August 2006 which vested on 7 August 2011 Nature of transaction: Sale of vested shares held in the Naspers Share Incentive Scheme by Mr S J Z Pacak Nature of interest: Direct beneficial Clearance: Clearance has been received in terms of paragraph 3.66 of the JSE Listings Requirements Director: Mr M R Sorour Company: Naspers Limited Transaction date: 15 December 2015 Nature of transaction: on market sale Number of shares: 14 560 Naspers shares Class of shares: N ordinary Total value of transaction: R29 054 115,64 Volume weighted average price per share: R1 995,47 Highest price per share: R2 000,00 Lowest price per share: R1 988,04 Nature of transaction: Mr Sorour exercised vested options in a group share-based incentive plan and received 34 435 Naspers N ordinary shares in settlement of the gain made on exercising the options of which 14 560 Naspers N ordinary shares were sold. Mr Sorour retained the remaining 19 875 Naspers N ordinary shares. Nature of interest: Direct beneficial Clearance: Clearance has been received in terms of paragraph 3.66 of the JSE Listings Requirements Cape Town 15 December 2015 Sponsor: Investec Bank Limited Date: 15/12/2015 05:15:00 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.