Notification in terms of Section 122(3) of the Companies Act and Section 3.83(b) of the JSE Listings Requirements 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”) NOTIFICATION IN TERMS OF SECTION 122(3) OF THE COMPANIES ACT AND SECTION 3.83(b) OF THE JSE LISTINGS REQUIREMENTS In accordance with section 122(3)(b) of the Companies Act, 71 of 2008 (“the Act”), and section 3.83(b) of the JSE Listings Requirements, holders of N ordinary shares in the Company are advised that Coronation Asset Management (Pty) Limited on behalf of the Coronation Group, on behalf of its clients, has acquired a beneficial interest in N ordinary shares of the Company (“the securities”), such that all its beneficial interests of the securities of the Company amount to 5,02% of the total number of N ordinary shares in issue. Naspers hereby confirms that it has received the required notice from Coronation Asset Management (Pty) Limited on behalf of the Coronation Group, on behalf of its clients, in terms of Section 122(1) of the Act. As required in terms of section 122(3) (a) of the Act, Naspers has filed the required notice with the Takeover Regulation Panel. Cape Town 24 February 2016 Sponsor: Investec Bank Limited Date: 24/02/2016 04:00:00 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.