Director dealing in securities - update 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’) DIRECTOR DEALING IN SECURITIES - UPDATE Further to the announcement released on SENS on 21 July 2017, the sale of securities was effected on-market. All details disclosed below remain unchanged. Director: Mr M R Sorour Company: Naspers Limited Transaction date: 19 July 2017 Nature of transaction: Sale of securities Number of shares: 5 833 Naspers shares Class of shares: N ordinary Total value of transaction: R16 178 110.90 Volume weighted average price per share: R2 773.5489 Highest price per share: R2 775.01 Lowest price per share: R2 768.27 Date of vesting in the group share-based incentive plan: 17 January 2016 and 17 January 2017 Nature of transaction: Mr Sorour exercised share appreciation rights in a group share-based incentive plan and received 5 833 Naspers N ordinary shares in settlement of the gain. He then sold 5 833 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 25 July 2017 Sponsor: Investec Bank Limited Date: 25/07/2017 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.