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")

In compliance with Rule 3.92 of the JSE Listings Requirements, the following information is disclosed:-

Group share-based incentive plan:      MIH Services FZ LLC Share Trust

Company:                                                 Naspers Limited

Transaction date:                                    23 July 2019

Number of shares:                                  21,547 Naspers shares

Class of shares:                                       N ordinary

Total value of transaction:                    R75 687 799.99

Volume weighted average

price per share:                                      R3 512.6839

Highest price per share:                       R3 518.54

Lowest price per share:                        R3 509.64

Nature of transaction:                        On market acquisition of Naspers N ordinary shares to satisfy the MIH Services FZ LLC Share Trust's obligation toward its participants for awards made.   

Nature of interests:                             Indirect beneficial

Clearances:                                           Clearance has been received in terms of paragraph 3.92 of the JSE Listings Requirements

Cape Town

25 July 2019

Sponsor: Investec Bank Limited