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:                                         30 September 2019

Number of shares:                                       2 884 Naspers shares

Class of shares:                                             N ordinary

Total value of transaction:                          R6 640 886.44

Volume weighted average

price per share:                                              R2 302.6652

Highest price per share:                                R2 318.10

Lowest price per share:                                 R2 294.89

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

1 October 2019

Sponsor: Investec Bank Limited