CHANGE IN MANAGEMENT OF PAY-TV SEGMENT

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")

CHANGE IN MANAGEMENT OF PAY-TV SEGMENT

Mr Eben Greyling, CEO of Naspers's pay-TV segment has decided to take a break and pursue new interests after more than 18 years with the group.

Eben has been instrumental in building the group's successful pay-TV businesses across the continent. Under his leadership over the last five years the subscriber base and turnover of the pay-TV businesses more than doubled. He has made a great contribution and delivered a sterling service to the group. The board wishes him all the best as he takes a break to prepare for the next phase of his career.

Mr Jim Volkwyn, previous head of the group's pay-TV segment, will take over the reins from 1 April 2014.

More information on the group is available on the website www.naspers.com.

Cape Town

31 March 2014

Sponsor: Investec Bank Limited