Director/PDMR Shareholding

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: 27 August 2019

Number of shares: 3 141 Naspers shares

Class of shares: N ordinary

Total value of transaction: R10 656 891,59

Group share-based incentive plan: MIH Holdings Share Trust

Company: Naspers Limited

Transaction date: 27 August 2019

Number of shares: 12 295 Naspers shares

Class of shares: N ordinary

Total value of transaction: R41 714 894,03

Group share-based incentive plan: Naspers Restricted Stock Plan Trust

Company: Naspers Limited

Transaction date: 27 August 2019

Number of shares: 1 519 Naspers shares

Class of shares: N ordinary

Total value of transaction: R5 153 714,85

Volume weighted average

price per share: R3 392,834

Highest price per share: R3 399,52

Lowest price per share: R3 384,25

Nature of transaction: On market acquisition of Naspers N ordinary shares to satisfy the MIH Services FZ LLC Share Trust's, MIH Holdings Share Trust's and Naspers Restricted Stock Plan Trust's obligation to 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

29 August 2019

Sponsor: Investec Bank Limited