Director/PDMR Shareholding

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')

In compliance with Rules 3.63 - 3.74 of the JSE Listings Requirements, the following information is disclosed:-

Director of a major

subsidiary: Mr M I Patel

Major subsidiary: MultiChoice South Africa Holdings (Proprietary)

Limited

Transaction date: 22 January 2016

Nature of transaction: Sale of securities

Number of shares: 985 Naspers shares

Class of shares: N ordinary

Total value of transaction: R1 817 393,95

Price per share: R1 845,07

Date of vesting in the group

share-based incentive plan: 17 August 2012; 17 August 2013; 17 August 2014; 20 August 2013; 20 August 2014; 20 August 2015; 16 September 2014 and 16 September 2015; 10 September 2015

Nature of transaction: Mr Patel exercised share appreciation rights in a group share-based incentive plan (vesting on dates as per above) and received 985 Naspers N ordinary shares in settlement of the gain. He then sold 985 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

26 January 2016

Sponsor: Investec Bank Limited