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")

DEALING IN SECURITIES BY DIRECTOR

In compliance with rules 3.63 to 3.74 of the JSE Limited Listings Requirements, the following information is disclosed:

Director: Tshamano Mohau Frederik (Fred) Phaswana

Company: Naspers Limited

Transaction date: 27 September 2019

Nature of transaction: On market sale of Naspers N shares

Number of shares: 2 700 Naspers N ordinary shares

Class of shares: N ordinary shares

Total value of transaction: R6 313 248.00

Volume weighted average

price per share: R2 338.24

Highest price per share: R2 338.24

Lowest price per share: R2 338.24

Nature of transaction: Sale of 2 700 Naspers N ordinary shares by Mr Phaswana's family trust.

Nature of interest: Indirect Beneficial

Clearance: Clearance has been received in terms of paragraph 3.66 of the JSE Listings Requirements

CAPE TOWN

3 October 2019

Sponsor: Investec Bank Limited