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: Mr S J Z Pacak

Company: Naspers Limited

Transaction date: 22 January 2016

Nature of transaction: on market sale of securities

Number of shares: 10 000 Naspers shares

Class of shares: N ordinary

Total value of transaction: R18 560 666,00

Volume weighted average

price per share: R1 856,0666

Highest price per share: R1 871,81

Lowest price per share: R1 830,50

Transaction date: 25 January 2016

Nature of transaction: on market sale of securities

Number of shares: 5 000 Naspers shares

Class of shares: N ordinary

Total value of transaction: R9 331 671,50

Volume weighted average

price per share: R1 866,3343

Highest price per share: R1 924,98

Lowest price per share: R1 815,12

Nature of transactions: Sale of shares by Mr Pacak'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

26 January 2016

Sponsor: Investec Bank Limited