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: 23 July 2019

Number of shares: 21,547 Naspers shares

Class of shares: N ordinary

Total value of transaction: R75 687 799.99

Volume weighted average

price per share: R3 512.6839

Highest price per share: R3 518.54

Lowest price per share: R3 509.64

Nature of transaction: On market acquisition of Naspers N ordinary shares to satisfy the MIH Services FZ LLC Share Trust's obligation toward 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

25 July 2019

Sponsor: Investec Bank Limited