Dealing in securities 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 In compliance with the JSE Listings Requirements, the following information is disclosed: Group share-based incentive plan: Naspers share incentive trust and the MIH Holdings Share Trust Company: Naspers Limited Transaction date: 31 March 2020 Number of shares: 23 256 Naspers shares Class of shares: N ordinary Total value of transaction: R59,389,079.80 Volume weighted average price per share: R2,553.71 Highest price per share: R2,553.71 Lowest price per share: R2,553.71 Nature of transaction: Off-market transfer of Naspers N ordinary shares at the closing price of Naspers N ordinary shares as at 31 March 2020 from the Naspers share incentive trust to the MIH Holdings Share Trust. These Naspers N ordinary shares will be used to satisfy the MIH Holdings Share Trust’s obligation toward its participants for awards to be made in the near future. Nature of interests: Indirect beneficial Clearances: Clearance has been received in terms of paragraph 3.92 of the JSE Listings Requirements CAPE TOWN 1 April 2020 Sponsor: Investec Bank Limited Date: 01-04-2020 05:30:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.