SENS: Update on Naspers share purchase

Naspers Limited
(Incorporated in the Republic of South Africa)
(Registration number 1925/001431/06)
JSE share code: NPN ISIN: ZAE000015889LSE
ADS code: NPSN ISIN: US 6315122092
(Naspers)

Update on Naspers share purchase

Shareholders are referred to the announcement issued by Naspers's subsidiary Prosus N.V. (Prosus) on 23 November 2020 in respect of the launch ofan on-market Naspers N ordinary share purchase programme of up to US$3.63 billion (the Share Purchase) by Prosus.

Originally driven by the regulatory requirement to provide weekly updates on Prosus ordinary shares N repurchased, Prosus decided to continue providing voluntary updates to Naspers shareholders on the Naspers N ordinary shares it purchased.

For the period between 19 April 2021 and 23 April 2021, Prosus purchased 312 439 Naspers N ordinary shares at an average price of ZAR3 427.9781 per share for a total consideration of ZAR1 071 034 043.25 (US$75 043 233.08).

Cape Town
28 April 2021
Sponsor: Investec Bank Limited

Disclaimer

The information contained in this document may contain forward-looking statements, estimates and projections. Forward-looking statements involve all matters that are not historical and may be identified by the words 'anticipate', 'believe', 'estimate', 'expect', 'intend', 'may', 'should', 'will', 'would' and similar expressions or their negatives, but the absence of these words does not necessarily mean that a statement is not forward-looking. These statements reflect Prosus's intentions, beliefs or current expectations, involve elements of subjective judgement and analysis and are based upon the best judgement of Prosus as of the date of this document, but could prove to be wrong. These statements are subject to change without notice and are based on a number of assumptions and entail known and unknown risks and uncertainties. Therefore, you should not rely on these forward-looking statements as a prediction of actual results.

Any forward-looking statements are made only as of the date of this document and neither Prosus nor any other person gives any undertaking or is under any obligation, to update these forward-looking statements for events or circumstances that occur subsequent to the date of this document or to update or keep current any of the information contained herein, any changes in assumptions or changes in factors affecting these statements and this document is not a representation by Prosus or any other person that they will do so, except to the extent required by law.