Disposal

23 Apr 2008 08:00

Naspers Limited23 April 2008 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") FURTHER ANNOUNCEMENT DISPOSAL OF NETMED N.V. AND CAUTIONARY Shareholders are referred to the announcement published on 15 April 2008 inwhich Naspers advised that Myriad International Holdings B.V., an indirectwholly owned subsidiary of Naspers, had entered into conditional sale agreementsfor the disposal of its Greek and Cypriot pay-TV operations ("NetMed") toForthnet SA ("Forthnet") a leading Greek telecommunication company. As previously advised, the completion of the transaction is subject to a numberof conditions, including the approval by Forthnet's shareholders of a rightsissue to partly fund the acquisition of NetMed. Certain financial information onNetMed, including unaudited estimated results to 31 March 2008, has beenprovided to Forthnet, which it intends to disclose publicly as part of itsrights offer process. Details of such information can be found on the Nasperswebsite www.naspers.com. Shareholders are reminded that they should continue to exercise caution whendealing in the company's securities until a further announcement is made. CAPE TOWN 23 April 2008 Sponsor Investec Bank Limited (Registration number 1969/004763/06) This information is provided by RNS The company news service from the London Stock Exchange