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Investor call details: Listing and unbundling of Video Entertainment business as MultiChoice Group on the JSE

17 September 2018

Investor call details: Listing and unbundling of Video Entertainment business as MultiChoice Group on the JSE ANNOUNCEMENT:

Naspers today announced its intention to list its Video Entertainment business separately on the Johannesburg Stock Exchange (JSE) and simultaneously to unbundle the shares in this business to its shareholders.

The new company will be named MultiChoice Group Ltd ("MultiChoice Group") and will include MultiChoice South Africa Holdings (Pty) Ltd (and its subsidiaries, associates and/or affiliates), MultiChoice Africa Holdings B.V. (and its subsidiaries, associates and/or affiliates), MultiChoice Botswana (Pty) Ltd, MultiChoice Namibia (Pty) Ltd, NMS Insurance Services SA Ltd, (the aforesaid entities collectively "MultiChoice"), the African division of Showmax B.V. (and its subsidiaries, associates and/or affiliates), Irdeto Holdings B.V. (and its subsidiaries, associates and/or affiliates) and Irdeto South Africa (Pty) Ltd (collectively "Irdeto").

Pending all requisite approvals, we anticipate that the new MultiChoice Group will list on the JSE in the first half of 2019.

The full announcement of the anticipated listing and unbundling of Naspers’s video entertainment business is available on the Naspers website at www.naspers.com, SENS and the transaction website, which is www.enhancingaccess.com.

INVESTOR CALL:
To update investors about this transaction, Naspers will be hosting a conference call today at 18:00 SAT (i.e. 16:00 GMT, 13:00 EST, 18:00 CET). Naspers management will be represented by Bob van Dijk (Naspers CEO), Basil Sgourdos (Naspers CFO) and Imtiaz Patel (CEO, Video Entertainment).
Investors who would like to participate need to pre-register by visiting Naspers.Multichoice Announcement (or http://www.diamondpass.net/1736396). A replay will be made available and dial-in details for this playback are reflected below.

KINDLY NOTE THE FOLLOWING:
Participation will ONLY BE POSSIBLE for those that have PRE-REGISTERED AHEAD OF THE CALL.
Once you have registered, you will be provided with the information you need to join the conference, including the dial-in numbers and a passcode (to ensure you receive an email confirmation, kindly add 
[email protected] to your "safe list" so it is not blocked by spam filters). Be sure to print this information or save it to your calendar. We also recommend that you dial-in 5-10 mins prior to the start time to ensure sufficient opportunity for assistance, should it be required. 

Click here to listen to a recording of the Naspers Investor Call about this transaction.

To unsubscribe please click on this link:  [email protected]
 
Kind regards
Naspers Investor Relations
+27 11 289 3320
 

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