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Acquisition of Polish financial portal

Announcements, 9 June 2009
In Naspers press releases

South Africa, 9 June 2009 – MIH Allegro B.V., the Polish subsidiary of MIH B.V., part of the Naspers group (JSE: NPN, LSE: NPSN), today announced that it has made a public tender offer to acquire up to 100% of Warsaw-listed Polish financial portal

If the offer is successful, Allegro, the leading e-commerce platform in Eastern Europe, intends to integrate’s products and services into its e-commerce platform in Poland. Bankier provides financial news, analysis and comparison-shopping information on consumer financial products ranging from mutual funds to mortgages.

As part of this public offer, one of Bankier’s current shareholders has irrevocably committed to tender its 18,4% holding. Assuming 100% acceptance of the offer, the total investment will be approximately PLN62,8 million (US$19,3 million).

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