Naspers acquires a 30% share in MXit
South Africa, 26 January 2007 – Naspers Limited (JSE: NPN, NASDAQ: NPSN) today
announced the acquisition of a 30% stake in popular instant-messaging service MXit Lifestyle
(Pty) Ltd for an undisclosed amount.
MXit is an instant-messaging service for mobile phones. It allows users to send and receive
text messages using a mobile phone at a fraction of the cost of an SMS. MXit currently has
about three million users.
“MXit entertained investment offers locally and internationally for more than 12 months and
we set ourselves strict criteria in terms of investment, culture and synergies,” MXit founder
and CEO Herman Heunis said. “We are very excited about teaming up with a South African
company that has such an extensive global footprint, not only in media but other technology
sectors.”
Commenting on the acquisition, Naspers global internet CEO Antonie Roux said, “MXit has a
wonderful product and an impressive entrepreneurial management team. We are delighted at
the prospect of working with them.”
26 January 2007
Contact details:
Beverley
Branford
Sarah
Rice
Naspers
Investor
Relations
Sentient
Communications
+27 21 406 4824
+27 21 422 4275
+27 83 500 8012
+27 83 393 6030
bbranford@naspers.com
sarah.rice@sentientcommunications.co.za
Important legal information:
This press release contains forward-looking statements. While these forward-looking statements
represent our judgements and future expectations, a number of risks, uncertainties and other important
factors could cause actual developments and results to differ materially from our expectations. These
factors include, but are not limited to, the risk that the group companies will not consummate the
proposed reorganization; the costs related to the proposed reorganization; the risk that all anticipated
benefits may not be obtained; and other key factors that we have indicated that could adversely affect
our businesses and financial performance contained in our past and future filings and reports, including
those filed with or furnished to the U.S. Securities and Exchange Commission (the “SEC”). None of
Naspers, MIHH or MIHL are under any obligation to (and expressly disclaims any obligations to) update
or alter its forward-looking statements whether as a result of new information, future events or
otherwise.
About Naspers: