NPN
NPN
NPN - Naspers Limited - Trading statement
Naspers Limited
(Incorporated in the Republic of South Africa)
(Reg. No 1925/001431/06)
Share Code: NPN ISIN: ZAE000015889
("Naspers")
Trading Statement
The Naspers group is presently finalising its interim report for the six months
ended 30 September 2007. Shareholders are advised that the group continues to
make steady progress in most of the markets in which it operates.
We expect core headline earnings to grow between 25% and 35% compared to the
restated comparable of R1,322 billion and core headline earnings per share to be
between 5% and 15% higher than the restated comparable period core headline
earnings per share of 455 cents.
Shareholders are reminded that the board considers core headline earnings an
appropriate measure of the sustainable operating performance of the group as it
adjusts for non-recurring and non-operational items.
It is expected that earnings per share for the six months ended 30 September
2007 will be between 45% and 55% higher compared to the prior period`s earnings
per share of 284 cents. As previously reported, earnings in the prior period
included a foreign currency loss of R260 million, which has not recurred.
Headline earnings per share for the period are expected to be between 5% and 15%
higher compared to the prior period`s headline earnings per share of 439 cents.
Further details will be provided in the interim report, due to be released on or
about 27 November 2007. The financial information on which this trading
statement is based has not been reviewed or reported on by the company`s
auditors.
Cape Town
14 November 2007
Sponsor: Investec Bank Limited
Date: 14/11/2007 15:00:01 Produced by the JSE SENS Department.
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