| Wed 10 Jun 2009, 14:30 | | NPN - Naspers Limited - Acquisition of Polish Financial Portal Bankier.PL |
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NPN
NPN
NPN - Naspers Limited - Acquisition of Polish Financial Portal Bankier.PL
NASPERS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1925/001431/06)
Share code: NPN & ISIN: ZAE000015889
ACQUISITION OF POLISH FINANCIAL PORTAL BANKIER.PL
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 Bankier.pl.
If the offer is successful, Allegro, the leading e-commerce platform in Eastern
Europe, intends to integrate Bankier.pl`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).
Contact details:
Meloy Horn Mark Sorour
Head of Investor Relations Group Chief Investment Officer
Naspers Naspers
+27 11 289 3320 +27 21 406 3008
+27 82 772 7123 +27 83 250 0000
Meloy.horn@naspers.com msorour@naspers.com
10 June 2009
Sponsor: Investec Bank Limitd
Important legal information:
This press release contains forward-looking statements. While these forward-
looking statements represent our judgments 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:
Naspers is a multinational media company with principal operations in electronic
media (including pay television, internet and the provision of related
technologies) and print media (including the publishing, distribution and
printing of magazines, newspapers and books).The group creates media content,
builds brand names around it, and manages the platforms distributing the
content. Naspers`s most significant operations are located in South Africa,
elsewhere in sub-Saharan Africa, China, Russia, eastern Europe, the Netherlands,
Brazil and Thailand.
Date: 10/06/2009 14:30:02 Produced by the JSE SENS Department.
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