NPN
NPN
NPN - Naspers Limited - Trading Statement
Naspers Limited
(Incorporated in the Republic of South Africa)
(Reg. No 1925/001431/06)
JSE Share Code: NPN ISIN: ZAE000015889
LSE ADS Code: NPSN ISIN: US6315121003
("Naspers")
Trading Statement
Shareholders are advised that the Naspers group is presently finalising its
interim report for the six months ended 30 September 2010.
We expect core headline earnings per share to be between 25% and 35% higher than
the comparable period`s 648 cents. Shareholders are reminded that the board
considers core headline earnings an appropriate indicator 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
2010 will be between 110% and 120% higher compared to the prior period`s 424
cents, mainly as a consequence of once-off accounting profits arising on the
contribution of our investment in Mail.ru to obtain a stake in Digital Sky
Technologies. Headline earnings per share for the period are expected to be
between 55% and 65% higher than the prior period`s 394 cents. We emphasize that
these figures are distorted by non-recurring and non-operational items.
Further details will be provided in the interim report, due to be released on or
about 30 November 2010. Financial information on which this trading statement is
based has not been reviewed or reported on by the company`s auditors.
Cape Town
18 November 2010
Sponsor: Investec Bank Limited
Date: 18/11/2010 14:30:01 Produced by the JSE SENS Department.
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