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 to 30 September 2011.
We expect core headline earnings per share to be between 5% and 15% higher than
the comparable period`s 860 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 to 30 September 2011
will be between 40% and 50% lower compared to the prior period`s 921 cents,
mainly as a consequence of once-off dilution gains in the prior period arising
from the contribution of the group`s stake in Mail.ru into the newly listed
entity.
Headline earnings per share for the period are expected to be between 5% and 15%
higher than the prior period`s 633 cents.
Further details will be provided in the interim report, due to be released on or
about 29 November 2011. Financial information on which this trading statement is
based has not been reviewed or reported on by the company`s auditors.
Cape Town
16 November 2011
Sponsor: Investec Bank Limited
Date: 16/11/2011 12:00:30 Produced by the JSE SENS Department.
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