MIH Holdings Limited/ Naspers Limited - Announcement
MIH Holdings Limited
(Incorporated in the Republic of South Africa)
(Registration number 1993/005613/06
ISIN code :ZAE000018941
JSE Code : MHH
Naspers Limited
(Incorporated in the Republic of South Africa)
(Registration number 1925/001431/06
ISIN code : ZAE000015889
JSE Code : NPN
Disposal of interest in OpenTV Corp.
Shareholders of MIHH and Naspers are referred to the announcement made by MIHH
on 18 June 2002 advising that MIHH shareholders had voted in favour of the
proposed disposal by OTV Holdings Limited ("OTV"), an indirect wholly owned
subsidiary of MIH Limited, of its interest in OpenTV Corp.
The outstanding conditions precedent have now been met and the disposal of
OpenTV Corp completed.
27 August 2002 27 August 2002
Randburg Cape Town
Financial adviser
Merrill Lynch International
Sponsor to MIHH
Merrill Lynch South Africa (Proprietary) Limited
Sponsor to Naspers in respect of this transaction
Merrill Lynch South Africa (Proprietary) Limited
Sponsor to Naspers
Gensec
Attorneys in USA and UK in respect of this transaction
Cravath, Swaine & Moore
Attorneys in South Africa in respect of this transaction
Webber Wentzel Bowens
Reporting Accountants
PricewaterhouseCoopers Inc.
Date: 28/08/2002 07:00:00 AM Produced by the JSE SENS Department
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