| Tue 24 Dec 2002, 10:35 | | MIHL merger completed - Naspers Lists on Nasdaq |
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Naspers Limited
(Incorporated in the Republic of South Africa
(Registration number 1925/001431/06)
Share code NPN ISIN ZAE000015889
("Naspers")
CAPE TOWN, South Africa - 23 December 2002 - Naspers Limited (JSE : NPN, Nasdaq
: NPSN), announced that following the completion of the merger of MIH Limited
with MIH (BVI) Limited on December 20, 2002, its American Depositary Shares were
listed today on the Nasdaq National Market under the trading symbol "NPSN".
Each American Depositary Share represents 10 Class N ordinary shares. Naspers
Class N ordinary shares are traded on the JSE Securities Exchange South Africa
under the symbol "NPN".
- end -
About Naspers:
Naspers is a multinational media company with its principal operations in pay
television and internet subscriber platforms, print media, book publishing,
private education and technology. Naspers` most significant operations are
located in South Africa, where it generates approximately 68% of its revenues,
with other significant operations located elsewhere in Africa and in Greece,
Cyprus, the Netherlands, China and Thailand. Naspers creates media content,
builds brand names around it, and manages the platforms distributing the
content. Naspers delivers its content in a variety of forms and through a
variety of channels, including television platforms, internet systems,
newspapers, magazines and books.
Important Legal Information:
This press release contains forward-looking statements. While these forward-
looking statements represent our judgements 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 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"). Naspers is not under any
obligation to (and expressly disclaims any such obligation to) update or alter
its forward-looking statements whether as a result of new information, future
events or otherwise.
Investors will be able to obtain any documents filed by Naspers with the SEC
from the SEC`s Public Reference Room at 450 Fifth Street, N.W., Washington, D.C.
20549. Telephone: (202) 942-8090, Fax: (202) 628-9001. E-mail:
publicinfo@sec.gov. Documents filed with or furnished to the SEC by Naspers
(other than certain exhibits) are available free of charge from The Company
Secretary, Naspers Limited, 40 Heerengracht, Cape Town, 8001, South Africa,
Telephone No: +27 21 406 2121.
This press release is also available on Naspers` website: www.naspers.com.
Date: 24/12/2002 08:56:00 AM Produced by the JSE SENS Department
