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Washington, D.C. 20549
Form 6-K
Report of Foreign Issuer
Pursuant to Rule 13a-16 or 15d-16 of
the Securities Exchange Act of 1934
For the month of January 2006
(Translation of registrant's name into English)
Naspers Centre
40 Heerengracht
Cape Town
(Address of principal executive offices)
(Indicate by check mark whether the registrant
files or will file annual reports under cover of Form 20-F
or Form 40-F.)
Form 20-F         x
Form 40-F
(Indicate by check mark whether the registrant by
furnishing the information contained in this form is also
thereby furnishing the information to the Commission
pursuant to Rule 12g3-2(b) under the Securities Exchange Act
of 1934.)
No     x
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Page Number
An announcement in compliance
with Rules 3.63 – 3.74 of the
JSE Listings Requirements (the
South African Stock Exchange)
relating to an agreement
reached between Mr J P Bekker
as member of a consortium and
Sanlam Limited, dated January
25, 2006
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(Incorporated in the Republic of South Africa)
(Registration number 1925/001431/06)
Share code: NPN ISIN: ZAE000015889
(‘Naspers’ or ‘the company’)

In compliance with Rules 3.63 – 3.74 of the JSE Listings Requirements, the following
information is disclosed:-

Mr J P Bekker as member of a consortium

Transaction date:
25 January 2006

Nature and details of transaction:
Agreement has been reached in terms of which
Sanlam Limited will contribute 168 605 Naspers
Beleggings Limited ordinary shares, 16 876 500
Keeromstraat 30 Beleggings Limited ordinary shares
and 133 350 Naspers ‘A’ shares into a new entity.
Sanlam will own 50% of the entity, while Mr JP
Bekker will acquire an interest of 25% for a cash
contribution of R67,5 million. The remaining 25%
will be acquired by Mr JDT Stofberg and other
interested parties.
Sanlam’s shareholding in Naspers “N” ordinary
shares is not affected by this transaction

Nature of interest:
Indirect beneficial

Clearance has been received in terms of paragraph
3.66 of the JSE Listings Requirements

Cape Town
25 January 2006
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It was announced today that Sanlam has injected the “A” shares it holds in Naspers into a
new company, provisionally named Wheatfields 221, and has onsold half of the company
to entities acting for Koos Bekker and Cobus Stofberg.

The “A” shares represent 13% of the voting power in Naspers, but fall outside of the two
companies that jointly control Naspers viz: Nasbel and Keerom. These two companies
have a joint voting power of 56% of the voting power of Naspers. Nasbel and Keerom
also have voting pool and pre-emptive agreements with one another.

Mr Johan van der Merwe, CEO of Sanlam Investment Management, said that Sanlam
decided to monetise part of its investment. The partial sale of the assets allowed it to do
so, while retaining a material interest in any future upside.

“The independence of Naspers has been a crucial factor in our international success,” said
Koos Bekker, Managing Director of the group. “We understood fully why Sanlam
desired to liquidate its investment, but were concerned that it may end up in the hands of
a raider. Were this to happen, our group’s ability to do business in several countries
would be severely compromised.”

Cobus Stofberg, based at the MIH group’s headquarters in Europe, said that for
convenience in concluding the deal, the entities acting for him and Koos Bekker had
assumed the financial risk on an equal basis. Some of the shares they acquired may be
onsold at a later stage to other interested parties.

Wheatfields now owns Sanlam’s holdings of 133 350 Naspers A shares, 168 605 Nasbel
shares, and 16 860 500 shares in Keerom. Neither the Nasbel nor the Keerom shares
held by Wheatfields have significant voting rights, since Nasbel is controlled by Naspers,
via its subsidiary Heemstede, and voting in Keerom is structured in such a way that
Wheatfields can exercise only 50 votes. Each of Bekker and Stofberg’s entities will pay
R67,5 million for it’s interest.

Cape Town
26 January 2006

For further information: Johan van der Merwe, CEO of SIM: 021 950 2945
Koos Bekker: 021 406 3833
Cobus Stofberg: 09 31 653 409 973
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Pursuant to the requirements of the Securities
Exchange Act of 1934, the registrant has duly caused this
report to be signed on its behalf by the undersigned,
thereunto duly authorized.
Date: January 25, 2006 by
Name: Stephan J. Z. Pacak
Title: Director