ZUG, Switzerland, October 8 /PRNewswire/ --

- Naspers - Acquisition of the Auction Web Site vatera.hu

MIH Internet Europe is pleased to announce its acquisition of
vatera.hu, Hungary's leading auction Web site. MIH Internet Europe, a
subsidiary of the South African print and online media company Naspers (JSE:
NPN) now holds 100% of the share capital of vatera.hu.

Christian Unger, CEO of MIH Internet Europe, is pleased about
the addition: "This acquisition fits into our strategy excellently and
strengthens our position on the Eastern European market. Of course we will
continue to operate the successful name vatera.hu as an independent brand."
Vatera.hu was established in the year 2000 and as a full-service auction
platform operator the company offers sales solutions for Internet trading by
private individuals and companies, closed auctions for dealers, as well as IT
and vehicle park liquidations for enterprises. In addition, vatera.hu offers
services and infrastructure solutions (e.g. Internet shops) for retailers.
Hungary represents a key market for Naspers' planned expansion into the
Eastern European region. The existing management team will continue to steer
vatera.hu and thereby become part of MIH Internet Europe.

MIH Internet Europe / MIH Group is a multinational media
company that does business in the segments of electronic media, pay TV, the
Internet, instant messaging and dissemination of the associated technologies.
Christian Unger is CEO of MIH Internet Europe and manages the entire European
Internet segment of the listed South African media company Naspers. Prior to
joining Naspers Unger was employed in management functions in the publishing
sector as well as for print and electronic media at various media companies
(Bertelsmann, Arcandor, Tradus).

Leading Internet companies and online auction companies such
as allegro.pl (the market leader in Poland) and ricardo.ch (the market leader
in Switzerland), Aukro (Bulgaria, the Czech Republic), and QXL (Denmark,
Norway) as well as leading online portals such as Gadu-Gadu (Poland) or
mail.ru (Russia) are grouped under the umbrella of MIH Internet Europe.

Contact:

    Naspers - MIH Internet Europe
    Nicole Portmann
    Grafenau 12, P.O. Box 4636
    CH-6304 Zug
    Tel.: +41-41-769-34-34
    Fax:  +41-41-769-33-20
    E-mail: nicole.portmann@tradus.com
    Internet: http://www.naspers.com

    Loepfe & Partner AG
    Steven Loepfe
    Alpenstrasse 16
    CH-6301 Zug
    Tel,: +41-41-722-33-22
    Fax: +41-41-722-33-23
    E-Mail: loepfe@loepfe.ch
    Internet: http://www.loepfe.ch