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

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