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General SENS Submitter Company - Index Change Advice - 20190923 Naspers Capitalisation Issue Treatment in the Indices

Release Date: 17/09/2019 08:42
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Index Change Advice - 20190923 Naspers Capitalisation Issue Treatment in the Indices

 Naspers (South Africa) and Prosus (South Africa): Capitalisation Issue
                              Elections
                     FTSE/JSE Africa Index Series

                                        16 September 2019
Further to the FTSE/JSE Russell notices released 29 July 2019 and 04 September 2019, and following the
results of the elections in relation to the Capitalisation Issue by Naspers (South Africa, constituent) into
Prosus (South Africa, constituent), please see details of affected indexes and effective dates below:


                                                                                      Effective From
              Index                                    Change
                                                                                     Start of Trading
FTSE/JSE Top 40 Index (J200)          Sappi (South Africa, ZAE000006284,          23 September 2019
                                      6777007) will be deleted from the index.

                                      Prosus (South Africa, NL0013654783,
                                      BJDS7M4) will remain in the index with
                                      an increased shares in issue total from
                                      438,656,059 to 1,624,652,070* and a
                                      decreased investability weighting from
                                      97.018371060503% to
                                      9.911024539814%**.

                                      Naspers (South Africa, ZAE000015889,
                                      6622691) will remain in the index with
                                      an increased shares in issue total from
                                      438,656,059 to 444,667,763** and an
                                      unchanged investability weighting of
                                      97.018371060503%.

                                      PSG Group (South Africa,
                                      ZAE000013017, 6613219) will be
                                      deleted from the index as part of the
                                      September review.


FTSE/JSE All Share Index (J203)       Prosus will remain in the index as          23 September 2019
                                      detailed above.

                                      Naspers will remain in the index as
                                      detailed above.

FTSE/JSE Large Cap Index (J205)       Prosus will remain in the index as          23 September 2019
                                      detailed above.

                                      Naspers will remain in the index as
                                      detailed above.
                                                                                   Effective From
              Index                                  Change
                                                                                  Start of Trading
FTSE/JSE Large and Mid Cap Index     Prosus will remain in the index as         23 September 2019
(J206)                               detailed above.

                                     Naspers will remain in the index as
                                     detailed above.

FTSE/JSE Industrial 25 Index         Pick N Pay Stores (South Africa,           23 September 2019
(J211)                               ZAE000005443, 6688068) will be
                                     deleted from the index.

                                     Prosus will remain in the index as
                                     detailed above.

                                     Naspers will remain in the index as
                                     detailed above.

FTSE/JSE Capped Industrial 25        Pick N Pay Stores (South Africa,           23 September 2019
Index (J311)                         ZAE000005443, 6688068) will be
                                     deleted from the index.

                                     Prosus will remain in the index as
                                     detailed above.

                                     Naspers will remain in the index as
                                     detailed above.

FTSE/JSE Financial & Industrial 30   Tiger Brands (South Africa,            23 September 2019
Index (J213)                         ZAE000071080, B0J4PP2) will be deleted
                                     from the index.

                                     Prosus will remain in the index as
                                     detailed above.

                                     Naspers will remain in the index as
                                     detailed above.

FTSE/JSE Equally Weighted Top 40     Sappi (South Africa, ZAE000006284,         23 September 2019
Index (J2EQ)                         6777007) will be deleted from the index.

                                     Prosus will remain in the index as
                                     detailed above.

                                     Naspers will remain in the index as
                                     detailed above.

                                     PSG Group (South Africa,
                                     ZAE000013017, 6613219) will be
                                     deleted from the index as part of the
                                     September review.

FTSE/JSE Equally Weighted            Pick N Pay Stores (South Africa,           23 September 2019
Industrial 25 Index (J5EQ)           ZAE000005443, 6688068) will be
                                     deleted from the index.

                                     Prosus will remain in the index as
                                     detailed above.

                                     Naspers will remain in the index as
                                     detailed above.
                                                                                 Effective From
             Index                                 Change
                                                                                Start of Trading
FTSE/JSE RAFI All Share Index      Prosus will remain in the index as         23 September 2019
(J263)                             detailed above.

                                   Naspers will remain in the index as
                                   detailed above.


FTSE/JSE RAFI All Share Capped     Prosus will remain in the index as         23 September 2019
Index (J283)                       detailed above.

                                   Naspers will remain in the index as
                                   detailed above.


FTSE/JSE Capped Top 40 Index       Sappi (South Africa, ZAE000006284,         23 September 2019
(J300)                             6777007) will be deleted from the index.

                                   Prosus will remain in the index as
                                   detailed above.

                                   Naspers will remain in the index as
                                   detailed above.

                                   PSG Group (South Africa,
                                   ZAE000013017, 6613219) will be
                                   deleted from the index as part of the
                                   September review.

FTSE/JSE Capped All Share Index    Prosus will remain in the index as         23 September 2019
(J303)                             detailed above.

                                   Naspers will remain in the index as
                                   detailed above.

FTSE/JSE Style Index (J330 and     Prosus will remain in the index as         23 September 2019
J331)                              detailed above.

                                   Naspers will remain in the index as
                                   detailed above.

FTSE/JSE RAFI 40 Index (J260)      Prosus will remain in the index as         23 September 2019
                                   detailed above.

                                   Naspers will remain in the index as
                                   detailed above.

FTSE/JSE Top 40 Minimum Variance Prosus will remain in the index as           23 September 2019
Index (J700)                     detailed above.

                                   Naspers will remain in the index as
                                   detailed above.

FTSE/JSE All-Share Minimum         Prosus will remain in the index as         23 September 2019
Variance Index (J703)              detailed above.

                                   Naspers will remain in the index as
                                   detailed above.
                                                                                    Effective From
              Index                                    Change
                                                                                   Start of Trading
FTSE/JSE All Share Comprehensive       Prosus will remain in the index as        23 September 2019
Factor Index (J203CF)                  detailed above.

                                       Naspers will remain in the index as
                                       detailed above.

FTSE/JSE All Share Momentum            Prosus will remain in the index as        23 September 2019
Factor Index (J203MF)                  detailed above.

                                       Naspers will remain in the index as
                                       detailed above.

FTSE/JSE All Share Quality Factor      Prosus will remain in the index as        23 September 2019
Index (J203QF)                         detailed above.

                                       Naspers will remain in the index as
                                       detailed above.

FTSE/JSE All Share Size Factor         Prosus will remain in the index as        23 September 2019
Index (J203SF)                         detailed above.

                                       Naspers will remain in the index as
                                       detailed above.

FTSE/JSE All Share Value Factor        Prosus will remain in the index as        23 September 2019
Index (J203VF)                         detailed above.

                                       Naspers will remain in the index as
                                       detailed above.

FTSE/JSE All Share Volatility Factor   Prosus will remain in the index as        23 September 2019
Index (J203VOF)                        detailed above.

                                       Naspers will remain in the index as
                                       detailed above.


FTSE/JSE Shareholder Weighted All      Prosus (South Africa, NL0013654783,       23 September 2019
Share Index (J403)                     BJDS7M4) will remain in the index with
                                       an increased shares in issue total from
                                       438,656,059 to 1,624,652,070* and a
                                       decreased investability weighting from
                                       97.018371060503% to
                                       9.911024539814%**.

                                       Naspers (South Africa, ZAE000015889,
                                       6622691) will remain in the index with
                                       an increased shares in issue total from
                                       438,656,059 to 444,667,763** and an
                                       unchanged investability weighting of
                                       97.018371060503%.

FTSE/JSE Capped Shareholder            Prosus will remain in the index as        23 September 2019
Weighted All Share Index (J433)        detailed above.

                                       Naspers will remain in the index as
                                       detailed above.
                                                                                   Effective From
              Index                                  Change
                                                                                  Start of Trading
FTSE/JSE Shareholder Weighted        Sappi (South Africa, ZAE000006284,         23 September 2019
Top 40 Index Index (J400)            6777007) will be deleted from the index.

                                     Prosus will remain in the index as
                                     detailed above.

                                     Naspers will remain in the index as
                                     detailed above.

                                     PSG Group (South Africa,
                                     ZAE000013017, 6613219) will be
                                     deleted from the index as part of the
                                     September review.

FTSE/JSE Capped Shareholder          Sappi (South Africa, ZAE000006284,         23 September 2019
Weighted Top 40 Index (J430)         6777007) will be deleted from the index.

                                     Prosus will remain in the index as
                                     detailed above.

                                     Naspers will remain in the index as
                                     detailed above.

                                     PSG Group (South Africa,
                                     ZAE000013017, 6613219) will be
                                     deleted from the index as part of the
                                     September review.

FTSE/JSE Shareholder Weighted        Pick N Pay Stores (South Africa,           23 September 2019
Industrial 25 Index (JSZ1)           ZAE000005443, 6688068) will be
                                     deleted from the index.

                                     Prosus will remain in the index as
                                     detailed above.

                                     Naspers will remain in the index as
                                     detailed above.

FTSE/JSE Shareholder Weighted        The Spar Group (South Africa,              23 September 2019
Financial & Industrial 30 Index      ZAE000058517, B038WK4) will be
(JSZ3)                               deleted from the index.

                                     Prosus will remain in the index as
                                     detailed above.

                                     Naspers will remain in the index as
                                     detailed above.

FTSE/JSE Responsible Investment      Prosus will remain in the index as         23 September 2019
Index (J113)                         detailed above.

                                     Naspers will remain in the index as
                                     detailed above.


Please note: The above fixed index re-ranking deletions are in addition to the previous announced
review changes. In the event the stock which ranked lowest using the 16 September close price was
already scheduled to be removed as part of the quarterly review, then the next lowest ranking stock as
of review market capitalisation date (i.e. 26 August) has been selected for removal as part of the
quarterly review.

* The total number of shares includes Naspers held shares.
** The investability weight incorporates the shares held by Naspers, its foreign company status and
the election results for the shareholders who elected to receive 0.36986 Naspers shares in lieu of one
Prosus share, for each Naspers share held.



For further information please contact FTSE Russell Client Services at info@ftserussell.com or indices@jse.co.za or call:

 Australia              +1800 653 680
 Hong Kong              +852 2164 3333
 Japan                  +81 3 4563 6346
 London                 +44 (0) 20 7866 1810
 New York               +1866 551 0617

 JSE Limited            +27 11 520 7000


Alternatively please visit our website at www.ftserussell.com or www.ftsejse.co.za

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Date: 17/09/2019 08:42:00
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