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Tue 3 Apr 2007, 17:57 MTN - MTN Group Limited - Dealing In Securities by
MTN
 MTN                                                                             
MTN - MTN Group Limited - Dealing In Securities by Directors                    
MTN Group Limited                                                               
(Incorporated in the Republic of South Africa)                                  
(Registration number 1994/009584/06)                                            
Share code: MTN                                                                 
ISIN: ZAE000042164                                                              
("MTN")                                                                         
DEALING IN SECURITIES BY DIRECTORS                                              
In terms of section 3.63 of the of the JSE Listings Requirements, notice is     
hereby given of the offer and acceptance of MTN Group Share Appreciation Rights 
allocated to a Director as follows:                                             
Name of Director:                  Phuthuma Nhleko                              
Date of grant of offer and                                                      
strike date:                       2 April 2007                                 
Date of acceptance of offer:       3 April 2007                                 
Option strike price                                                             
(per share):                       R 98.50                                      
Number of share rights                                                          
awarded:                           23 700                                       
Nature of transaction:             Offer and acceptance of MTN                  
                                  Group Ltd Share Appreciation                  
                                  Rights                                        
Vesting periods:                   20% of total allocation on                   
2 April 2009                                  
                                  20% of total allocation on                    
                                  2 April 2010                                  
                                  30% of total allocation on                    
2 April 2011                                  
                                  30% of total allocation on                    
                                  2 April 2012                                  
Prior clearance for this transaction was obtained in accordance with MTN`s      
policy with regard to Director`s dealings as well as the JSE Limited Listings   
requirements.                                                                   
Fairland                                                                        
3 April 2007                                                                    
Sponsor                                                                         
Merrill Lynch South Africa (Pty) Limited                                        
Date: 03/04/2007 17:57:45 Produced by the JSE SENS Department.                  
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