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Mon 5 Oct 2009, 17:15 MTN - MTN Group Limited - Dealings in securities
MTN
MTN                                                                             
MTN - MTN Group Limited - Dealings in securities                                
MTN Group Limited                                                               
(Incorporated in the Republic of South Africa)                                  
Registration Number 1994/009584/06                                              
Share code: MTN                                                                 
ISIN: ZAE000042164                                                              
("MTN Group")                                                                   
DEALINGS IN SECURITIES                                                          
In compliance with paragraphs 3.63 - 3.74 of the Listings Requirements of the   
JSE Limited we hereby disclose the following share dealings in MTN Group        
securities and share appreciation rights:                                       
Name of Company Secretary:            Ms S B Mtshali                            
Date of transactions:                 1 October 2009                            
Number of share appreciation rights   10 600                                    
exercised:                                                                      
Offer price (per share):              R56.83                                    
Number of shares received in respect  5 668                                     
of appreciation rights exercised:                                               
Total value of appreciation rights    R322 112.44                               
exercised:                                                                      
Offer date:                           31 May 2006                               
Vesting periods:                      20% of total allocation on 31 May 2008    
                                     20% of total allocation on 31 May 2009     
30% of total allocation on 31 May 2010     
                                     30% of total allocation on 31 May 2011     
Sale price (per share):               R128.50                                   
Number of shares sold:                5 668                                     
Total value of shares sold:           R728 338.00                               
Class of security:                    Ordinary shares of 0.01 cents each        
Nature of transactions:               Exercise of share appreciation rights,    
                                     as well as the purchase of shares          
following the exercise of share            
                                     appreciation rights and the subsequent     
                                     sale of shares by company secretary        
Nature of interest:                   Direct and Beneficial                     
Name of director:                      Mr J Ramadan                             
Date of transactions:                  1 October 2009                           
Number of share appreciation rights    69 720                                   
exercised                                                                       
Offer price (per share):               R71.00                                   
Number of shares received in respect   29 195                                   
of appreciation rights exercised:                                               
Total value of appreciation rights     R2 072 845.00                            
exercised:                                                                      
Offer date:                            22 November 2006                         
Vesting periods:                       20% of total allocation on 21 Nov        
                                      2008                                      
20% of total allocation on 21 Nov         
                                      2009                                      
                                      30% of total allocation on 21 Nov         
                                      2010                                      
30% of total allocation on 21 Nov         
                                      2011                                      
Sale price (per share):                R128.50                                  
Number of shares sold:                 29 195                                   
Total value of shares sold:            R3 751 557.50                            
Class of security:                     Ordinary shares of 0.01 cents each       
Nature of transactions:                Exercise of share appreciation           
                                      rights, as well as the purchase of        
shares following the exercise of          
                                      share appreciation rights and the         
                                      subsequent sale of shares by Vice         
                                      President: MENA Region                    
Nature of interest:                    Direct and beneficial                    
Prior clearance to deal in these shares was obtained in accordance with MTN`s   
policy with regard to director`s dealings as well as the Listing Requirements of
JSE Limited.                                                                    
Fairland                                                                        
5 October 2009                                                                  
Sponsor                                                                         
Deutsche Securities (SA) (Pty) Limited                                          
Date: 05/10/2009 17:15:01 Produced by the JSE SENS Department.                  
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