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Wed 17 Nov 2010, 17:46 MTN - MTN Group Limited - Dealing in securities by a director of a major
MTN
MTN                                                                             
MTN - MTN Group Limited - Dealing in securities by a director of a major        
subsidiary                                                                      
MTN Group Limited                                                               
(Incorporated in the Republic of South Africa)                                  
Registration Number 1994/009584/06                                              
Share code: MTN                                                                 
ISIN: ZAE000042164                                                              
("MTN Group")                                                                   
DEALING IN SECURITIES BY A DIRECTOR OF A MAJOR SUBSIDIARY                       
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 by the under mentioned director of a major subsidiary:               
Name of Director of a major      Mr KW Pienaar                                  
subsidiary:                                                                     
Name of subsidiary:              Mobile Telephone Networks (Pty) Ltd            
Date of transaction:             2 November 2010                                
Highest price of shares sold:    R127.10                                        
Lowest price of shares sold:     R127.00                                        
VWAP of shares sold:             R127.0222                                      
Number of shares sold:           122 000                                        
Total value of shares sold:      R15 496 708.40                                 
Class of security:               Ordinary shares of 0.01 cents each             
Nature of transaction:           Sale of shares on market by a director of a    
major subsidiary                                
Nature of interest:              Direct 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 Listings Requirements  
of the JSE Limited.                                                             
Fairland                                                                        
17 November 2010                                                                
Sponsor                                                                         
Deutsche Securities (SA) (Pty) Limited                                          
Date: 17/11/2010 17:46:02 Produced by the JSE SENS Department.                  
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