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Thu 4 Mar 2004, 16:59 Dealing In Securities By Directors
Mtn Group Limited - Dealing In Securities By Directors 
Release Date: 04/03/2004 16:55:01      Code(s): 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                                                               
Dealing in Securities by Directors                                              
In compliance with paragraphs 3.63 to 3.74 of the Listings Requirements of the  
JSE Securities Exchange South Africa, the following information is disclosed:   
Name of Director of subsidiary company  :    Y Muthien (Alternate Director: MTN 
                                             Nigeria Communications Ltd)        
Date of Transaction                     :    3 March 2004                       
Issue Price (per share option)          :    R9.31                              
Amount of Share options exercised       :    81 520 (20%)                       
Class of Security once converted        :    Ordinary shares of 0.01 cents each 
Nature of Transaction                   :    Exercising of MTN Group Ltd Share  
                                             Options under the MTN Group Ltd    
                                             Share Incentive Trust              
Sale Price                              :    R32.1447                           
Nature of Interest                      :    Beneficial                         
Prior written approval in terms of paragraph 3.66 of the JSE Securities Exchange
South Africa Listings Requirements has been obtained.                           
4 March 2004                                                                    
Sandton                                                                         
Sponsor                                                                         
Merrill Lynch South Africa (Pty) Limited                                        
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