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Wed 17 Mar 2004, 18:52 Dealing in Securities by Directors
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 paragraph 3.63 - 3.74 of the Listings Requirements of the JSE
  Securities Exchange South Africa, the following information is disclosed:       
  Name of Director of                                                             
  subsidiary company                 :    JB Mc Grath                             
  Date of Transaction                :    16 March 2004                           
  Sale Price (per share)             :    R33.60                                  
  Amount of Shares                   :    20 000                                  
  Class of Security                  :    Ordinary shares of 0.01 cent each       
  Nature of Transaction              :    Sale of shares arising from directors   
                                          indirect private shareholding           
  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.                           
  17 March 2004                                                                   
  Sandton                                                                         
  Sponsor                                                                         
  Merrill Lynch South Africa (Pty) Limited                                        
  Date: 17/03/2004 05:22:13 PM Produced by the JSE SENS Department
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