AWARDING OF SHARE OPTIONS TO DIRECTORS OF A SUBSID
MTN GROUP LIMITED - AWARDING OF SHARE OPTIONS TO DIRECTORS OF A SUBSIDIARY
COMPANY
MTN Group Limited
(Incorporated in the Republic of South Africa)
(Registration number 1994/009584/06)
Share code: MTN
ISIN ZAE000042164
AWARDING OF SHARE OPTIONS TO DIRECTORS OF A SUBSIDIARY COMPANY
In terms of section 3.63 of the Listings Requirements of the JSE Securities
Exchange South Africa we hereby give you notice of the offer and acceptance of
MTN Group Share Options allocated to the directors of MTN Group Limited as
mentioned below:
Name of director of subsidiary company : Mr K Pienaar
Date of offer : 1 December 2004
Date of acceptance of offer : 18 January 2005
Option strike price (per share) : R40.50
Strike date : 1 December 2004
Amount of share options awarded : 31 100
Nature of transaction : Offer and acceptance of
MTN Group Ltd Share Options
Vesting periods : 20% of total allocation on 1 December 2006
20% of total allocation on 1 December 2007
30% of total allocation on 1 December 2008
30% of total allocation on 1 December 2009
Name of director of subsidiary company : Mr P Norman
Date of offer : 1 December 2004
Date of acceptance of offer : 19 January 2005
Option strike price (per share) : R40.50
Strike date : 1 December 2004
Amount of share options awarded : 33 900
Nature of transaction : Offer and acceptance
of MTN Group Ltd Share Options
Vesting periods : 20% of total allocation on 1 December 2006
20% of total allocation on 1 December 2007
30% of total allocation on 1 December 2008
30% of total allocation on 1 December 2009
19 January 2005
Sandton
Sponsor
Merrill Lynch South Africa (Pty) Limited
Date: 19/01/2005 03:37:52 PM
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