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Thu 20 Oct 2005, 17:32 MTN Group Limited - Cautionary Announcement
MTN Group Limited - Cautionary Announcement                                     
MTN Group Limited                                                               
(Incorporated in the Republic of South Africa)                                  
Registration number 1994/009584/06)                                             
Share code: MTN                                                                 
ISIN ZAE000042164                                                               
("MTN")                                                                         
Cautionary Announcement                                                         
Shareholders are advised that MTN has entered into negotiations, which if       
successfully concluded may have a material effect on the price of MTN"s         
securities.                                                                     
These negotiations and consequently this cautionary announcement do not relate  
to the negotiations referred to in the cautionary announcements released on SENS
by MTN on 19 September 2005 and updated on SENS today, 20 October 2005,         
regarding the potential investment in Irancell.                                 
Accordingly, shareholders are advised to exercise caution when dealing in their 
MTN securities until a further announcement is made.                            
Fairland                                                                        
20 October 2005                                                                 
Sponsor                                                                         
Merrill Lynch South Africa (Pty) Limited                                        
Date: 20/10/2005 05:32:06 PM Produced by the JSE SENS Department                
                                                                                
                                                                                
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