MTN Group Limited - Awarding of share options to a
MTN
MTN
MTN Group Limited - Awarding of share options to a Director
MTN Group Limited
(Incorporated in the Republic of South Africa)
(Registration number 1994/009584/06)
Share code: MTN
ISIN: ZAE000042164
("MTN")
Awarding of share options to a Director
In terms of section 3.63 of the Listings Requirements of the JSE Limited we
hereby give notice of the offer and acceptance of MTN Group Share Appreciation
Rights allocated to a director of a major subsidiary of MTN Group Limited as
mentioned below:
Name of director : Ms Irene Charnley
Date of offer : 31 May 2006
Date of acceptance of offer : 25 October 2006
Option strike price (per share) : R56.83
Strike date : 31 May 2006
Amount of share options awarded : 174 300
Nature of transaction : Offer and acceptance of MTN Group Ltd
Share Appreciation Rights
Vesting periods : 20% of total allocation on 30 Nov 2007
20% of total allocation on 30 Nov 2008
30% of total allocation on 30 Nov 2009
30% of total allocation on 30 Nov 2010
Fairland
26 October 2006
Sponsor
Merrill Lynch South Africa
Date: 26/10/2006 12:16:35 PM Produced by the JSE SENS Department
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