MTN GROUP LIMITED - Dealing in securities by a director of MTN Group

Dealing in securities by a director of MTN Group

MTN Group Limited
(Incorporated in the Republic of South Africa)
Registration Number 1994/009584/06
Share code: MTN
ISIN: ZAE000042164
("MTN ")

DEALING IN SECURITIES BY A DIRECTOR OF MTN GROUP


In compliance with paragraphs 3.63 – 3.66 of the JSE Limited Listings Requirements, we
hereby announce the following transaction in MTN securities by a director of MTN:

Name:                                RA Shuter

Office held:                         Executive Director and Group President and CEO

Date of transaction:                 02 October 2017

Purchase price per share:            R 123.49 per share

Number of shares:                    213 600

Total value of shares:               R 26 377 464

Vesting period:                      December 2019

Class of securities:                 MTN ordinary par value shares of 0.01 cents each per
                                     share

Nature of transaction:               Off-market award and acceptance of shares, which are
                                     subject to performance conditions, in accordance with
                                     the MTN Performance Share Plan

Nature and extent of director’s
interest:                            Direct beneficial

Prior clearance to deal in these shares was obtained in accordance with MTN`s policy with
regard to director`s dealings as well as the Listings Requirements of the JSE Limited.

Fairland
03 October 2017

Sponsor
Deutsche Securities (SA) Proprietary Limited

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