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M-Cell Ltd - MTN Nigeria Communications Limited ("MTN Nigeria")

Release Date: 09/07/2002 10:34
Code(s): MCE
Wrap Text

M-Cell Ltd - MTN Nigeria Communications Limited ("MTN Nigeria") M-Cell Ltd ("M-Cell" or "the Company") (Incorporated in the Republic of South Africa) Registration number 1994/009584/06 Share Code: MCE ISIN Code: ZAE000023115 MTN NIGERIA COMMUNICATIONS LIMITED ("MTN NIGERIA") Reference is made to an article in the South African Business Day newspaper publication of 9 July 2002 in respect of MTN Nigeria`s financial performance for the year ended 31 March 2002. It appears that an error occurred in the conversion of the reported Naira loss to the US Dollar amount. The loss recorded by MTN Nigeria is Naira 2.9 billion, which equates to R 261.8 million as previously reported by the Company, or approximately US$ 26.3 million. Sandton 9 July 2002 Sponsor Merrill Lynch South Africa (Pty) Ltd Date: 09/07/2002 10:33:03 AM Supplied by www.sharenet.co.za Produced by the JSE SENS Department

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