MTN GROUP LIMITED - WITHDRAWAL OF CAUTIONARY ANNOUNCEMENT

MTN GROUP LIMITED - WITHDRAWAL OF CAUTIONARY ANNOUNCEMENT                       
MTN Group Limited                                                               
(Formerly M-Cell Limited)                                                       
(Incorporated in the Republic of South Africa)                                  
(Registration Number 1994/009584/06)                                            
Share code: MTN                                                                 
ISIN code: ZAE 000042164                                                        
("Company")                                                                     
Withdrawal of cautionary announcement                                           
Shareholders are referred to the cautionary announcements dated 22 November 2002
and 8 January 2003 and are advised that as discussions in relation to a         
potential transaction involving some of the Company`s non-South African assets  
have been terminated, caution is no longer required when dealing in the         
Company`s shares.                                                               
Sandton                                                                         
18 February 2003                                                                
Date: 18/02/2003 12:38:00 PM Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department