MTN Group Limited - Dealing in Securities by Directors

MTN Group Limited - Dealing in Securities by Directors                          
MTN Group Limited                                                               
(Incorporated in the Republic of South Africa)                                  
(Registration number 1994/009584/06)                                            
Share code: MTN                                                                 
ISIN ZAE000042164                                                               
Dealing in Securities by Directors                                              
In compliance with paragraphs 3.63 to 3.74 of the Listings Requirements of the  
JSE Securities Exchange South Africa, the following information is disclosed:   
Name of Director              :    RS Dabengwa                                  
Date of Transaction           :    23 February 2004                             
Sale Price (per share)        :    R 30.34                                      
Amount of Shares              :    187 703                                      
Class of Security             :    Ordinary shares of 0.01 cents each           
Nature of Transaction         :    Sale of shares arising from the conversion of
60 390 compulsorily convertible debentures in

                                   Mobile Telephone Networks Holdings (Pty) Ltd 
                                   allocated to the individual through the MTN  
                                   Staff Incentive Trust (Debenture Scheme).    
Nature of Interest            :    Beneficial                                   
Prior written approval in terms of paragraph 3.66 of the JSE Securities Exchange
South Africa Listings Requirements has been obtained.                           
23 February 2004                                                                
Sandton                                                                         
Sponsor                                                                         
Merrill Lynch South Africa (Pty) Limited                                        
Date: 23/02/2004 05:00:02 PM Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department