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 on the board of                                                
subsidiary companies                    :  CG Utton                             
Date of Transaction                     :  25 February 2004                     
Sale Price (per share)                  :  R29.376                              
Amount of Shares                        :  48 348                               
Class of Security                       :  Ordinary shares of 0.01 cents each   
Nature of Transaction                   :  Sale of shares arising from the      
                                           conversion of 15 555 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.                           
26 February 2004                                                                
Sandton                                                                         
Sponsor                                                                         
Merrill Lynch South Africa (Pty) Limited                                        
Date: 26/02/2004 11:21:49 AM Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department