MTN GROUP LIMITED - AWARDING OF SHARE OPTIONS TO DIRECTORS

MTN GROUP LIMITED - AWARDING OF SHARE OPTIONS TO DIRECTORS                      
MTN Group Limited                                                               
(Incorporated in the Republic of South Africa)                                  
(Registration number 1994/009584/06)                                            
Share code: MTN                                                                 
ISIN ZAE000042164                                                               
AWARDING OF SHARE OPTIONS TO A DIRECTOR OF A SUBSIDIARY COMPANY:                
In terms of section 3.63 of the Listings Requirements of the JSE Securities     
Exchange South Africa we hereby give you notice of the offer and acceptance of  
MTN Group Share Options allocated to the director of MTN Group Limited as       
mentioned below:                                                                
Name of director of subsidiary company:  Mr I Hassen                            
Date of offer:                           25 March 2004                          
Date of acceptance of offer:             31 March 2004                          
Option strike price (per share):         R27.00                                 
Strike date:                             1 December 2003 as approved by the     
                                         Board of directors on 1 December 2003  
Amount of share options awarded:         160 500                                
Nature of transaction:                   Offer and acceptance of MTN Group Ltd  
Share Options                          

Vesting periods:                         20% of total allocation on             
                                         1 December 2005                        
                                         20% of total allocation on             
1 December 2006                        

                                         30% of total allocation on             
                                         1 December 2007                        
                                         30% of total allocation on             
1 December 2008                        

Prior written approval in terms of paragraph 3.66 of the JSE Securities Exchange
South Africa Listings Requirements has been obtained.                           
5 April 2004                                                                    
Sandton                                                                         
Sponsor                                                                         
Merrill Lynch South Africa (Pty) Limited                                        
MTN Group Limited                                                               
(Incorporated in the Republic of South Africa)                                  
(Registration number 1994/009584/06)                                            
Share code: MTN                                                                 
ISIN ZAE000042164                                                               
AWARDING OF SHARE OPTIONS TO A DIRECTOR OF A SUBSIDIARY COMPANY:                
In terms of section 3.63 of the Listings Requirements of the JSE Securities     
Exchange South Africa we hereby give you notice of the offer and acceptance of  
MTN Group Share Options allocated to the director of MTN Group Limited as       
mentioned below:                                                                
Name of director of subsidiary company:  Mr C Utton                             
Date of offer:                           25 March 2004                          
Date of acceptance of offer:             31 March 2004                          
Option strike price (per share):         R27.00                                 
Strike date:                             1 December 2003 as approved by the     
                                         Board of directors on 1 December 2003  
Amount of share options awarded:         83 200                                 
Nature of transaction:                   Offer and acceptance of MTN Group Ltd  
                                         Share Options                          
Vesting periods:                         20% of total allocation on             
                                         1 December 2005                        
20% of total allocation on             

                                         1 December 2006                        
                                         30% of total allocation on             
                                         1 December 2007                        
30% of total allocation on             

                                         1 December 2008                        
Prior written approval in terms of paragraph 3.66 of the JSE Securities Exchange
South Africa Listings Requirements has been obtained.                           
5 April 2004                                                                    
Sandton                                                                         
Sponsor                                                                         
Merrill Lynch South Africa (Pty) Limited                                        
MTN Group Limited                                                               
(Incorporated in the Republic of South Africa)                                  
(Registration number 1994/009584/06)                                            
Share code: MTN                                                                 
ISIN ZAE000042164                                                               
AWARDING OF SHARE OPTIONS TO A DIRECTOR                                         
In terms of section 3.63 of the Listings Requirements of the JSE Securities     
Exchange South Africa we hereby give you notice of the offer and acceptance of  
MTN Group Share Options allocated to the director of MTN Group Limited as       
mentioned below:                                                                
Name of director:                  Mr RD Nisbet                                 
Date of offer:                     25 March 2004                                
Date of acceptance of offer:       31 March 2004                                
Option strike price (per share):   R27.00                                       
Strike date:                       1 December 2003 as approved by the           
                                   Board of directors on 1 December 2003        
Amount of share options awarded:   64 500                                       
Nature of transaction:             Offer and acceptance of MTN Group            
                                   Ltd Share Options                            
Vesting periods:                   20% of total allocation on                   
1 December 2005                              

                                   20% of total allocation on                   
                                   1 December 2006                              
                                   30% of total allocation on                   
1 December 2007                              

                                   30% of total allocation on                   
                                   1 December 2008                              
Prior written approval in terms of paragraph 3.66 of the JSE Securities Exchange
South Africa Listings Requirements has been obtained.                           
5 April 2004                                                                    
Sandton                                                                         
Sponsor                                                                         
Merrill Lynch South Africa (Pty) Limited                                        
MTN Group Limited                                                               
(Incorporated in the Republic of South Africa)                                  
(Registration number 1994/009584/06)                                            
Share code: MTN                                                                 
ISIN ZAE000042164                                                               
AWARDING OF SHARE OPTIONS TO A DIRECTOR                                         
In terms of section 3.63 of the Listings Requirements of the JSE Securities     
Exchange South Africa we hereby give you notice of the offer and acceptance of  
MTN Group Share Options allocated to the director of MTN Group Limited as       
mentioned below:                                                                
Name of director:                 Mr RS Dabengwa                                
Date of offer:                    25 March 2004                                 
Date of acceptance of offer:      31 March 2004                                 
Option strike price (per share):  R27.00                                        
Strike date:                      1 December 2003 as approved by the            
Board of directors on 1 December 2003         

Amount of share options awarded:  291 100                                       
Nature of transaction:            Offer and acceptance of MTN Group Ltd Share   
                                  Options                                       
Vesting periods:                  20% of total allocation on                    
                                  1 December 2005                               
                                  20% of total allocation on                    
                                  1 December 2006                               
30% of total allocation on                    

                                  1 December 2007                               
                                  30% of total allocation on                    
                                  1 December 2008                               
Prior written approval in terms of paragraph 3.66 of the JSE Securities Exchange
South Africa Listings Requirements has been obtained.                           
5 April 2004                                                                    
Sandton                                                                         
Sponsor                                                                         
Merrill Lynch South Africa (Pty) Limited                                        
MTN Group Limited                                                               
(Incorporated in the Republic of South Africa)                                  
(Registration number 1994/009584/06)                                            
Share code: MTN                                                                 
ISIN ZAE000042164                                                               
AWARDING OF SHARE OPTIONS TO A DIRECTOR OF A SUBSIDIARY COMPANY:                
In terms of section 3.63 of the Listings Requirements of the JSE Securities     
Exchange South Africa we hereby give you notice of the offer and acceptance of  
MTN Group Share Options allocated to the director of MTN Group Limited as       
mentioned below:                                                                
Name of director of subsidiary company:    Mr Z Bulbulia                        
Date of offer:                             25 March 2004                        
Date of acceptance of offer:               31 March 2004                        
Option strike price (per share):           R27.00                               
Strike date:                               1 December 2003 as approved by the   
                                           Board of directors on 1 December 2003
Amount of share options awarded:           24,700                               
Nature of transaction:                     Offer and acceptance of MTN Group Ltd
Share Options                        

Vesting periods:                           20% of total allocation on           
                                           1 December 2005                      
                                           20% of total allocation on           
1 December 2006                      

                                           30% of total allocation on           
                                           1 December 2007                      
                                           30% of total allocation on           
1 December 2008                      

Prior written approval in terms of paragraph 3.66 of the JSE Securities Exchange
South Africa Listings Requirements has been obtained.                           
5 April 2004                                                                    
Sandton                                                                         
Sponsor                                                                         
Merrill Lynch South Africa (Pty) Limited                                        
Date: 05/04/2004 05:17:56 PM Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department