MTN Group Limited - MTN Nigeria Communications Limited ("MTN Nigeria")

MTN Group Limited - MTN Nigeria Communications Limited ("MTN Nigeria")          
MTN Group Limited                                                               
(Incorporated in the Republic of South Africa)                                  
(Registration number 1994/009584/06)                                            
Share code: MTN                                                                 
ISIN ZAE000042164                                                               
("MTN Group")                                                                   
MTN Nigeria Communications Limited ("MTN Nigeria")                              
MTN Group announces that in association with its co-shareholders in MTN Nigeria,
a decision has been made to explore ways of introducing broader Nigerian        
shareholder participation in MTN Nigeria.  Alternatives under consideration may 
include a potential listing of MTN Nigeria within the next 12 months, subject to
market conditions.  No discussions/negotiations have commenced with potential   
investors which may lead to a transaction.  Further announcements will follow in
due course.                                                                     
Johannesburg                                                                    
9 September 2004                                                                
Sponsor                                                                         
Merrill Lynch South Africa (Pty) Limited                                        
Date: 09/09/2004 01:00:02 PM Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department