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 terms of Section 3.63 of the Listings Requirements of the JSE Securities     
Exchange South Africa we hereby give you notice of the exercising of share      
options and subsequent sale of MTN Group Shares by the under mentioned director:
Name of Director              :     RS Dabengwa                                 
Date of Transaction           :     14 December 2004                            
Sale Price (per share)        :     R39.66                                      
Amount of Shares              :     188 039                                     
Class of Security             :     Ordinary shares of 0.01 cents each          
Nature of Transaction         :     Sale of shares arising from the conversion  
                                    of 60 389 compulsorily convertible          
                                    debentures in Mobile Telephone Networks     
                                    Holdings (Pty) Ltd allocated 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.                           
17 December 2004                                                                
Sandton                                                                         
Sponsor                                                                         
Merrill Lynch South Africa (Pty) Limited                                        
Date: 17/12/2004 09:32:11 AM Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department