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 sale of MTN Group Ltd    
shares by the under mentioned director:                                         
Name of Director of a major subsidiary  :    Mr C Utton                         
Date of Transaction                     :    10 January 2005                    
Sale Price (per share)                  :    R41.35                             
Amount of Shares                        :    48 435                             
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 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 January 2005                                                                 
Sandton                                                                         
Sponsor                                                                         
Merrill Lynch South Africa (Pty) Limited                                        
Date: 17/01/2005 12:24:06 PM Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department