MTN Group acquired 51% stake in mobile network operator in Cote d"Ivoire

MTN Group acquired 51% stake in mobile network operator in Cote d"Ivoire        
MTN Group Limited                                                               
(Incorporated in the Republic of South Africa)                                  
(Registration number 1994/009584/06)                                            
Share code: MTN                                                                 
ISIN ZAE000042164                                                               
("MTN Group")                                                                   
MTN Group acquired 51% stake in mobile network operator in Cote d"Ivoire        
Reference is made to the press release of 22 June 2005.                         
MTN Group is pleased to announce that all the conditions precedent for the      
acquisition of a 51% interest in Loteny Telecom, trading under the name of      
Telecel Cote d"Ivoire in the Republic of Cote d"Ivoire, have been fulfilled. The
acquisition is effective 1 July 2005 on which date MTN Group, via a subsidiary, 
assumes control of the operation. The operation has in excess of 800 000        
subscribers and a market share in excess of 46%.                                
This acquisition is in line with MTN Group"s vision to become the leading       
telecoms operator in emerging markets and its geographic and strategic footprint
in West Africa has now been expanded and consolidated.                          
Fairland                                                                        
5 July 2005                                                                     
Sponsor:  Merrill Lynch                                                         
Date: 05/07/2005 04:00:26 PM Supplied by www.sharenet.co.za                     
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