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 compliance with rule 3.63 - 3.74 of the Listings Requirements of the JSE     
Limited we hereby disclose a forward purchase of MTN Group Shares by the under  
mentioned director:                                                             
Name of Director    :         Phuthuma Freedom Nhleko                           
Date of Transaction :         24 May 2006                                       
Forward Price (per share):    R 63.97                                           
Term :                        18 months                                         
Amount of Shares    :         4 150 000                                         
Class of Security   :         Ordinary shares of 0.01 cents each                
Nature of Transaction    :    Entering into forward purchase contract with a    
                              commercial bank                                   
Nature of Interest  :         Beneficial                                        
Prior clearance to deal in these shares was obtained in accordance with MTN"s   
policy with regard to Director"s dealings as well as the JSE Limited listing    
requirements.                                                                   
Fairland                                                                        
25 May 2006                                                                     
Sponsor                                                                         
Merrill Lynch South Africa (Pty) Limited                                        
Date: 25/05/2006 01:52:40 PM Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department