MTN - Directors Dealings

MTN - Directors Dealings                                                        
MTN Group Limited                                                               
(Incorporated in the Republic of South Africa)                                  
(Registration number 1994/009584/06)                                            
Share code: MTN                                                                 
ISIN: ZAE000042164                                                              
("MTN")                                                                         
DEALING IN SECURITIES BY DIRECTORS                                              
In compliance with rule 3.63 - 3.74 of the Listings Requirements of the JSE     
Limited we hereby disclose the exercise of MTN Group Share Options and sale of  
MTN Shares by the under mentioned director of a major subsidiary:               
Name of Director of                                                             
subsidiary Company                 :    Ms Santie Botha                         
Name of subsidiary                 :    Mobile Telephone Networks (Pty) Ltd     
Date of Transaction                :    30 November 2006                        
Option Strike Price (per share)    :    R 16.81                                 
Sale Price (per share)             :    R 72.61                                 
Amount of Shares                   :    109 540                                 
Class of Security                  :    Ordinary shares of 0.01 cents each      
Nature of Transaction              :    Exercise of options and sale of shares  
                                        by Director of major subsidiary         
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.                                                                   
1 December 2006                                                                 
Sponsor                                                                         
Merrill Lynch                                                                   
Date: 01/12/2006 05:24:11 PM Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department