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MTN - MTN Group Limited - Trading Statement

Release Date: 14/03/2007 12:15
Code(s): MTN
Wrap Text

MTN - MTN Group Limited - Trading Statement MTN Group Limited (Incorporated in the Republic of South Africa) (Registration number 1994/009584/06) Share code: MTN ISIN: ZAE000042164 ("MTN") MTN TRADING STATEMENT In terms of Section 3.4 (b) (Trading Statements) of the Listings Requirements of the JSE Limited ("the JSE Listings Requirements"), issuers are required to publish a trading statement as soon as they are satisfied that a reasonable degree of certainty exists that the earnings for the period to be reported upon next will differ by at least 20% from those of the previous corresponding period. Due to the change in financial year end from 31 March to 31 December, resulting in a 9 month period to 31 December 2005, this trading statement does not strictly conform to the JSE Listing Requirements as there is no previous comparable 12 month reporting period. For completeness, for the 9 month period ended 31 December 2005 the Basic Headline Earnings per Share was 359.8c, Adjusted Headline Earnings per Share was 338.2c and Attributable Earnings per Share was 352.7c. MTN is currently finalising its audited financial results for the 12 month period ended 31 December 2006, expected to be released on the morning of 29 March 2007. Shareholders are advised that MTN expects Basic Headline Earnings per Share will be between 591.4c and 621.7c while Adjusted Headline Earnings per Share will be between 567.4c and 596.5c for the 12 month period ended 31 December 2006. Attributable Earnings per Share for the 12 month period ended 31 December 2006 are expected to be between 590.3c and 620.5c. This trading statement has neither been reviewed nor reported on by MTN`s external auditors. The information provided in this announcement does not contain and should not be construed as containing any forward looking statements or projections of any nature whatsoever for periods beyond 31 December 2006. Fairland 14 March 2007 Sponsor Merrill Lynch South Africa (Proprietary) Limited Date: 14/03/2007 12:15:01 Supplied by www.sharenet.co.za Produced by the JSE SENS Department.

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