MTN - MTN Group Limited - Cautionary Announcement

MTN - MTN Group Limited - Cautionary Announcement                               
MTN Group Limited                                                               
(Incorporated in the Republic of South Africa)                                  
(Registration Number 1994/009584/06)                                            
Share code MTN ISIN ZAE000042164                                                
("MTN" or "the Company")                                                        
CAUTIONARY ANNOUNCEMENT                                                         
Shareholders are advised that MTN is in discussions with Telkom SA Limited      
("Telkom") which may or may not result in a transaction involving certain assets
of Telkom ("Proposed Transaction"). It should be noted that these discussions   
are at a very preliminary stage. Should the Proposed Transaction materialise, it
may have an impact on the MTN share price.                                      
Accordingly, shareholders are advised to exercise caution when dealing in MTN   
securities until a further announcement is made.                                
Fairland                                                                        
3 September 2007                                                                
Sponsor                                                                         
Merrill Lynch South Africa (Pty) Limited                                        
Date: 03/09/2007 15:26:21 Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department.                  
The SENS service is an information dissemination service administered by the    
JSE Limited (`JSE`). The JSE does not, whether expressly, tacitly or            
implicitly, represent, warrant or in any way guarantee the truth, accuracy or   
completeness of the information published on SENS. The JSE, their officers,     
employees and agents accept no liability for (or in respect of) any direct,     
indirect, incidental or consequential loss or damage of any kind or nature,     
howsoever arising, from the use of SENS or the use of, or reliance on,          
information disseminated through SENS.