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MTN - MTN Group Limited - Dealing In Securities By A Director

Release Date: 03/11/2008 17:45
Code(s): MTN
Wrap Text

MTN - MTN Group Limited - Dealing In Securities By A Director 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 a director Shareholders are referred to the announcements released on SENS on 28 December 2007 regarding the forward sale and call options bought and sold by a director. The call options have now been restructured by the respective director and in accordance with rules 3.63 - 3.74 of the Listings Requirements of the JSE Limited ("the JSE"),disclosure of the terms of the new transactions concluded on 30 October 2008 are set out below. Name of Director: P F Nhleko Date of transactions: 30 October 2008 Bought Call at Strike Price of R 122 per share Sold Call at Strike Price of R 182 per share Number of Contracts 3 500 000 Expiry 30 June 2009 Name of Director: P F Nhleko Date of transactions: 30 October 2008 Bought Call at Strike Price of R 135 per share Sold Call at Strike Price of R 195 per share Number of Contracts 3 500 000 Expiry 17 September 2009 Nature of transaction Conclusion of call spreads with commercial bank Nature of Interest Beneficial Prior clearance to enter into the above transaction was obtained in accordance With MTN`s policy with regard to Director`s dealings as well as the Listings Requirements of the JSE. Fairlands 03 November 2008 Sponsor Merrill Lynch South Africa (Proprietary) Limited Date: 03/11/2008 17:45:01 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.

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