MTN - MTN Group Limited - Dealing In Securities By A Director of a Major

MTN - MTN Group Limited - Dealing In Securities By A Director of a Major        
Subsidiary                                                                      
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 DIRECTOR OF A MAJOR SUBSIDIARY                         
In compliance with rule 3.63 - 3.74 of the Listings Requirements of the JSE we  
hereby disclose the exercise of MTN Group Share Options and sale of MTN Shares  
by the under mentioned director:                                                
Name of Director                :  Mr Paul Norman                               
Date of Transaction             :  15 December 2008                             
Option Strike Price (per share) :  R 9.31                                       
Sale Price (per share)          :  R 102.35                                     
Amount of Shares                :  20 000                                       
Class of Security               :  Ordinary shares of 0.01 cents each           
Nature of Transaction:             Exercise of options and sale of shares by a  
                                  Director                                      
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 Listings Requirements  
of the JSE Limited.                                                             
Fairlands                                                                       
18 December 2008                                                                
Sponsor                                                                         
Merrill Lynch South Africa (Proprietary) Limited                                
Date: 18/12/2008 16:43:21 Supplied by www.sharenet.co.za                     
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