MTN - MTN Group Limited - Dealing In Securities By Director

MTN - MTN Group Limited - Dealing In Securities By 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 DIRECTOR                                               
In compliance with paragraphs 3.63 - 3.74 of the Listings Requirements of JSE   
Limited we hereby disclose the exercise of MTN Group share options, as well as  
the purchase of shares following the exercise of the options and the            
subsequent sale of MTN shares by the under mentioned director:                  
Name of director:                  Ms Santie Botha                              
Date of transactions:              25 March 2009                                
Number of share options exercised  100 000                                      
Option strike price (per share):   R16.81                                       
Total value of options exercised:  R1 681 000                                   
                                                                                
Offer date:                        7 July 2003                                  
Vesting periods:                   20% of total allocation on 07 July 2005      
                                  20% of total allocation on 07 July 2006       
                                  30% of total allocation on 07 July 2007       
                                  30% of total allocation on 07 July 2008       
Sale price (per share):            R107.21                                      
Total value of shares sold:        R10 721 000                                  
Class of security:                 Ordinary shares of 0.01 cents each           
Nature of transactions:            Exercise of share options, as well as the    
purchase of shares following the exercise     

                                  of options and the subsequent sale of         
                                  shares by director                            
Nature of interest:                Direct and 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 Listing Requirements   
of JSE Limited.                                                                 
Fairland                                                                        
27 March 2009                                                                   
Sponsor                                                                         
Deutsche Securities (SA) (Pty) Limited                                          
Date: 27/03/2009 17:35:02 Supplied by www.sharenet.co.za                     
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