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MTN - MTN Group Limited - Dealing in securities by a director

Release Date: 07/04/2009 17:50
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 announcement released on SENS on 3 November 2008 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 6 April 2009 is set out below. Name of Director P F Nhleko Date of Transactions 30 October 2008 (remain unchanged) 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 Class of Security Ordinary shares of 0.01 cents each Nature of Transactions Conclusion of call spreads with commercial bank Nature of Interest Beneficial Name of Director P F Nhleko Date of Transactions 6 April 2009 Bought Call at Strike Price of R 135 per share Sold Call at Strike Price of R 160 per share Number of Contracts 1 209 026 Expiry 18 March 2010 Class of Security Ordinary shares of 0.01 cents each Nature of Transactions Conclusion of call spreads with commercial bank Nature of Interest Beneficial Name of Director P F Nhleko Date of Transaction 6 April 2009 Sale price (per share) R 107.37 Number of shares 186 272 Premium/ Total value R20 million Class of Security Ordinary shares of 0.01 cents each Nature of Transaction Sale of shares Nature of Interest Beneficial Prior clearance to enter into the above transactions was obtained in accordance with MTN`s policy with regard to dealings by directors as well as the Listings Requirements of the JSE. Fairland 7 April 2009 Sponsor Deutsche Securities (SA) (Pty) Limited Date: 07/04/2009 17:50:02 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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