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MTN - MTN Group Limited - MTN and BICS to combine their international carrier services MTN Group Limited (Incorporated in the Republic of South Africa) Registration number 1994/009584/06 Share code: MTN ISIN code: ZAE000042164 ("MTN") MTN and BICS to combine their international carrier services Shareholders are advised that MTN announced today the extension of its relationship with Belgacom International Carrier Services ("BICS") by combining MTN ICS, its international carrier services business which generated revenues of Euro 223,2 million in the year ended 31 December 2008, with the business of BICS. Pursuant to the combination of the two businesses, MTN will hold an equity interest of 20% in the enlarged BICS and appoint two directors to the board. The combination is expected to improve the quality of the international traffic carrier service offerings of MTN operations whilst realising meaningful cost benefits. The transaction is subject to certain conditions precedent including, to the extent required, the approval of the relevant regulatory authorities. Fairland 26 June 2009 Financial adviser to MTN Deutsche Bank Legal adviser to MTN Freshfields Sponsor to MTN Deutsche Securities (SA) (Proprietary) Limited Date: 26/06/2009 07:33:02 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.
