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MTN - MTN Group Limited - Appointment Of New Independent Non-Executive Directors

Release Date: 27/11/2009 17:45
Code(s): MTN
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MTN - MTN Group Limited - Appointment Of New Independent Non-Executive Directors And Executive Director MTN Group Limited Incorporated in the Republic of South Africa) Registration number 1994/009584/06) Share code: MTN ISIN: ZAE000042164 APPOINTMENT OF NEW INDEPENDENT NON-EXECUTIVE DIRECTORS AND EXECUTIVE DIRECTOR The Board of Directors of MTN Group ("the Board") is pleased to announce the appointment of the following three new Independent Non-Executive Directors to the Board, with effect from 1 January 2010. Ms Dawn Marole (South Africa) has been appointed as an Independent Non-Executive Director and a member of the MTN Group Risk Management and Compliance Committee. Mr Peter Mageza (South Africa) has been appointed as an Independent Non- Executive Director and a member of the MTN Group Audit Committee. Mr Alan Harper (United Kingdom) has been appointed as an Independent Non- Executive Director and a member of the MTN Group Nominations, Remuneration, Human Resources and Corporate Governance Committee. The Board further announces that: Mr Azmi Mikati (Lebanon), a Non-Executive Director of the MTN Group Board since July 2006, has been appointed as a member of the Nominations, Remuneration, Human Resources and Corporate Governance Committee, with effect from 27 November 2009. Mr Nazir Patel (South Africa) has been appointed as an Executive Director to the Board, with effect from 27 November 2009 replacing Mr Robert Nisbet who ceased to be a director of the Board, with effect from 30 September 2009. Pursuant to the above changes the Board will comprise: Mr Cyril M Ramaphosa (Chairman), Mr Phuthuma F Nhleko (Group President and CEO), Mr Sifiso Dabengwa (Group Chief Operating Officer), Mr Nazir Patel (Group Finance Director), Mr Doug Band, Ms Koosum Kalyan, Mr Peter Mageza, Ms Dawn Marole, Mr Azmi Mikati, Mr Johnson Njeke, Mr Jan Strydom, Mr Alan van Biljon, Mr Alan Harper and Mr Jeff van Rooyen. Brief resumes of the new Directors are attached. --- ends --- Ms Dawn Marole, BComm (Accounting) from the University of Zululand; Diploma in Tertiary Education from the University of South Africa; MBA (Marketing Management) from Northern Eastern University, Boston, USA; Executive Leadership Development Programme from Wharton School of Business, Washington, USA; Leadership Programme from Gordon Institute of Business Science. Ms Marole is currently an Executive Director: Human Resources at African Bank Investment where she is responsible for the Human Resources function of the company. Her career history, primarily in the Financial Services Sector, dates back to 1983. Ms Marole is a Non-Executive Director of Incwala Resources, Dema Group (Pty) Limited, JP Morgan Chase Bank NA SA Business Unit. She is also a member of the Policy Board for the Financial Services and Regulations as an advisor to the Minister of Finance. She is the current Chairperson of POWA (People Opposing Women Abuse). Mr Peter Mageza Mr Peter Mageza is a Fellow of The Association of Chartered Certified Accountants (ACCA) UK and was until June 2009 ABSA Executive Director and Group Chief Operations Officer. Prior to this he had extensive experience in the Financial/Banking arena. He currently serves on the boards of Bidvest Group Limited, Remgro Limited, Rainbow Chickens Limited. His experience as a director of companies dates back to July 2000. Mr Alan Harper Mr Harper previously worked for the Vodafone Group from 1995 and served as Group Strategy & New Business Director for Vodafone PLC from 2000 to 2007 and was responsible for corporate and regulatory strategy, business development, R&D and public policy. In this role he led the Public and External team, which included all regulatory work, government relations EMF and spectrum policy Mr Harper was a member of the Executive Committee of the Vodafone Group from 1997 to 2007, was a board member of the GSM Association, Chairman of Vodafone Ventures and Chairman of the Board of Trustees of the Vodafone UK Foundation. Mr Nazir Patel Mr Patel joined the MTN Group in April 2006 as Group Executive Finance. He is a qualified CA with wide international experience in Europe and the Middle East. Since Mr Patel joined the MTN Group, he has been responsible for the Group financial management and accounting function, has participated in several of the Group`s Mergers and Acquisition activities and serves on a number of MTN`s subsidiary Boards. Fairland 27 November 2009 Sponsor Deutsche Securities (SA) (Pty) Limited Date: 27/11/2009 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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