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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 Group") DEALING IN SECURITIES BY A DIRECTOR OF A MAJOR SUBSIDIARY In compliance with paragraphs 3.63 - 3.74 of the Listings Requirements of the JSE Limited we hereby disclose the following share dealings in MTN Group securities by the under mentioned director of a major subsidiary: Name of Director of a major Mr A Bing subsidiary: Name of subsidiary: MTN Nigeria Communications Limited Date of transactions: 4 November 2010 Number of share appreciation 8 440 rights exercised: Offer price (per share): R96.00 Number of shares received in 1 904 respect of appreciation rights exercised: Total value of appreciation R810 240.00 rights exercised: Offer date: 22 June 2007 Vesting periods: 20% of total allocation on 22 June 2009 20% of total allocation on 22 June 2010
30% of total allocation on 22 June 2011 30% of total allocation on 22 June 2012 Purchase price (per share): R129.90 Number of shares purchased: 1 904 Total value of shares R247 329.60 purchased: Class of security: Ordinary shares of 0.01 cents each Nature of transactions: Exercise of share appreciation rights, as well as the purchase of shares on market and subsequent delivery of shares to the director in order to satisfy the MTN Share Appreciation Rights Scheme`s obligations.
Nature of interest: Direct Beneficial
Name of Director of a major Mr A Bing subsidiary: Name of subsidiary: MTN Nigeria Communications Limited Date of transactions: 4 November 2010 Number of share appreciation 1 280 rights exercised: Offer price (per share): R71.00 Number of shares received in 547 respect of appreciation rights exercised: Total value of appreciation R90 880.00 rights exercised: Offer date: 21 November 2006 Vesting periods: 20% of total allocation on 21 November 2008 20% of total allocation on 21 November 2009 30% of total allocation on 21 November 2010
30% of total allocation on 21 November 2011 Purchase price (per share): R129.90 Number of shares purchased: 547 Total value of shares R71 055.30 purchased: Class of security: Ordinary shares of 0.01 cents each Nature of transactions: Exercise of share appreciation rights, as well as the purchase of shares on market
and subsequent delivery of shares to the director in order to satisfy the MTN Share Appreciation Rights Scheme`s obligations. Nature of interest: Direct Beneficial Name of Director of a major Mr A Bing subsidiary: Name of subsidiary: MTN Nigeria Communications Limited Date of transactions: 4 November 2010 Number of share appreciation 11 340 rights exercised: Offer price (per share): R56.83 Number of shares received in 6 142 respect of appreciation rights exercised: Total value of appreciation R644 452.20 rights exercised: Offer date: 31 May 2006 Vesting periods: 20% of total allocation on 31 May 2008 20% of total allocation on 31 May 2009 30% of total allocation on 31 May 2010 30% of total allocation on 31 May 2011 Purchase price (per share): R129.90 Number of shares purchased: 6 142 Total value of shares R797 845.80 purchased: Class of security: Ordinary shares of 0.01 cents each Nature of transactions: Exercise of share appreciation rights, as well as the purchase of shares on market and subsequent delivery of shares to the director in order to satisfy the MTN Share
Appreciation Rights Scheme`s obligations. Nature of interest: Direct Beneficial
Name of Director of a major Mr A Bing subsidiary: Name of subsidiary: MTN Nigeria Communications Limited Date of transactions: 5 November 2010 Sale price per share: R127.75 Number of shares sold: 6 000 Total value of shares sold: R766 500.00 Class of security: Ordinary shares of 0.01 cents each Nature of transactions: Sale of shares on market by director Nature of interest: Direct 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 the JSE Limited. Fairland 8 November 2010 Sponsor Deutsche Securities (SA) (Pty) Limited Date: 08/11/2010 16:47:01 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.
