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

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 Group")                                                                   
DEALING IN SECURITIES BY A DIRECTOR                                             
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:                                     
Name of Director:                Mr NI Patel                                    
Date of transaction:             15 December 2010                               
Highest price of shares sold:    R125.41                                        
Lowest price of shares sold:     R125.40                                        
VWAP of shares sold:             R125.4007                                      
Number of shares sold:           7 587                                          
Total value of shares sold:      R951 415.11                                    
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 Listings Requirements  
of the JSE Limited.                                                             
Fairland                                                                        
17 December 2010                                                                
Sponsor                                                                         
Deutsche Securities (SA) (Pty) Limited                                          
Date: 17/12/2010 12:59:01 Supplied by www.sharenet.co.za                     
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