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MTN - MTN Group Limited - Announces leadership changes in its Africa

Release Date: 10/03/2011 15:59
Code(s): MTN
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MTN - MTN Group Limited - Announces leadership changes in its Africa operations MTN Group Limited Registration number: 1994/009584/06 ISIN code: ZAE000042164 Share code: MTN ("MTN") MTN announces leadership changes in its Africa operations MTN Group has appointed Ahmed Faroukh as its Vice President (VP) of the West and Central Africa (WECA) region. Faroukh was CEO of MTN Nigeria for almost five years and recently acting VP for the WECA region, which includes Nigeria, Ghana, Cote d`Ivoire, Cameroon, Congo Brazaville, Guinea Bissau, Guinea Conakry, Liberia and Benin. Brett Goschen, currently the CEO of MTN Ghana, becomes the new CEO of MTN Nigeria. Goschen, a chartered accountant, has provided strategic, operating and financial leadership to MTN`s large operations in West Africa in his capacity as Chief Financial Officer of MTN Nigeria from 2002 to 2006 before he was appointed MTN Ghana CEO. In Ghana, Goschen will be replaced by Michael Ikpoki, the Sales and Distribution Executive for MTN Nigeria. Ikpoki joined MTN Nigeria as Regulatory Advisor in 2001 and was promoted to General Manager: Regulatory Affairs in 2004. MTN Group President and CEO Mr Phuthuma Nhleko congratulated the executives on their appointments. "Faroukh`s contribution to MTN Nigeria as well as to the WECA region has been most valued and appreciated. Goschen`s wide experience and in-depth knowledge of MTN Group and MTN Nigeria makes him aptly equipped to lead MTN Nigeria. "Through his exposure to various facets of the business, Ikpoki has gained extensive experience in public policy, stakeholder engagement, as well as exposure to sales and distribution and commercial operations at a senior level. On behalf of the MTN Board, I wish Faroukh, Goschen and Ikpoki all the very best in their new roles," says Nhleko. ENDS Issued by MTN Group Corporate Affairs ABOUT MTN GROUP Launched in 1994, the MTN Group is a multinational telecommunications group, operating in 21 countries in Africa, Asia and the Middle East. The MTN Group is listed on the JSE Securities Exchange in South Africa under the share code: "MTN." As of 31 December 2010, MTN recorded 141, 6 million subscribers across its operations in Afghanistan, Benin, Botswana, Cameroon, Cote d`Ivoire, Cyprus, Ghana, Guinea Bissau, Guinea Republic, Iran, Liberia, Nigeria, Republic of Congo (Congo Brazzaville), Rwanda, South Africa, Sudan, Swaziland, Syria, Uganda, Yemen and Zambia. Visit us at www.mtn.com and www.mtnfootball.com For more information, please contact: Maphamola Paul Lebelo: Lebelo_m@mtn.co.za or +2783 212 9918 Fairland 10 March 2011 Sponsor Deutsche Securities (SA) (Proprietary) Limited Date: 10/03/2011 15:59:10 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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