BIMTN - MTN Group Limited - Upgrade in national short term credit rating

BIMTN - MTN Group Limited - Upgrade in national short term credit rating        
MTN Group Limited (Registration number 1994/009584/06) - upgrade in national    
short term credit rating.                                                       
Date of review: 10 June 2011                                                    
Rating Agency:  Fitch Ratings                                                   
In accordance with paragraph 4.25 of the JSE Debt Listings Requirements,        
noteholders are advised that Fitch Ratings-London/Johannesburg has affirmed MTN 
Group Limited`s National Long-term rating at `AA-(zaf)` and upgraded its        
National Short-term rating to `F1+(zaf)` from `F1(zaf)`. The agency has also    
affirmed Mobile Telephone Networks Holdings (Proprietary) Limited`s senior      
unsecured rating at `AA-(zaf)`.                                                 
For further information contact:                                                
Debbie Millar                          (MTN)                                    
Tel: +27 (0) 11 912 3000              Email: millar_d@mtn.co.za                 
Dated: 8 July 2011                                                              
Date: 08/07/2011 15:32:02 Supplied by www.sharenet.co.za                     
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