BIMTNH - Mobile Telephone Networks Holdings (Proprietary) Limited- Moody`s

BIMTNH - Mobile Telephone Networks Holdings (Proprietary) Limited- Moody`s      
upgrades MTN Group`s ratings to Baa2/A1.za with positive outlook                
Mobile Telephone Networks Holdings (Proprietary) Limited                        
(Registration number 1993/001411/07)                                            
Date of review: 14 February 2012                                                
Rating Agency:  Moodys                                                          
Moody`s upgrades MTN Group`s ratings to Baa2/A1.za with positive outlook        
In accordance with paragraph 4.25 of the JSE Debt Listings Requirements,        
noteholders are advised that that Moody`s have upgraded the global scale        
issuer rating of the Guarantor, MTN Group Limited, to Baa2 from Baa3 and its    
South African national scale issuer rating to A1.za from A2.za. The outlook     
remains positive, post the upgrade.                                             
For further information contact:                                                
Debbie Millar                          (MTN)                                    
Tel: +27 (0) 11 912 3000              Email: millar_d@mtn.co.za                 
Dated: 14 February 2012                                                         
Date: 14/02/2012 15:43:01 Supplied by www.sharenet.co.za                     
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