Disclosure of beneficial interests in securities in MTN Group Limited MTN Group Limited (Incorporated in the Republic of South Africa) Registration Number 1994/009584/06 Share code: MTN ISIN: ZAE000042164 ("MTN Group") DISCLOSURE OF BENEFICIAL INTERESTS IN SECURITIES IN MTN GROUP LIMITED MTN Group has on 7 December 2012 received a notification of disclosure of acquisition of a beneficial interest from The Capital Group Companies, Inc., advising that it has acquired a beneficial interest in securities of MTN Group, such that the total of all beneficial interests held by The Capital Group Companies, Inc. has now reached a threshold of 5.0219% of the issued ordinary capital of MTN Group. This disclosure is in terms of section 122 of the Companies Act 71 of 2008, as amended and Regulation 121 of the Companies Regulations, 2011. The notification of the disclosure was filed with the Takeover Regulation Panel on 11 December 2012. The Capital Group Companies, Inc. is a USA based holding company for several subsidiary companies engaged in investment management activities. The shares reported in this disclosure are owned by accounts under the discretionary investment management of one or more of the investment management companies under The Capital Group Companies, Inc. Fairland 11 December 2012 Sponsor Deutsche Securities (SA) (Proprietary) Limited Date: 11/12/2012 04:59:00 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.