Trading Statement MTN Group Limited (Incorporated in the Republic of South Africa) (Registration number 1994/009584/06) Share code: MTN ISIN ZAE000042164 ("MTN") TRADING STATEMENT MTN is finalising its financial results for the six months ended 30 June 2013. These results are expected to be announced on Wednesday 14 August 2013. In terms of paragraph 3.4 (b) of the Listings Requirements of the JSE Limited, issuers are required to publish a trading statement as soon as they are satisfied that a reasonable degree of certainty exists that the earnings for the period to be reported upon next will differ by at least 20% from those of the previous corresponding period. Shareholders are advised that MTN expects an increase of between 20% and 25% in headline earnings per share ("HEPS") for the six months ended 30 June 2013 when compared against the previously reported corresponding period. The HEPS for the six month period are positively affected by foreign exchange gains of approximately R1.0 billion compared to foreign exchange losses of approximately R1.5 billion in the prior year related to some of the group’s subsidiaries resulting in markedly lower net finance costs. This trading statement has neither been reviewed nor reported on by MTN`s external auditors. The information provided in this announcement does not contain and should not be construed as containing any forward looking statements or projections of any nature whatsoever for periods beyond 30 June 2013. Fairland 1 August 2013 Sponsor Deutsche Securities (SA) Proprietary Limited Date: 01/08/2013 08:00:00 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.