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MTN GROUP LIMITED - Trading Statement

Release Date: 20/02/2014 08:03
Code(s): MTN     PDF:  
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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 currently in the process of finalising its financial results for the year ended 31 December 2013. These
results will be announced on Wednesday 5 March 2014.

Paragraph 3.4 (b) of the Listings Requirements of the JSE Limited requires a trading statement to be published
as soon as issuers and its directors are satisfied that a reasonable degree of certainty exists that the financial
results 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 25% and 30% in headline earnings per
share ("HEPS") and attributable earnings per a share (“EPS”) for the year ended 31 December 2013 when
compared with the previously reported year.

The HEPS and EPS for the year were positively affected by foreign exchange gains of approximately R1.1 billion
compared to foreign exchange losses of approximately R2.7 billion in the prior year. The foreign exchange gain
was mainly a result of a R2.3 billion exchange rate gain in MTN Mauritius partly offset by foreign exchange
losses on certain operational working capital accounts.

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 the year ended 31 December 2013.

Fairland
20 February 2014

Sponsor
Deutsche Securities (SA) Proprietary Limited

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