MTN GROUP LIMITED - Dealing in securities by a director of MTN Group Limited

Dealing in securities by a director of MTN Group Limited

MTN Group Limited
(Incorporated in the Republic of South Africa)
Registration Number 1994/009584/06
Share code: MTN
ISIN: ZAE000042164
("MTN ")


DEALING IN SECURITIES BY A DIRECTOR OF MTN GROUP LIMITED

In compliance with paragraphs 3.63 – 3.66 of the JSE Limited Listings Requirements, we
hereby announce the following off-market transaction in MTN securities by a director of
MTN:

Name:                                  PF Nhleko

Office held:                           Chairman of MTN Group Limited

Date of transaction:                   4 November 2014

Nature of transaction:                 Collar on MTN ordinary shares

Class of shares:                       Options over MTN ordinary shares

Purchased Put Option Strike:           R226.73 per share

Sold Call Option Strike:               R320.05 per share

Number of contracts:                   1 218 981

Notional Total value of transaction:   R298 881 951.39

Expiry date:                           27 March 2017

Nature of interest:                    Indirect beneficial

Prior clearance to deal in this transaction was obtained in accordance with MTN`s policy with
regard to director`s dealings as well as the Listings Requirements of the JSE Limited.

Fairland
06 November 2014

Sponsor
Deutsche Securities (SA) Proprietary Limited

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