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MTN GROUP LIMITED - Trading Statement

Release Date: 19/02/2015 14:40
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 2014. These results will be announced on Wednesday 4 March 2015.

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 5% and 15% (equating
to a range of between 1482 cents and 1623 cents) in headline earnings per share ("HEPS")
and an increase of between 15% and 25% (equating to a range of between 1679 cents and
1825 cents) in attributable earnings per a share (“EPS”) for the year ended 31 December
2014 when compared with the previously reported HEPS and EPS of 1411 cents and 1460
cents, respectively, for the year ended 31 December 2013.

The EPS for the 2014 financial year was positively impacted by the transaction whereby the
MTN Nigeria’s passive infrastructure was transferred to an associate. MTN Group has
retained a 51% interest in the newly created entity and MTN Nigeria will lease-back the
towers for its operations.

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 2014.

Fairland
19 February 2015

Sponsor
Deutsche Securities (SA) Proprietary Limited

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