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MTN GROUP LIMITED - Trading Statement for the six-month period ended 30 June 2015

Release Date: 28/07/2015 08:33
Code(s): MTN     PDF:  
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Trading Statement for the six-month period ended 30 June 2015

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

TRADING STATEMENT FOR THE SIX-MONTH PERIOD ENDED 30 JUNE 2015

MTN is currently in the process of finalising its financial results for the six-month period ended 30 June 2015.
These results will be announced on Wednesday 5 August 2015. Issuers may publish a voluntary trading
statement if the expected differences are less than 20% but which are viewed by the issuer as being important
enough to be made the subject of a trading statement.

Shareholders are therefore advised that MTN expects a decrease of between 10% and 15% (equating to a
range of between 656 cents and 620 cents) in basic headline earnings per share ("HEPS") and a decrease of
between 10% and 15% (equating to a range of between 658 cents and 621 cents) in attributable earnings per
share (“EPS”) for the period ended 30 June 2015 when compared with the previously reported HEPS and EPS
of 729 cents and 731 cents per share, respectively, for the period ended 30 June 2014.

Adverse exchange rate (and cross rate) movements impacted both the rate at which revenues and EBITDA
were translated as well as resulting in increased forex losses when compared to the prior comparable period.

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 period ended 30 June 2015.

Fairland

28 July 2015

Sponsor

Deutsche Securities (SA) Proprietary Limited

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