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MTN GROUP LIMITED - The Nigerian Communications Commission (NCC) imposes fine on MTN Nigeria

Release Date: 26/10/2015 14:24
Code(s): MTN     PDF:  
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The Nigerian Communications Commission (NCC) imposes fine on MTN Nigeria

MTN Group Limited

(Incorporated in the Republic of South Africa)

Registration number: 1994/009584/06

ISIN: ZAE000042164

Share code: MTN

(“MTN”)

The Nigerian Communications Commission (NCC) imposes fine on MTN Nigeria

Shareholders are advised that the NCC has imposed a fine equivalent to US$5.2 billion on MTN Nigeria.
This fine relates to the timing of the disconnection of 5.1 million MTN Nigeria subscribers who were
disconnected in August and September 2015 and is based on a fine of N200, 000 for each unregistered
subscriber. MTN Nigeria is currently in discussions with the NCC to resolve the matter in recognition of
the circumstances that prevailed with regard to these subscribers.

We will continue to update shareholders in this regard.

Fairland

26 October 2015

Sponsor

Deutsche Securities (SA) Propriety Limited

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