MTN GROUP LIMITED - Changes to the board of directors of MTN and further cautionary announcement

Changes to the board of directors of MTN and further cautionary announcement

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

CHANGES TO THE BOARD OF DIRECTORS OF MTN AND FURTHER CAUTIONARY ANNOUNCEMENT

Shareholders are advised that the Chief Executive Officer of the Company Mr Sifiso Dabengwa has resigned
with immediate effect. The Non-executive Chairman of the Company Mr Phuthuma Nhleko has agreed to act
as Executive Chairman for a maximum period of 6 months while the Company identifies a successor for
Mr Dabengwa. Shareholders are reminded that Mr Alan van Biljon currently serves as the Lead Independent
Director.

The engagement with the Nigerian authorities on the Nigerian Communications Commission fine is continuing
and shareholders will be advised as soon as there are any material developments on this matter.

Shareholders are advised to continue to exercise caution when dealing in the Company’s securities until a
further announcement is made.

Fairland
9 November 2015

Sponsor
Deutsche Securities (SA) Proprietary Limited

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