MTN GROUP LIMITED - Further update on the fine imposed on MTN Nigeria and renewal of cautionary announcement

Further update on the fine imposed on MTN Nigeria and renewal of cautionary announcement

MTN Group Limited

(Incorporated in the Republic of South Africa)

Registration Number 1994/009584/06

Share code: MTN

ISIN: ZAE000042164

("MTN Group" or the “Company”)



FURTHER UPDATE ON THE FINE IMPOSED ON MTN NIGERIA AND RENEWAL OF CAUTIONARY
ANNOUNCEMENT

Shareholders were advised on 3 March 2016 that MTN Nigeria continues to engage with the
Nigerian authorities in an attempt to ensure an amicable resolution to this matter in the interests of
MTN Nigeria, its stakeholders and the Nigerian authorities.

MTN is aware of the various reports which appeared in the press yesterday regarding the fine. MTN
has previously advised shareholders not to make decisions based on press reports and MTN again
urges its shareholders to refrain from doing so.

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

Fairland
11 March 2016

Sponsor
Deutsche Securities (SA) Proprietary Limited

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