MOBILE TEL NETWORKS HLDGS (PTY) 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

MOBILE TELEPHONE NETWORKS HOLDINGS PROPRIETARY LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1993/001411/07)
Instrument Code: MTN04 ISIN: ZAG000078619
(“MTNH”) or (“the Company”)


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

Noteholders 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 noteholders not to make decisions based on press reports and MTN
again urges its noteholders to refrain from doing so.

Noteholders 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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