MTN GROUP LIMITED - Dealing in securities by a director of a major subsidiary of MTN

Dealing in securities by a director of a major subsidiary of MTN

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


DEALING IN SECURITIES BY A DIRECTOR OF A MAJOR SUBSIDIARY OF MTN


In compliance with paragraphs 3.63 – 3.66 of the JSE Limited Listings
Requirements, we hereby announce the following transaction in MTN securities by
a director of a major subsidiary of MTN:
Name of director:                             Jens Schulte-Bockum

Office held:                                  Group Chief Operating
                                              Executive and Director of
                                              major subsidiaries
Name of subsidiaries of the Company:          MTN Nigeria Communications
                                              Limited and Mobile
                                              Telephone Networks
                                              Proprietary Limited
Date of transaction:                          01 June 2018
Number of shares purchased:                   50 000
Class of security:                            MTN ordinary shares of 0.01
                                              cents each
Highest market price at which the             R115.82
shares were purchased:
Lowest market price at which the shares       R114.68
were purchased:
Volume weighted average price at which the    R115.0705
shares were purchased:
Total value of the transaction:               R5 753 525.00
Nature of transaction:                        On-market purchase of
                                              shares
Nature of interest:                           Direct beneficial



Prior clearance to deal in the above-mentioned transaction was obtained in
accordance with MTN`s policy as well as the Listings Requirements of the JSE
Limited.

Fairland
05 June 2018
Sponsor:   Deutsche Securities (SA) Proprietary Limited

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