MTN ZAKHELE FUTHI (RF) LIMITED - Further cautionary

Further cautionary

 MTN Zakhele Futhi (RF) Limited
(Incorporated in the Republic of South Africa)
(Date of incorporation: 21 June 2016)
(Registration number: 2016/268837/06)
JSE share code: MTNZF
ISIN: ZAE000279402
LEI: 378900429C4F73B1BE74
(“MTNZF” or the “Company”)

Further cautionary


Further to the cautionary announcement dated 10 March 2021, MTNZF shareholders are advised that, as
MTNZF’s only material investment and asset consists of MTN shares, the fact that MTN has suspended the
2020 final dividend (and considering the dividend guidance provided for 2021) impacts MTNZF’s liquidity,
solvency and its ability to pay scheduled preference dividends. MTNZF is entering into discussions with MTN
and the preference share funders to find solutions to mitigate the impact.

The full impact is still being determined and this may have a material effect on the price of MTNZF’s ordinary
shares. Accordingly, MTNZF shareholders are advised to continue to exercise caution when dealing in MTNZF
ordinary shares until a full announcement is made.

Johannesburg
12 March 2021

JSE Sponsor:
Tamela Holdings Proprietary Limited

Date: 12-03-2021 07:30:00
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