MTN GROUP LIMITED - Dealing in securities

Dealing in securities

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


DEALING IN SECURITIES BY A DIRECTOR AND AN ASSOCIATE OF A DIRECTOR
OF MTN

In compliance with paragraphs 3.63 – 3.66 of the JSE Limited
Listings Requirements, we hereby announce the following transactions
in MTN securities by a director and associate of a director of MTN:
1.   Name of Associate                 Pallinghurst Stables Proprietary
                                       Limited

     Relationship to Director:         Associate of Robert Andrew
                                       Shuter

     Office held:                      Executive Director and Group
                                       President and CEO
     Name of the Company:              MTN

     Total number of shares            100 000

     Total value of transaction        R9 473 073.10

     Nature of transaction:            On-market purchase of shares

     Nature of interest:               Indirect beneficial



 Date of              11 March    12 March        13 March        14 March
 purchase

 Number of               9 500      60 000             500           30 000
 shares

 Lowest Price         R92.4000    R93.6900        R96.5700        R95.9400
 per share

 Highest            R 92. 9700    R94.9900        R96.5700        R95.9500
 Price per
 share

 Volume               R92.7218    R94.4255        R96.5700        R95,9467
 Weighted
 Average
 Price

 Value of           R880 857.10     R5 665   R48 285.00      R 2 878 401.00
 Transaction                        530.00
Fairland
15 March 2019


Lead Sponsor
J.P. Morgan Equities South Africa Proprietary Limited


Joint Sponsor
Tamela Holdings Proprietary Limited

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