MTN GROUP LIMITED - Dealing in MTN Zakhele Futhi (RF) Limited Securities by an Associate of a Director of MTN - Transaction Update

Dealing in MTN Zakhele Futhi (RF) Limited Securities by an Associate of a Director of MTN - Transaction Update

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

DEALING IN MTN ZAKHELE FUTHI (RF) LIMITED SECURITIES BY AN ASSOCIATE OF A
DIRECTOR OF MTN - TRANSACTION UPDATE

Shareholders are referred to the MTN announcement of 15 February 2018 in which it was
stated that MTN and Main Street 1561 Proprietary Limited ("Main Street 1561") (being an
associate of one of the MTN directors for purposes of the JSE Limited Listings Requirements)
had agreed to extend the date for fulfilment of the conditions precedent under the Sale of
Shares Agreement for the sale of ordinary shares in MTN Zakhele Futhi (RF) Limited ("Sale
Shares") to Main Street 1561 ("the Transaction"). In addition, subject to the satisfaction or
waiver of the conditions precedent, completion of the Transaction (including the transfer of
the Sale Shares to Main Street 1561 and payment of the purchase price to MTN) had also
been extended to, and was set to occur on or before, 30 March 2018 ("Completion Date").

Shareholders are informed that, following satisfaction of the conditions precedent to the
Transaction, MTN and Main Street 1561 have agreed to extend the Completion Date to 30
June 2018.


Fairland
3 April 2018

Sponsor
Deutsche Securities (SA) Proprietary Limited

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