MTN capital markets day presentations and progress on our asset realisation programme MTN Group Limited (Incorporated in the Republic of South Africa) (Registration number 1994/009584/06) (Share code MTN) (ISIN: ZAE000042164) (“MTN”) MTN capital markets day presentations and progress on our asset realisation programme MTN capital markets days presentations MTN will be hosting capital markets days in Johannesburg today, in London on 30 May 2019 and in New York on 3 June 2019, where the management team will unpack and present MTN’s investment case and opportunities for growth. The presentation materials are available on our website: https://www.mtn.com/investors/more-in-investors/capital-markets-day/ Progress on our asset realisation programme MTN announced its asset realisation programme in March 2019. The programme aims to simplify MTN’s portfolio, reduce risk, improve returns and realise capital of R15 billion over 3 years. As part of this programme, MTN has agreed to sell all of its interests in investment fund Amadeus and its associated holding in Travelstart to HarbourVest, a global private equity firm, for net proceeds of approximately R1,2 billion. The transaction is expected to close within the next 3 months subject to customary closing conditions for a transaction of this nature. MTN will maintain its commercial relationship with Travelstart going forward. Fairland 28 May 2019 Lead sponsor JP Morgan Equities (SA) Proprietary Limited Joint sponsor Tamela Holdings Proprietary Limited Date: 28/05/2019 08:30:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.