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MTN GROUP LIMITED - MTN Statement on Complaint for Violation of the Anti-Terrorism Act

Release Date: 30/12/2019 11:05
Code(s): MTN     PDF:  
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MTN Statement on Complaint for Violation of the Anti-Terrorism Act

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


MTN Statement on Complaint for Violation of the Anti-Terrorism Act

On 27 December 2019 a complaint for violation of the anti-terrorism act was filed in the United States
District Court for the District of Columbia (“The Complaint”). The Complaint was filed on behalf of
American service members and civilians, and their families, who were killed or wounded in
Afghanistan between 2009 and 2017.

The Complaint alleges that several Western businesses supported the Taliban by, inter alia, making
payments to ensure the protection of their infrastructure. The defendants named in the complaint are
six different groups one of which is MTN and certain of its subsidiary companies including MTN
Afghanistan.

MTN is reviewing the details of the report and is consulting its advisers but remains of the view that
it conducts its business in a responsible and compliant manner in all its territories and so intends to
defend its position where necessary.



Fairland
30 December 2019

Lead Sponsor

Tamela Holdings Proprietary Limited

Joint Sponsor

JP Morgan Proprietary Limited

Date: 30-12-2019 11:05:00
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