MTNZF announcement re MTN Statement on Complaint and MTN Asset Realisation Programme 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”) ANNOUNCEMENT RE: MTN Statement on Complaint for Violation of the Anti-Terrorism Act and Significant Progress in MTN’s Asset Realisation Programme MTNZF shareholders are referred to the MTN Statement on Complaint for Violation of the Anti-Terrorism Act announcement issued by MTN Group Limited (“MTN”) on the Stock Exchange News Service of the JSE Limited (“SENS”) on 30 December 2019 and the Significant Progress in MTN’s Asset Realisation Programme announcement issued by MTN on SENS on 2 January 2020. As MTNZF’s only material investment and asset consists of MTN shares, MTNZF shareholders should consider MTN’s announcements when trading in MTNZF shares. Johannesburg 3 January 2020 JSE Sponsor: Tamela Holdings Proprietary Limited 1 Date: 03-01-2020 02:32:00 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.