SENS Note - 19 March 2008

MTN final results December 07

The group recorded revenue growth of 42% to R73.1 billion (R51.6 billion). Earnings before interest, tax, depreciation and amortisation ("EBITDA") increased by 42% to R31.8 billion R22.4 billion) compared with the twelve-month period ended 31 December 2006. Profit attributable to ordinary shareholders of the company declined slightly to R10.608 billion (R10.61 billion). This led to a fall in basic headline earnings per share to 584.8cps (606.5cps). Dividend A final ordinary dividend of 136cps (90cps) has been declared. Prospects The group's prospects for 2008 remain positive in its key markets. Strategic priorities include: Actively seeking value-accretive expansion opportunities in emerging markets; Ongoing infrastructure investment to ensure appropriate levels of capacity and quality; Ensuring that the group is well positioned to benefit from a rapidly converging technology market; Driving operating margin efficiencies; Engaging with regulatory authorities.

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