SENS Note - 05 May 2008

MTN - MTN Group Limited - Cautionary Announcement

MTN MTN MTN - MTN Group Limited - Cautionary Announcement MTN Group Limited (Incorporated in the Republic of South Africa) (Registration Number 1994/009584/06) Share code: MTN & ISIN: ZAE000042164 ("MTN" or "the Company") Cautionary announcement Further to the statement released by the Company on SENS on Friday, 25 April 2008, shareholders are advised that MTN is engaged in discussions with Bharti Airtel Limited which, if successfully concluded, may have a material effect on the price of the Company`s securities. The discussions are exploratory in nature and may or may not lead to any transaction. Accordingly, shareholders are advised to exercise caution when dealing in the Company`s securities until a further announcement is made. Fairland 5 May 2008 Financial advisers Merrill Lynch Deutsche Bank Sponsor Merrill Lynch South Africa (Pty) Limited Date: 05/05/2008 17:54:02 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.