Director Dealing - 09 April 2009

MTN - MTN Group Limited - Dealing in securities by

MTN MTN MTN - MTN Group Limited - Dealing in securities by directors MTN Group Limited (Incorporated in the Republic of South Africa) Registration Number 1994/009584/06 Share code MTN ISIN ZAE000042164 ("MTN") DEALING IN SECURITIES BY DIRECTORS In compliance with paragraphs 3.63 - 3.74 of the Listings Requirements of the JSE Limited we hereby disclose the following share dealings in MTN Group securities and share options: Name of director: Mr RD Nisbet Date of transactions: 07 April 2009 Number of share options exercised 561 480 Option strike price (per share): R9.31 Total value of options exercised: R5 227 378.80 Offer date: 02 September 2002 Vesting periods: 20% of total allocation on 02 September 2004 20% of total allocation on 02 September 2005 30% of total allocation on 02 September 2006 30% of total allocation on 02 September 2007 Sale price (per share): R105.5971 Total value of shares sold: R59 290 659.70 Class of security: Ordinary shares of 0.01 cents each Nature of transactions: Sale of shares by director following the exercise of options Nature of interest: Direct and Beneficial Name of director: Mr RD Nisbet Date of transactions: 07 April 2009 Number of share options exercised 51 600 Option strike price (per share): R27.00 Total value of options exercised: R1 393 200.00 Offer date: 01 September 2003 Vesting periods: 20% of total allocation on 01 September 2005 20% of total allocation on 01 September 2006 30% of total allocation on 01 September 2007 30% of total allocation on 01 September 2008 Sale price (per share): R105.5971 Total value of shares sold: R5 448 810.36 Class of security: Ordinary shares of 0.01 cents each Nature of transactions: Sale of shares by director following the exercise of options Nature of interest: Direct and Beneficial Name of director: Mr RS Dabengwa Date of transactions: 07 April 2009 Sale price per share: R105.6949 Number of shares sold 235 000 Total value of shares sold: R24 838 301.50 Class of security: Ordinary shares of 0.01 cents each Nature of transactions: Sale of shares in the open market by director of a major subsidiary Nature of interest: Direct and Beneficial Prior clearance to deal in these shares was obtained in accordance with MTN`s policy with regard to director`s dealings as well as the Listing Requirements of JSE Limited. Fairland 9 April 2009 Sponsor Deutsche Securities (SA) (Pty) Limited Date: 09/04/2009 17:41:09 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.