Director Dealing - 09 November 2009

MTN - MTN Group Limited - Dealing in securities by

MTN MTN MTN - MTN Group Limited - Dealing in securities by director 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 DIRECTOR In compliance with paragraphs 3.63 - 3.74 of the Listing Requirements of the JSE Limited, we hereby disclose the following transaction in MTN securities by the undermentioned director: Name of Director: Mr Phuthuma Nhleko Date of transaction: 6 November 2009 Bought Put at Strike Price of ZAR 115.18 per share Sold Call at Strike Price of ZAR 137.33 per share Expiry Date: 05 May 2011 Number of Contracts: 3 231 047 Class of Security: Ordinary shares of 0.01 cents each Nature of Transaction: Conclusion of zero cost collars with commercial bank Nature of Interest: Direct beneficial Prior clearance to deal in these securities was obtained in accordance with MTN`s policy in regard to Director`s dealings as well as the Listings Requirements of the JSE Limited. Fairland 9 November 2009 Sponsor Deutsche Securities (SA) (Pty) Limited Date: 09/11/2009 17:45:01 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.