Director Dealing - 23 December 2009

MTN - MTN Group - Dealings in securities by direct

MTN MTN MTN - MTN Group - Dealings in securities by director of major subsidiary MTN Group Limited (Incorporated in the Republic of South Africa) Registration Number 1994/009584/06 Share code: MTN ISIN: ZAE000042164 ("MTN Group") DEALINGS IN SECURITIES BY DIRECTOR OF MAJOR SUBSIDIARY 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 by the under mentioned director of a major subsidiary: Name of Director: Mr Zunaid Bulbulia Name of subsidiary MTN SA Date of transactions: 22 December 2009 Sale price (per share): R114.50 Number of shares sold: 19 300 Total value of shares sold: R2 209 850.00 Class of security: Ordinary shares of 0.01 cents each Nature of transactions: Sale of shares in the open market by a 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 23 December 2009 Sponsor Deutsche Securities (SA) (Pty) Limited Date: 23/12/2009 11:52:01 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.