Director Dealing - 17 December 2010

MTN - MTN Group Limited - Dealing in securities by

MTN MTN MTN - MTN Group Limited - Dealing in securities by a director MTN Group Limited (Incorporated in the Republic of South Africa) Registration Number 1994/009584/06 Share code: MTN ISIN: ZAE000042164 ("MTN Group") DEALING IN SECURITIES BY A DIRECTOR 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: Name of Director: Mr NI Patel Date of transaction: 15 December 2010 Highest price of shares sold: R125.41 Lowest price of shares sold: R125.40 VWAP of shares sold: R125.4007 Number of shares sold: 7 587 Total value of shares sold: R951 415.11 Class of security: Ordinary shares of 0.01 cents each Nature of transactions: Sale of shares on market by director Nature of interest: Direct 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 Listings Requirements of the JSE Limited. Fairland 17 December 2010 Sponsor Deutsche Securities (SA) (Pty) Limited Date: 17/12/2010 12:59:01 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.