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SENS- Thursday, 30 June 2011

MTN - MTN Group Limited - Allocation of MTN Group Limited shares in accordance

MTN MTN MTN - MTN Group Limited - Allocation of MTN Group Limited shares in accordance with the performance share plan MTN Group Limited (Incorporated in the Republic of South Africa) Registration number 1994/009584/06 Share code: MTN ISIN code: ZAE000042164 ("MTN" or "the MTN Group") ALLOCATION OF MTN GROUP LIMITED SHARES IN ACCORDANCE WITH THE PERFORMANCE SHARE PLAN In accordance with paragraph 3.63 of the JSE Limited Listings Requirements, shareholders are advised that the following executive directors, directors of major subsidiaries and the company secretary of MTN were awarded shares in terms of the MTN`s employee share scheme, the salient details of which are set out below: 1. Name of director RS Dabengwa Name of the company MTN Date of transaction 29 June 2011 Number of options awarded 107,800, shares are subject to performance conditions Class of security MTN ordinary shares of 0.01 cents each Market price at which options R140.50 were awarded Total value of shares R15, 141,400 Vesting period 30 months from award date Nature of transaction Award of shares to employee in accordance with MTN Performance Share Plan Nature of interest Direct beneficial Clearance Yes 2. Name of director NI Patel Name of the company MTN Date of transaction 29 June 2011 Number of options awarded 57,700, shares are subject to performance conditions Class of security MTN ordinary shares of 0.01 cents each Market price at which options R140.50 were awarded Total value of shares R8, 101,986 Vesting period 30 months from award date Nature of transaction Award of shares to employee in accordance with MTN Performance Share Plan Nature of interest Direct beneficial Clearance Yes 3. Name of company secretary SB Mtshali Name of the company MTN Date of transaction 29 June 2011 Number of options awarded 6, 500, shares are subject to performance conditions Class of security MTN ordinary shares of 0.01 cents each Market price at which options R140.50 were awarded Total value of shares R913, 181 Vesting period 30 months from award date Nature of transaction Award of shares to employee in accordance with MTN Nature of interest Direct beneficial Performance Share Plan Clearance Yes 4. Name of director PD Norman Name of the subsidiary company Mobile Telephones Networks (Pty) Ltd Date of transaction: 29 June 2011 Number of options awarded 36,500, shares are subject to performance conditions Class of security MTN ordinary shares of 0.01 cents each Market price at which options R140.50 were awarded Total value of shares R5, 133,716 Vesting period 30 months from award date Nature of transaction Award of shares to employee in accordance with MTN Performance Share Plan Nature of interest Direct beneficial Clearance Yes 5. Name of director KW Pienaar Name of the subsidiary company Mobile Telephones Networks (Pty) Ltd Date of transaction 29 June 2011 Number of options awarded 31,500, shares are subject to performance conditions Class of security MTN ordinary shares of 0.01 cents each Market price at which options R140.50 were awarded Total value of shares R4, 422, 838 Vesting period 30 months from award date Nature of transaction Award of shares to employee in accordance with MTN Performance Share Plan Nature of interest Direct beneficial Clearance Yes 6. Name of director Z Bulbulia Name of the subsidiary company Mobile Telephones Networks (Pty) Ltd Date of transaction 29 June 2011 Number of options awarded 18,500, shares are subject to performance conditions Class of security MTN ordinary shares of 0.01 cents each Market price at which options R140.50 were awarded Total value of shares R2, 594,872 Vesting period 30 months from award date Nature of transaction Award of shares to employee in accordance with MTN Performance Share Plan Nature of interest Direct beneficial Clearance Yes 7. Name of director IS Sehoole Name of the subsidiary company Mobile Telephones Networks (Pty) Ltd Date of transaction 29 June 2011 Number of options awarded 37,300, shares are subject to performance conditions Class of security MTN ordinary shares of 0.01 cents each Market price at which options R140.50 were awarded Total value of shares R5, 246,360 Vesting period 30 months from award date Nature of transaction Award of shares to employee in accordance with MTN Performance Share Plan Nature of interest Direct beneficial Clearance Yes 8. Name of director A Bing Name of the subsidiary company MTN Nigeria Communications Limited Date of transaction 29 June 2011 Number of options awarded 20,600, shares are subject to performance conditions Class of security MTN ordinary shares of 0.01 cents each Market price at which options R140.50 were awarded Total value of shares R2, 887,562 Vesting period 30 months from award date Nature of transaction Award of shares to employee in accordance with MTN Performance Share Plan Nature of interest Direct beneficial Clearance Yes 9. Name of director C de Faria Name of the subsidiary company MTN Nigeria Communications Limited Date of transaction 29 June 2011 Number of options awarded 45,200, shares are subject to performance conditions Class of security MTN ordinary shares of 0.01 cents each Market price at which options R140.50 were awarded Total value of shares R6, 355,243 Vesting period 30 months from award date Nature of transaction Award of shares to employee in accordance with MTN Performance Share Plan Nature of interest Direct beneficial Clearance Yes 10. Name of director J Desai Name of the subsidiary company MTN Nigeria Communications Limited Date of transaction 29 June 2011 Number of options awarded 45,200, shares are subject to performance conditions Class of security MTN ordinary shares of 0.01 cents each Market price at which options R140.50 were awarded Total value of shares R6, 355,243 Vesting period 30 months from award date Nature of transaction Award of shares to employee in accordance with MTN Performance Share Plan Nature of interest Direct beneficial Clearance Yes 11. Name of director A Farroukh Name of the subsidiary company MTN Nigeria Communications Limited Date of transaction 29 June 2011 Number of options awarded 44,600, shares are subject to performance conditions Class of security MTN ordinary shares of 0.01 cents each Market price at which options R140.50 were awarded Total value of shares R6, 260,389 Vesting period 30 months from award date Nature of transaction Award of shares to employee in accordance with MTN Performance Share Plan Nature of interest Direct beneficial Clearance Yes 12. Name of director J Ramadan Name of the subsidiary company Irancell Telecommunication Company Services (PJSC) Date of transaction 29 June 2011 Number of options awarded 40,500, shares are subject to performance conditions Class of security MTN ordinary shares of 0.01 cents each Market price at which options R140.50 were awarded Total value of shares R5, 691, 263 Vesting period 30 months from award date Nature of transaction Award of shares to employee in accordance with MTN Performance Share Plan Nature of interest Direct beneficial Clearance Yes MTN confirms that the shares to be used for allocation will be purchased on the market. Fairland 30 June 2011 Sponsor Deutsche Securities (SA) (Pty) Limited Date: 30/06/2011 17:45:01 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited (`JSE`). 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