SENS Note - 29 June 2015

MTN -- Appointment of an independent non-executive

In compliance with paragraph 3.59 of the JSE Listings Requirements, the following information is disclosed: MTN announced the appointment of Dr Shaygan Kheradpir (54) as an Independent Non-Executive Director to the Board of Directors of MTN Group (“Board of Directors”), with effect from 8 July 2015. Shaygan is a business and technology executive based in the United States of America. He holds a Bachelors, Masters and Doctorate degrees in Electrical Engineering from Cornell University College of Engineering. Shaygan started his career at GTE, which later became Verizon Communications through its merger with Bell Atlantic. At Verizon he served for more than a decade in key executive roles, most notably as the Executive Vice President and Chief Information Officer leading initiatives for systems modernization, efficiency, and innovation such as FiOS (fiber optic cloud-based TV, data and voice) -- a USD23 billion dollar project and one of largest of its kind in the United States. In 2011, Shaygan joined Barclays Bank PLC in the United Kingdom and served as the Group Chief Operations & Technology Officer on its Executive Committee, leading the operations & technology transformation agenda for the bank, including pioneering innovations such as the Pingit mobile-money transfer platform. Following Barclays, Shaygan served as the Chief Executive Officer of Juniper Networks focusing the company on the growth vectors of the industry -- Cloud-Builder and High-IQ Networking. Shaygan currently serves in Executive Advisory capacity focusing on networking and technology investments, and their operations. His leadership roles outside the executive environment have included serving on the United States National Institute of Standards and Technology (NIST) – Visiting Committee on Advanced Technology from 2010 to 2013. From 2007 to 2010, Shaygan served on the Advisory Board of the YMCA of Greater New York. He is a member of Cornell University Council of Engineering and owns multiple patents spanning telecom, media and payments. The Chairman and the Board of Directors welcome Shaygan and wish him all the best in his new role as an independent non-executive director.

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