SENS Note - 09 July 2002

M-Cell Nigeria operations erratum

Reference is made to an article in the SA Business Day newspaper published on 9 Jul 02 in respect of MTN Nigeria's financial performance for the year ended 31 Mar 02. An error occurred in the conversion of the reported Naira loss to the USD amount. The loss recorded by MTN Nigeria is Naira 2.9bn, which equates to R261.8m or approximately USD26.3m.

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