Director Dealing - 30 June 2003

MTN Group Limited - Dealing in Securities by Direc

MTN Group Limited - Dealing in Securities by Directors MTN GROUP LIMITED (formerly M-CELL LIMITED) (Incorporated in the Republic of South Africa) (Registration number 1994/009584/06) (Share code MTN ISIN ZAE000042164) Dealing in Securities by Directors In terms of Section 3.72 of the Listings Requirements of the JSE Securities Exchange we hereby give you notice of the exercise of MTN Group Share Options and sale thereof by the undermentioned director: Name of Director : RD Nisbet Date of Transaction : 27 June 2003 Option Strike Price (per share) : Various Sale Price (per share) : R16.25 Amount of Shares : 260 000 Class of Security : Ordinary shares of 10 cents each Nature of Transaction : Exercise of options and sale of shares Nature of Interest : Direct Beneficial Sandton 27 June 2003