SENS Note - 04 August 2004

MTN subscriber numbers for quarter ended 30 Jun 04

As of 30 June 2004, MTN has surpassed the 10 million subscriber mark and recorded 10 088 000 subscribers on its networks operated in South Africa and other African countries. This is a 5.7% increase since financial year-end 31 March 2004. The group`s international operations accounted for 36%, or 3 593 000 of the subscriber base. MTN South Africa increased its subscriber base by 3.6% since 31 March 2004 to 6 495 000 subscribers. This consists of 1 204 000 post-paid subscribers and 5 291 000 pre-paid subscribers, with increases of 3.1% and 3.7% since year-end respectively. Blended average revenue per user (`ARPU`) declined to R189 from R203 per month for the period from 1 April 2004 to 30 June 2004. Pre-paid ARPU of R 98 and post-paid ARPU of R 585 were recorded. MTN International increased its subscriber base by 9.8% since 31 March 2004 to 3 593 000 subscribers. MTN Nigeria contributed 61% or 2 176 000 to that subscriber base.

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