Director Dealing - 01 October 2004

DEALING IN SECURITIES BY DIRECTORS

MTN GROUP LIMITED - DEALING IN SECURITIES BY DIRECTORS MTN GROUP LIMITED (Incorporated in the Republic of South Africa) (Registration number 1994/009584/06) Share code: MTN ISIN ZAE000042164 DEALING IN SECURITIES BY DIRECTORS In compliance with paragraph 3.63 - 3.74 of the Listings Requirements of the JSE Securities Exchange South Africa, the following information is disclosed: Name of Director : I Charnley Date of Transaction : 27 September 2004 Shares Sold : 30 000 Sale Price (per share) : R30.85 Class of Security : Ordinary shares of 0.01 cents each Nature of Transaction : Sale of shares held privately Nature of Interest : Beneficial Name of Director : RS Dabengwa Date of Transaction : 30 September 2004 Option Strike Price (per share) : R9.31 Options Exercised : 66 140 Shares Sold : 66 140 Sale Price (per share) : R30.64 Class of Security : Ordinary shares of 0.01 cents each Nature of Transaction : Exercising of MTN Group Share Options under the MTN Group Share Trust and subsequent sale of shares Nature of Interest : Beneficial Name of Company Secretary : MMR Mackintosh Date of Transaction : 30 September 2004 Option Strike Price (per share) : R9.31 Options Exercised : 4 820 Shares Sold : 4 820 Sale Price (per share) : R30.64 Class of Security : Ordinary shares of 0.01 cents each Nature of Transaction : Exercising of MTN Group Share Options under the MTN Group Share Trust and subsequent sale of shares Nature of Interest : Beneficial Name of Director of a major subsidiary : PD Norman Date of Transaction : 30 September 2004 Option Strike Price (per share) : R9.31 Options Exercised : 70 000 Shares Sold : 70 000 Sale Price (per share) : R30.64 Class of Security : Ordinary shares of 0.01 cents each Nature of Transaction : Exercising of MTN Group Share Options under the MTN Group Share Trust and subsequent sale of shares Nature of Interest : Beneficial Name of alternate Director of a major subsidiary : MH Steinlechner Date of Transaction : 30 September 2004 Option Strike Price (per share) : R9.31 Options Exercised : 41 580 Shares Sold : 41 580 Sale Price (per share) : R30.64 Class of Security : Ordinary shares of 0.01 cents each Nature of Transaction : Exercising of MTN Group Share Options under the MTN Group Share Trust and subsequent sale of shares Nature of Interest : Beneficial Prior written approval in terms of paragraph 3.66 of the JSE Securities Exchange South Africa Listings Requirements has been obtained. 1 October 2004 Sandton Sponsor Merrill Lynch South Africa (Pty) Limited