Director Dealing - 30 November 2004

MTN Group Limited - Dealing In Securities By Direc

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 terms of Section 3.63 of the Listings Requirements of the JSE Securities Exchange South Africa we hereby give you notice of the exercising of share options and subsequent sale of MTN Group Shares by the under mentioned director: Name of Director : I Charnley Date of Transaction : 26 November 2004 Option Strike Price (per share) : R13.53 Options Exercised : 130 000 Shares Sold : 45 000 on 26 November 2004 Shares Sold : 85 000 on 29 November 2004 Sale Price (per share) : R41.72 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. 29 November 2004 Sandton Sponsor Merrill Lynch South Africa (Pty) Limited