Director Dealing - 17 December 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 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 : RS Dabengwa Date of Transaction : 14 December 2004 Sale Price (per share) : R39.66 Amount of Shares : 188 039 Class of Security : Ordinary shares of 0.01 cents each Nature of Transaction : Sale of shares arising from the conversion of 60 389 compulsorily convertible debentures in Mobile Telephone Networks Holdings (Pty) Ltd allocated through the MTN Staff Incentive Trust (Debenture Scheme) 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. 17 December 2004 Sandton Sponsor Merrill Lynch South Africa (Pty) Limited Date: 17/12/2004 09:32:11 AM Supplied by www.sharenet.co.za Produced by the JSE SENS Department