Director Dealing - 17 January 2005

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 sale of MTN Group Ltd shares by the under mentioned director: Name of Director of a major subsidiary : Mr C Utton Date of Transaction : 10 January 2005 Sale Price (per share) : R41.35 Amount of Shares : 48 435 Class of Security : Ordinary shares of 0.01 cents each Nature of Transaction : Sale of shares arising from the conversion of 15 555 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 January 2005 Sandton Sponsor Merrill Lynch South Africa (Pty) Limited Date: 17/01/2005 12:24:06 PM Produced by the JSE SENS Department