SENS Note - 05 July 2005

MTN acquires 51% in Cote d''Ivoire''s Loteny Telecom

MTN Group has today announced that all the conditions precedent for the acquisition of a 51% interest in Loteny Telecom, trading under the name of Telecel Cote d`Ivoire in the Republic of Cote d`Ivoire, have been fulfilled. The acquisition is effective 1 July 2005 on which date MTN Group, via a subsidiary, assumes control of the operation. The operation has in excess of 800 000 subscribers and a market share in excess of 46%. This acquisition is in line with MTN Group`s vision to become the leading telecoms operator in emerging markets and its geographic and strategic footprint in West Africa has now been expanded and consolidated.

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