SENS Note - 15 November 2005

MTN -- trading statement

Shareholders are advised that MTN expects an increase of between 27% and 37% in basic headline earnings per share as well as an increase of between 27% and 37% in adjusted headline earnings per share for the six month period ended 30 September 2005 against the previously reported corresponding period. Attributable earnings per share for the six month period ended 30 September 2005 are expected to increase by between 27% and 37% against the attributable earnings per share reported in the previous corresponding period.

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