SENS Note - 25 May 2006

MTN Group Limited - Dealing in Securities by Direc

MTN MTN 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 compliance with rule 3.63 - 3.74 of the Listings Requirements of the JSE Limited we hereby disclose a forward purchase of MTN Group Shares by the under mentioned director: Name of Director : Phuthuma Freedom Nhleko Date of Transaction : 24 May 2006 Forward Price (per share): R 63.97 Term : 18 months Amount of Shares : 4 150 000 Class of Security : Ordinary shares of 0.01 cents each Nature of Transaction : Entering into forward purchase contract with a commercial bank Nature of Interest : Beneficial Prior clearance to deal in these shares was obtained in accordance with MTN"s policy with regard to Director"s dealings as well as the JSE Limited listing requirements. Fairland 25 May 2006 Sponsor Merrill Lynch South Africa (Pty) Limited Date: 25/05/2006 01:52:40 PM Produced by the JSE SENS Department