MTN
MTN                                                                             
MTN - MTN Group Limited - Fitch upgrades MTN Group Limited to `AA-              
(minus)(zaf)`; outlook stable                                                   
MTN Group Limited                                                               
(Incorporated in the Republic of South Africa)                                  
(Registration number 1994/009584/06)                                            
Share code MTN                                                                  
ISIN ZAE000042164                                                               
("MTN")                                                                         
Fitch Upgrades MTN Group Limited to `AA- (minus)(zaf)`; Outlook Stable          
MTN is pleased to announce that Fitch Ratings ("Fitch") has upgraded MTN`s      
National Long-term rating to `AA- (minus)(zaf)` from ` A+(plus)(zaf)`. The      
Outlook is Stable.                                                              
The announcement of any proposed transaction would likely result in a review of 
MTN`s rating by Fitch.                                                          
Fairland                                                                        
2 July 2008                                                                     
Sponsor                                                                         
Merrill Lynch South Africa (Pty) Ltd                                            
Date: 02/07/2008 14:31:02 Produced by the JSE SENS Department.                  
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