MTN - MTN Group Limited - Extension Of Exclusivity3 Aug 2009
MTN
MTN                                                                             
MTN - MTN Group Limited - Extension Of Exclusivity Agreement And Further Renewal
Of Cautionary Announcement                                                      
MTN Group Limited                                                               
(Incorporated in the Republic of South Africa)                                  
Registration number 1994/009584/06                                              
Share code: MTN                                                                 
ISIN: ZAE000042164                                                              
("MTN")                                                                         
EXTENSION OF EXCLUSIVITY AGREEMENT AND FURTHER RENEWAL OF CAUTIONARY            
ANNOUNCEMENT                                                                    
Shareholders are referred to the cautionary announcement and to the renewal of  
cautionary announcement released on SENS on 25 May 2009 and 6 July 2009         
concerning discussions regarding a potential transaction between MTN and Bharti 
Airtel Limited.  MTN and Bharti had entered into an exclusivity agreement       
regarding the potential transaction until 31 July 2009.                         
Shareholders are advised that the discussions between the parties regarding a   
potential transaction are continuing and both parties have agreed to extend the 
exclusivity period until up to 31 August 2009.                                  
No decision or agreement to acquire any shares or implement the potential       
transaction outlined above has yet been made by the Boards of either MTN or     
Bharti and the discussions may or may not lead to any transaction and the       
structure and terms of the potential transaction may be adjusted to reflect     
further discussions between the parties. Shareholders are therefore advised to  
continue to exercise caution when dealing in MTN`s securities until a further   
announcement is made.                                                           
Fairland                                                                        
3 August 2009                                                                   
Financial Advisors                                                              
Bank of America Merrill Lynch                                                   
Deutsche Bank AG                                                                
Sponsor                                                                         
Deutsche Securities SA (Proprietary) Limited                                    
Legal Advisors                                                                  
Freshfields Bruckhaus Deringer LLP                                              
Platinum Partners                                                               
Webber Wentzel                                                                  
Communications Advisor                                                          
Brunswick Group LLP                                                             
Date: 03/08/2009 07:05:16 Produced by the JSE SENS Department.                  
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