MTN - MTN Group Limited - Discussions regarding Or28 Apr 2010
MTN
MTN                                                                             
MTN - MTN Group Limited - Discussions regarding Orascom Telecom Holding S.A.E   
("Orascom Telecom") and further cautionary announcement                         
MTN Group Limited                                                               
(Incorporated in the Republic of South Africa)                                  
(Registration number 1994/009584/06)                                            
(Share code: MTN)                                                               
(ISIN code ZAE000042164)                                                        
("the company")                                                                 
DISCUSSIONS REGARDING ORASCOM TELECOM HOLDING S.A.E ("Orascom Telecom") AND     
FURTHER CAUTIONARY ANNOUNCEMENT                                                 
NOT FOR PUBLICATION, DISTRIBUTION OR RELEASE IN WHOLE OR IN PART IN, INTO OR    
FROM AUSTRALIA, CANADA OR JAPAN OR ANY JURISDICTION WHERE TO DO SO WOULD        
CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF SUCH JURISDICTION                
Introduction                                                                    
Further to the cautionary announcement released on the Securities Exchange News 
Service ("SENS") on 23 April 2010, MTN shareholders are informed that MTN is in 
discussions with Orascom Telecom`s parent company, Weather Investments S.p.A,   
which may or may not lead to a transaction relating to the acquisition by MTN of
control of Orascom Telecom and/or certain of its businesses.                    
MTN shareholders are advised to continue to exercise caution in trading in their
MTN securities until such time as a further announcement is made.               
Information on Orascom Telecom                                                  
Orascom Telecom is a leading international telecommunications company operating 
GSM networks in high growth markets in the Middle East, Africa and Asia, having 
a total population under license of approximately 510 million with an average   
mobile telephony penetration of approximately 49% as of December 31st, 2009.    
Orascom Telecom operates GSM networks in Algeria ("OTA"), Pakistan ("Mobilink"),
Egypt ("Mobinil"), Tunisia ("Tunisiana"), Bangladesh ("banglalink"), North Korea
("koryolink") and, through its indirect equity shareholding in Globalive        
Wireless, Canada ("Wind Mobile"). In addition it has an indirect equity         
ownership in Telecel Zimbabwe and, through its subsidiary Telecel Globe, Orascom
Telecom also operates in Burundi, the Central African Republic and Namibia.     
Orascom Telecom had almost 93 million subscribers as of December 31st, 2009.    
Orascom Telecom is traded on the Cairo & Alexandria Stock Exchange under the    
symbol (ORTE.CA, ORAT EY), and on the London Stock Exchange its GDR is traded   
under the symbol (ORTEq.L, OTLD LI). For more information visit                 
www.orascomtelecom.com.                                                         
FAIRLAND                                                                        
28 April 2010                                                                   
Sponsor                                                                         
Deutsche Securities (SA) (Pty) Limited                                          
Date: 28/04/2010 08:00:01 Produced by the JSE SENS Department.                  
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