M-Cell Ltd - MTN Nigeria Communications Limited ("MTN Nigeria")                 
M-Cell Ltd                                                                      
("M-Cell" or "the Company")                                                     
(Incorporated in the Republic of South Africa)                                  
Registration number 1994/009584/06                                              
Share Code: MCE                                                                 
ISIN Code: ZAE000023115                                                         
MTN NIGERIA COMMUNICATIONS LIMITED ("MTN NIGERIA")                              
Reference is made to an article in the South African Business Day newspaper     
publication of 9 July 2002 in respect of MTN Nigeria`s financial performance for
the year ended 31 March 2002.  It appears that an error occurred in the         
conversion of the reported Naira loss to the US Dollar amount.  The loss        
recorded by MTN Nigeria is Naira 2.9 billion, which equates to R 261.8 million  
as previously reported by the Company, or approximately US$ 26.3 million.       
Sandton                                                                         
9 July 2002                                                                     
Sponsor                                                                         
Merrill Lynch South Africa (Pty) Ltd                                            
Date: 09/07/2002 10:33:03 AM Produced by the JSE SENS Department