MTN Group acquired 51% stake in mobile network5 Jul 2005
MTN Group acquired 51% stake in mobile network operator in Cote d`Ivoire        
MTN Group Limited                                                               
(Incorporated in the Republic of South Africa)                                  
(Registration number 1994/009584/06)                                            
Share code: MTN                                                                 
ISIN ZAE000042164                                                               
(`MTN Group`)                                                                   
MTN Group acquired 51% stake in mobile network operator in Cote d`Ivoire        
Reference is made to the press release of 22 June 2005.                         
MTN Group is pleased to announce that all the conditions precedent for the      
acquisition of a 51% interest in Loteny Telecom, trading under the name of      
Telecel Cote d`Ivoire in the Republic of Cote d`Ivoire, have been fulfilled. The
acquisition is effective 1 July 2005 on which date MTN Group, via a subsidiary, 
assumes control of the operation. The operation has in excess of 800 000        
subscribers and a market share in excess of 46%.                                
This acquisition is in line with MTN Group`s vision to become the leading       
telecoms operator in emerging markets and its geographic and strategic footprint
in West Africa has now been expanded and consolidated.                          
Fairland                                                                        
5 July 2005                                                                     
Sponsor:  Merrill Lynch                                                         
Date: 05/07/2005 04:00:26 PM              
Produced by the JSE SENS Department