MTN
 MTN                                                                             
MTN Group Limited - Posting Of Circular To MTN Group Shareholders               
MTN Group Limited                                                               
(Incorporated in the Republic of South Africa)                                  
(Registration number 1994/009584/06)                                            
(Share code: MTN)                                                               
(ISIN code: ZAE000042164)                                                       
("MTN Group" or the "Company")                                                  
POSTING OF CIRCULAR TO MTN GROUP SHAREHOLDERS                                   
Shareholders are referred to the SENS announcement dated 2 May 2006, 15 May 2006
and 24 May 2006 regarding MTN Group"s proposed offer to Investcom LLC           
("Investcom") shareholders to acquire the entire issued share capital of        
Investcom ("the Investcom Offer").  The conditions to the Investcom Offer set   
out in the Offer Document dispatched to Investcom shareholders on 23 May 2006   
include, inter alia, the approval of the Investcom Offer by the shareholders of 
MTN Group.                                                                      
The circular to shareholders of MTN Group setting out the details of the        
Investcom Offer and containing a notice convening the general meeting to approve
the Investcom Offer has been approved by the JSE Limited and it is anticipated  
to be posted to shareholders of MTN Group on 12 June 2006.  The general meeting,
to be held at the registered office of MTN Group in the Auditorium, Phase II,   
216 - 14th Avenue, Fairland, South Africa, will be convened for 27 June 2006 at 
10:00, a day prior to the first closing date of the Investcom Offer which is 28 
June 2006.                                                                      
Fairland                                                                        
8 June 2006                                                                     
Joint financial adviser and transaction sponsor                                 
   Deutsche Securities (SA) (Proprietary) Limited                               
Member of the Deutsche Bank Group                                            
Joint financial adviser                                                         
   First Africa (SA) (Proprietary). Limited                                     
South African legal adviser                                                     
Webber Wentzel Bowens                                                        
International legal advisers                                                    
   Freshfields Bruckhaus Deringer                                               
Sponsor                                                                         
Merrill Lynch South Africa (Proprietary) Limited                             
Date: 08/06/2006 05:51:15 PM Produced by the JSE SENS Department