MTN
 MTN                                                                             
MTN Group Awarded Investment Grade Rating                                       
MTN Group Limited                                                               
(Incorporated in the Republic of South Africa)                                  
(Registration number 1994/009584/06)                                            
Share code MTN                                                                  
ISIN ZAE000042164                                                               
("MTN Group" or "the Company")                                                  
MTN GROUP AWARDED INVESTMENT GRADE RATING                                       
The MTN Group has received its first international investment grade rating.     
Moody"s Investors Service has today assigned MTN Group a global scale rating of 
Baa3 and an A3.za South African national scale rating with stable outlook. Fitch
Ratings has assigned the Company a South African national long-term rating of   
A+(zaf) with stable outlook.                                                    
Fairland                                                                        
26 June 2006                                                                    
Sponsor                                                                         
Merrill Lynch South Africa (Pty) Ltd                                            
Date: 26/06/2006 04:38:56 PM Produced by the JSE SENS Department