MTN
MTN
MTN Group - MTN Group shareholders approve resolutions
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")
MTN GROUP SHAREHOLDERS APPROVE RESOLUTIONS REQUIRED FOR THE PROPOSED OFFER WITH
SHAREHOLDERS OF INVESTCOM LLC ("INVESTCOM")
Shareholders are advised that all the resolutions relating to the proposed offer
by MTN Group to Investcom shareholders to acquire the entire issued share
capital of Investcom ("Investcom Offer"), proposed at the general meeting of MTN
Group shareholders held on Tuesday, 27 June 2006, were passed by the requisite
majority of shareholders.
Shareholders are further advised that an application will accordingly now be
submitted to the JSE Limited for the listing of a maximum of 204,298,809 new MTN
Group ordinary shares in respect of the Investcom Offer.
Further announcements will be made in due course in relation to the fulfillment
or waiver of the remaining conditions to which the Investcom Offer is subject.
Fairland
27 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 adviser
Freshfields Bruckhaus Deringer
Sponsor
Merrill Lynch South Africa (Proprietary) Limited
Date: 27/06/2006 01:36:02 PM Produced by the JSE SENS Department
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