MTN
 MTN                                                                             
MTN - Acquisition by MTN of A 6.98% interest in MTN Nigeria                     
MTN Group Limited                                                               
(Incorporated in the Republic of South Africa)                                  
(Registration number 1994/009584/06)                                            
Share code: MTN                                                                 
ISIN: ZAE000042164                                                              
("MTN")                                                                         
THE ACQUISITION BY MTN OF A 6.98% INTEREST IN MTN NIGERIA COMMUNICATIONS LIMITED
("MTN NIGERIA") FROM CERTAIN MINORITY SHAREHOLDERS                              
Further to the announcement released on SENS on Tuesday, 3 October 2006 and     
published in the South African press on Wednesday, 4 October 2006, shareholders 
are advised that all the conditions precedent have been fulfilled.              
Fairland                                                                        
18 October 2006                                                                 
MTN Sponsor                                                                     
Merrill Lynch                                                                   
MTN Independent expert                                                          
Deutsche Bank                                                                   
MTN Attorneys                                                                   
Webber Wentzel Bowens                                                           
Minority Shareholders Financial Advisor                                         
HSBC Bank plc                                                                   
International Legal Advisors to Minority Shareholders                           
Denton Wilde Sapte                                                              
Nigerian Legal Advisors to Minority Shareholders                                
Aluko & Oyebode                                                                 
Date: 18/10/2006 10:40:16 AM Produced by the JSE SENS Department