MTN GROUP LIMITED - Appointment of Independent Non-Executive Directors

Appointment of Independent Non-Executive Directors

     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”)


     APPOINTMENT OF INDEPENDENT NON-EXECUTIVE DIRECTORS

     In compliance with paragraph 3.59 of the JSE Limited Listings Requirements, MTN Group is
     pleased to announce the appointment of the following independent non-executive directors
     to the board of directors of the Company (“Board”), with effect from 01 June 2018.

1.   Bajabulile Swazi Tshabalala

     Swazi (52) holds a Masters in Business Administration from Babcock School of
     Management, Wake Forest University. She was also part of the Oxford Fintech Programme.

     She has over 20 years professional experience in finance, risk management, treasury and
     general management. Her experience is gained over a diverse range of institutions, in State
     Owned Companies (“SOC”) and the private sector, and a diversity of sectors, including
     transportation and logistics, infrastructure and financial services.

     She has extensive transaction experience in various African countries and globally.

     She is currently a non-executive director of JSE listed FMCG group Tiger Brands Limited,
     and SOC South African Airways. She was until recently a non- executive director of JSE
     listed banking group Standard Bank Group and the Centre for Scientific and Industrial
     Research (CSIR).

     She is also an executive director at Barbican Advisory Group, a South African consulting and
     investment holding company.


2.   Mcebisi Hubert Jonas

     Mcebisi (58) holds a Bachelor of Arts in History & Sociology from Vista University and a
     Higher Diploma in Education from Rhodes University.

     He is a former Deputy Finance Minister of the Government of South Africa who served from
     2014 to 2017. Before his appointment to national government, Mcebisi played a key
     leadership role in the Eastern Cape. He served as a provincial minister of Finance as well as
     Economic Development, Environmental Affairs and Tourism in the province. He also served
     as Chief Executive Officer of the Eastern Cape Development Corporation as well as Chief
     Executive Officer of the Centre for Investment and Marketing in the Eastern Cape,
     developing the investment promotion agenda for the province.

     He is also the former chairperson and non-executive director of the Public Investment
     Corporation.

     Mcebisi is currently one of four independent Presidential Investment Envoys, appointed by
     President Cyril Ramaphosa to attract investors to South Africa.

     The Chairman and the Board welcome the directors and wish them all the best in their new
     roles as independent non-executive directors.


Fairland
7 May 2018

Sponsor
Deutsche Securities (SA) Proprietary Limited

Date: 07/05/2018 07:05:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.