Company Profile For MTN Group Limited

MTN Group Limited (MTN Group) is a South Africa-based telecommunications company with operations in 21 countries in Africa and the Middle East. The Company is a provider of communication services, offering cellular network access and business solutions. MTN Group operates in three regions: South and East Africa (SEA), which includes MTN South Africa, MTN Swaziland, MTN Zambia, MTN Uganda, MTN Rwanda and Mascom Botswana; West and Central Africa (WECA), which includes MTN Nigeria, MTN Cameroon, MTN Congo-Brazzaville, MTN Cote d’Ivoire, MTN Benin, MTN Ghana, MTN Guinea Bissau, MTN Guinea Conakry and Lonestar Liberia, and Middle East and North Africa (MENA), which includes MTN Irancell, MTN Afghanistan, MTN Cyprus, MTN Sudan, MTN Syria, MTN Yemen and MTN International Carrier Services. Subsequent to year ended December 31, 2008, the Company acquired 100% of Verizon South Africa (Proprietary) Limited and the remaining 59% in I-Talk (Proprietary) Limited.

BRIEF: For the six months ended 30 June 2009, MTN Group Limited's revenues rose 24% to RAN57.27B. Net income rose 22% to RAN7.63B. Revenues reflect higher income from South & East Africa, West & Central Africa and Middle East & North Africa segments. Net income was partially offset by an increase in direct network operating costs, higher costs of handset & other accessories and an increase in employee related expenses

MTN Group Limited
Innovation Centre
216 - 14th Avenue
Fairland
Roodepoort     2195
P: +2711.9123000
F: +2711.9124093

16452