MTN Board Changes MTN Group Limited (Incorporated in the Republic of South Africa) Registration Number 1994/009584/06 Share code: MTN ISIN: ZAE000042164 (“MTN Group") CHANGES TO THE BOARD OF MTN GROUP MTN Group shareholders are referred to the announcement released on SENS on 3 May 2019. In compliance with paragraph 3.59 of the Listings Requirements of the JSE Limited, MTN Group shareholders are advised of the following changes to the MTN Group board of directors (“Board”). 1. The Chairman of MTN Group, Phuthuma Nhleko, has stepped down from the Board on 15 December 2019 after overseeing an orderly transition of the Board including the establishment of the International Advisory Board. 2. Further, Alan Harper, Jeff Van Rooyen and Koosum Kaylan have stepped down from the Board on 15 December 2019 after an orderly transition and handover to incoming directors. 3. Mcebisi Jonas assumed the position of Chairman of MTN Group with effect from 15 December 2019. 4. Dr. Khotso Mokhele assumed the responsibilities of Lead Independent Director with effect from 15 December 2019. MTN Group President and Chief Executive Officer reflected on the outgoing Chairman’s extraordinary career at MTN Group and commended his grit and determination that provided the impetus to grow MTN Group from a plucky start-up into one of Africa’s largest multinational businesses. Phuthuma expressed his gratitude to the retiring directors and the Board for persisting passionately on a roadmap (with twists, turns and diversions) that they collectively forged at strategy sessions. He wished the entire MTN Group family the very best in continuing to etch a Pan African vision, and mentioned that there is still a lot to be achieved and celebrated in the future, and he has no doubt the MTN Group “can do spirit” will prevail in realizing the full potential of this vision. Mcebisi expressed his gratitude to the retiring directors for their invaluable contribution and dedication to MTN Group and across all the markets that MTN Group operates in. Fairland 18 December 2019 Lead Sponsor Tamela Holdings Proprietary Limited Joint Sponsor JP Morgan Proprietary Limited Date: 18-12-2019 02:35:00 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.