The Notes are guaranteed by MTN Group Limited, Mobile Telephone Networks Holdings Proprietary Limited, MTN International (Mauritius) Limited, MTN International Proprietary Limited, Mobile Telephone Networks Proprietary Limited and MTN Treasury Limited (together, the Guarantors).

MTN Group is a South African multinational telecommunications group operating in Africa and the Middle East. It provides communication services which include cellular network access and business solutions and engages in the provision of network information technology services. It offers broadband and internet products and services and converged fixed or mobile products and services. The Company is a holding company incorporated in Mauritius and is a wholly-owned subsidiary of MTN Group Limited. It offers telecommunication services through its subsidiaries.

The Company retained Merrill Lynch International, MUFG Securities EMEA PLC and Standard Chartered Bank to act as Dealer Managers and Morrow Sodali Limited acted as Tender Agent for the Tender Offer.

Appleby acted as legal advisers to the Company and the Guarantors on the Mauritius law aspects of the transaction alongside Freshfields Bruckhaus Deringer LLP. and Webber Wentzel as to English law and South African law respectively. Clifford Chance LLP acted as legal advisers to the Dealer Managers as to English law.

The key contact for this matter is Manisha Lallah, Counsel.

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