Altech withdraws intervention

Altech withdraws intervention:

 Allied Technologies Limited ("Altech") has withdrawn as an intervening party in the merger proceedings before the Competition Tribunal, in respect of MTN's proposed acquisition of Verizon South Africa, which is to be heard by the Competition Tribunal on 08 January 2009. MTN has given a number of general undertakings in respect of the way in which it proposes to conduct the Verizon business. These undertakings have given Altech satisfactory comfort to address its competition law concerns.