Operations Update - June 2010

Financial Results for the full year ended 28 Feb 2010

Why invest in Econet Wireless

"With over 4 million subscribers Econet Wireless is Zimbabwe's dominant mobile operator representing over 73% of the mobile market according to the regulator, POTRAZ. Through continued investment in capacity Econet intends to be an integral part of the growth of Zimbabwe's Penetration Rate from 10% in 2008 to the African average of over 40%"

Performance highlights

Year ended 28 February 2010
Subscribers	4 million
Investment in long term assets	US$ 160.1 million
Revenue	US$ 362.8 million
EBITDA	US$ 179.3 million
EBITDA margin	49%
Profit after tax	US$ 113.2 million
Total dividend per share	US$ 0.14
Basic earnings per share	US$ 0.66