1. Virgin Mobile SA’s 2 nd Birthday Progress Review & A Perspective On The Market 24 th June 2008

2. Dec 06 New CEO 24 Jun 06 Launch Jun 08 500 000 Activations Jun 07 ASA Ruling Jan 2008 Soweto Business Plan Competition Nov 06 MNP June 07 Over 100 000 Activations Nov 07 Unlimited SMS Feb 2008 Unlimited SMS Mr Wessels / Illegal Lottery May 07 Truth Will Set You Free May 08 50c Concert May 07 4 Simple Packages A Busy Two Years…

3. Gross Adds Cumulative Gross Adds (‘000) The launch business model assumed <350k cumulative gross adds by end of 2008

4. Points Of Distribution Points of Dist. (Access Packs)

5. ARPU Source: Mobile World 2007 average; VMSA

9. Virgin Mobile: The ‘Virtual’ Model Network Most of the rest

10. The Mobile Virtual Network Operator (MVNO) Source: Accenture / Pyramid Research How Deep Does The Brand Want To Go?

11. VMSA – The Only MVNO On The Continent Source: Politechnico de Milano / Virgin Management Limited Europe/Scandic/Russia 185 Americas 42 Rest of World 18 Africa 1