Trading Statement - 6 Months Ended 30 September 2012
Telkom SA Limited
(Registration Number 1991/005476/06)
ISIN ZAE000044897
JSE Share Code TKG
Trading statement
In terms of paragraph 3.4(b) of the JSE Listings Requirements, companies are required to publish a
trading statement as soon as they become reasonably certain that the financial results for the period
to be reported on next will differ by at least 20% from those of the previous corresponding period.
Shareholders are advised that basic earnings per share from continuing operations for the six
months ending 30 September 2012 is expected to be at least 45% lower than the comparative period
in the prior year. Headline earnings per share from continuing operations for the six months ending
30 September 2012 are expected to be at least 65% lower than the comparative period in the prior
year. The lower earnings are mainly attributable to an increase in the provision for Competition
Commission fines relating to transgressions of the company dating back approximately 10 years. The
operational performance for the period up to 31 August 2012 has been further characterised by flat
revenue and operating cost that escalated just below inflation.
Telkom will provide an updated trading statement once there is reasonable certainty within a 20%
range of the results when compared to the previous comparable period.
Release of interim results
Telkom plans to release its results for the six months ended 30 September 2012 on or about
Monday, 19 November 2012.
This trading statement has neither been reviewed nor reported on by the company’s external
auditors.
20 September 2012
Sponsor: UBS South Africa (Pty) Ltd
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