TELKOM SA SOC LIMITED - Results of Annual General Meeting

Results of Annual General Meeting

Telkom SA SOC Limited
(Registration number 1991/005476/30)
JSE share code: TKG
ISIN: ZAE000044897
(“Telkom” or the “Company”)

RESULTS OF TELKOM SA SOC LIMITED ANNUAL GENERAL MEETING

At the Annual General Meeting (“AGM”) of Telkom shareholders (“Shareholders”) held on 27
August 2014, all the ordinary and special resolutions proposed in the Notice of AGM dated 28
July 2014, were passed by the requisite majority of shareholders, except for ordinary resolution
2 which was withdrawn (re-election of Mr. L Maasdorp as a director of Telkom).

The resolutions were passed in the following voting percentages:

ORDINARY RESOLUTIONS

 Proposed         Description of resolution                            Percentage of votes (%)
 Ordinary
 Resolution No:

 1                Election of Ms K Mzondeki as a director                                   100

 2                Election of Mr L Maasdorp as a director                           (withdrawn)
                  (Mr Maasdorp, although eligible for re-election,
                  indicated that he was not available)

 3                Election of Mr N Kapila as a director                                   99.55

 4                Election of Mr I Kgaboesele as a director                                 100

 5                Election of Mr I Kgaboesele as a member of the                            100
                  Audit Committee

 6                Election of Ms K Mzondeki as member of the                                100
                  Audit Committee

 7                Election of Ms F Petersen as member of the Audit                          100
                  Committee

 8                Election of Mr L Von Zeuner as member of the                              100
                  Audit Committee

 9                Re-appointment of Auditors                                                100

 10               General Authority to Directors to Allot and Issue                       94.13
                  Ordinary Shares

 11               Endorsement of Remuneration Policy Resolution                           83.35


SPECIAL RESOLUTIONS


 Proposed         Description of resolution                               Percentage of votes
 Special                                                                                  (%)
 Resolution No:

 1                Repurchase of Shares                                                 97.13

 2                Authority to Directors to Issue Equity Securities for                94.45
                  Cash

 3                Determination and Approval of the Remuneration of                    99.55
                  Non-Executive Directors

 4                Financial Assistance to Subsidiaries and Other                       82.66
                  Related Entities and Inter-related
                  Entities and to Directors and Prescribed Officers and
                  Other Persons who may
                  participate in the Telkom SA SOC Limited Employee
                  Forfeitable Share Plan (“Employee FSP”)

 5                Amendment of provisions in Forfeitable Share Plan:                   99.55
                  Scheme allocation

 6                Amendment of the Memorandum of Incorporation–                          100
                  Substitution of Clause 21.29

 7                Amendment of the Memorandum of Incorporation–                        85.20
                  Substitution of Clause 24
 8                Amendment of the Memorandum of Incorporation–                          100
                  Insertion of Clause 35.5

 9                Amendment of the Memorandum of Incorporation–                          100
                  Substitution of Clause 37.8


Special resolutions number 6, 7, 8 and 9 relating to the amendment of the Company’s
Memorandum of Incorporation together with copies of the extracts of the special resolutions
amending the Memorandum of Incorporation will be submitted to the Companies and Intellectual
Property Commission for filing.

Pretoria
27 August 2014



Sponsor
The Standard Bank of South Africa Limited

Date: 27/08/2014 03:52:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.