VODACOM GROUP LIMITED - Share dealings CEO co-investment

Share dealings – CEO co-investment

Vodacom Group Limited

(Incorporated in the Republic of South Africa)

(Registration number 1993/005461/06)

Share code VOD           ISIN ZAE000132577

(Vodacom” or “the company”)

Share dealings – CEO co-investment

In accordance with paragraph 3.63 of the JSE Listings Requirements, shareholders are advised
that Mr Aziz Joosub has met his co-investment requirements in respect of his terms and
conditions of employment with Vodacom. In terms of the co-investment rules, Vodacom has
allocated the following forfeitable shares to Mr Aziz Joosub, the details of which are more fully
described below. It is noted that in 2016, Mr Aziz Joosub had met his co-investment
requirement for that year, but Vodacom had entered into discussions with Vodafone in regard to
the proposed Safaricom transaction more fully reported to shareholders in the SENS
announcement published on Monday 15 May 2017. While these discussions were ongoing,
Vodacom effectively entered into a prohibited period for certain executives who could not trade
in Vodacom shares. Due to the delay caused by this prohibited period, the vesting period for
the 2016 matching award for Mr Aziz Joosub has been reduced to two years.

Name of director:                                   MS Aziz Joosub

Designation:                                        Chief Executive Officer

Number of forfeitable shares acquired:              87 126 (100% subject to performance

                                                    conditions)

Price at which shares were acquired:                R165.7641 per share

Value:                                              R14 442 362.98

Date:                                               19 June 2017

Vesting period:                                     2 years from award date

Nature of transaction:                              Direct beneficial interest

Clearance:                                          Yes

On market transaction:                              Yes



Name of director:                                   MS Aziz Joosub

Designation:                                        Chief Executive Officer

Number of forfeitable shares acquired:              75 410 (100% subject to performance

                                                    conditions)
Price at which shares were acquired:      R165.7641 per share

Value:                                    R12 500 270.78

Date:                                     19 June 2017

Vesting period:                           3 years from award date

Nature of transaction:                    Direct beneficial interest

Clearance:                                Yes



Midrand

Sponsor: UBS South Africa (Pty) Limited

20 June 2017

Date: 20/06/2017 05:05:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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