Telkom SA Limited - ICASA Approves lower Telkom to Vodacom call charge for 2004

Telkom SA Limited - ICASA Approves lower Telkom to Vodacom call charge for 2004 
Telkom SA Limited                                                               
(Registration Number 1991/005476/06)                                            
ISIN ZAE000044897                                                               
JSE and NYSE Share Code TKG                                                     
("Telkom" or "the Company")                                                     
The Independent Communications Authority of South Africa (ICASA) has approved   
lower call charges for calls from Telkom"s network to Vodacom subscribers for   
next year.                                                                      
This follows a supplementary rate filing by Telkom after negotiations with      
Vodacom to keep fixed to mobile call charges to Vodacom at the same level as    
those levied for calls to the other mobile operators.                           
From 1 January 2004, Telkom to Vodacom call charges will be as follows:         
           Current                 From 1 January 2004                          
           Peak Time   Off-peak    Peak Time   Off-peak                         
Time                    time                             

First      R1.82       R1.11       R1.84       R1.13                            
minute                                                                          
Every 30   91 c        55.5c       92 c        56.4c                            
seconds                                                                         
thereafter                                                                      
15 December 2003                                                                
Johannesburg                                                                    
Special note regarding forward-looking statements                               
All statements contained herein, as well as oral statements that may be made by 
us or by officers, directors or employees acting on behalf of the Telkom Group, 
that are not statements of historical fact constitute "forward-looking          
statements" within the meaning of the US Private Securities Litigation Reform   
Act of 1995, specifically Section 21E of the U.S. Securities Exchange Act of    
1934, as amended. Such forward-looking statements involve known and unknown     
risks, uncertainties and other factors that could cause our actual results to be
materially different from historical results or from any future results         
expressed or implied by such forward-looking statements. Among the factors that 
could cause our actual results or outcomes to differ materially from our        
expectations are those risks identified under the caption "Risk Factors"        
contained in item 3 of Telkom"s most recent annual report on Form 20-F filed    
with the U.S. Securities Exchange Commission (SEC) and our other filings with   
the SEC, available on Telkom"s website at www.telkom.co.za/ir, including, but   
not limited to, increased competition in the South African fixed-line and mobile
communications markets; developments in the regulatory environment; Telkom"s    
ability to reduce expenditure, customer non-payments, theft and bad debt, the   
outcome of arbitration or litigation proceedings with Telcordia Technologies    
Incorporated and others; general economic, political, social and legal          
conditions in South Africa and in other countries where Vodacom invests;        
fluctuations in the value of the Rand and inflation rates, our ability to retain
key personnel; and other matters not yet known to us or not currently considered
material by us. You should not place undue reliance on these forward-looking    
statements. All written and oral forward-looking statements, attributable to us,
or persons acting on our behalf, are qualified in their entirety by these       
cautionary statements. Moreover, unless we are required by law to update these  
statements, we will not necessarily update any of these statements after the    
date hereof either to conform them to actual results or to changes in our       
expectations.                                                                   
Date: 15/12/2003 05:15:04 PM Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department