Telkom SA Limited - Vodacom press release

Telkom SA Limited - Vodacom press release                                       
Telkom SA Limited                                                               
(Registration Number 1991/005476/06)                                            
ISIN ZAE000044897                                                               
JSE and NYSE Share Code TKG                                                     
("Telkom")                                                                      
Vodacom press release                                                           
Vodacom Group (Proprietary) Limited ("Vodacom") in which Telkom has a 50.0%     
holding, today issued the following statement:                                  
"Vodacom and Vee Networks (previously EWN) today mutually agreed to terminate   
their current Management Agreement on an amicable basis.                        
To ensure a smooth transition Vodacom will continue to provide technical support
to Vee Networks for a period of up to 6 months.                                 
Willem Swart has decided to resign from his position at Vodacom in order to     
pursue a career as the Chief Executive Officer of Vee Networks.                 
Following this decision Vodacom has realigned its top management structure.  The
employment contract of its Deputy CEO, Andrew Mthembu was terminated.           
Vodacom Group Strategy Director, Robert Pasley has resigned from Vodacom        
effective 31 May 2004."                                                         
Johannesburg                                                                    
31 May 2004                                                                     
Date: 31/05/2004 05:34:27 PM Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department