TKG - Telkom SA Limited - Telkom acquires Multi-links in Nigeria

TKG - Telkom SA Limited - Telkom acquires Multi-links in Nigeria                
Telkom SA Limited                                                               
(Registration Number 1991/005476/06)                                            
ISIN ZAE000044897                                                               
JSE and NYSE Share Code TKG                                                     
("Telkom")                                                                      
Telkom acquires Multi-links in Nigeria                                          
Telkom has acquired 75% of Multi-links Telecommunications Limited ("Multi-      
links") for USD280 million. Multi-links is a Nigerian Private Telecommunications
Operator with a Unified Access License providing fixed, mobile, data, long      
distance and international telecommunications services throughout Nigeria.      
Conditions Precedent remain to be fulfilled by both parties.                    
A further announcement will be made in due course.                              
Johannesburg                                                                    
22 March 2007                                                                   
Sponsor: UBS                                                                    
Date: 22/03/2007 11:50:52 Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department.