TKG - Telkom - Announcement to Shareholders

TKG - Telkom - Announcement to Shareholders                                     
Telkom SA Limited                                                               
(Registration number: 1991/005476/06)                                           
(ISIN number: ZAE000044897)                                                     
JSE and NYSE share code: TKG                                                    
("Telkom" or "the Company")                                                     
Announcement to Shareholders                                                    
As was stated in the Company`s announcement on 28 November 2007, the            
Company continues to review its mobile strategy and is pursuing all             
options to enhance the Company`s strategic positioning and service              
delivery in the converging fixed-mobile telecommunications industry.            
Telkom`s shareholders are informed that while conducting the review,            
Telkom has received a non-binding expression of interest from Oger              
Telecom Limited ("Oger").                                                       
While Telkom is not presently in discussions with Oger, the Board of            
Telkom will consider the Oger approach along with other alternatives as         
part of the review.                                                             
Telkom will, in due course, communicate to its shareholders the outcome         
of the review.                                                                  
22 January 2008                                                                 
Pretoria                                                                        
Date: 22/01/2008 17:17:16 Supplied by www.sharenet.co.za                     
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