TKG - Telkom SA Limited - Restructuring, media reports and allegations

TKG - Telkom SA Limited - Restructuring, media reports and allegations          
Telkom SA Limited                                                               
(Registration Number 1991/005476/06)                                            
ISIN:      ZAE000044897                                                         
JSE and NYSE Share Code: TKG                                                    
("Telkom")                                                                      
Restructuring, Media Reports and Allegations                                    
With reference to media reports, shareholders are notified that the Board of    
Directors is fully committed to good governance of the Company.  Any allegation 
against the Company or any employee or officer of the company is subject to the 
application of the Company`s policies and procedures governing such matters,    
with full commitment to the principles of accountability and good governance at 
all times.                                                                      
The CEO and Executive Committee are fully mandated to conduct the organisational
restructuring process as part of the Company`s strategy to improve customer     
service, revenue growth and cost efficiencies, while recognising the changing   
economic environment and the interests of all stakeholders.                     
Johannesburg                                                                    
13 February 2009                                                                
Sponsor: UBS South Africa (Pty) Ltd                                             
Date: 13/02/2009 17:17:08 Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department.                  
The SENS service is an information dissemination service administered by the    
JSE Limited (`JSE`). The JSE does not, whether expressly, tacitly or            
implicitly, represent, warrant or in any way guarantee the truth, accuracy or   
completeness of the information published on SENS. The JSE, their officers,     
employees and agents accept no liability for (or in respect of) any direct,     
indirect, incidental or consequential loss or damage of any kind or nature,     
howsoever arising, from the use of SENS or the use of, or reliance on,          
information disseminated through SENS.