TKG - Telkom SA Limited - Update on Group Chief Executive Officer

TKG - Telkom SA Limited - Update on Group Chief Executive Officer               
Telkom SA Limited                                                               
Registration Number 1991/005476/06)                                             
ISIN ZAE000044897                                                               
JSE Share Code TKG                                                              
("Telkom")                                                                      
Update on Group Chief Executive Officer                                         
Telkom announced on 1 June 2010 that Reuben September will retire as Group Chief
Executive Officer ("GCEO") and resign his directorship at the expiry of his     
contract.                                                                       
Having regard to the uncertainty which prevails during such transition periods, 
Reuben September has agreed with the Telkom Board to step down as GCEO and      
resign as a director from 7 July 2010. He will assume a consulting role until 1 
November 2010.                                                                  
The Telkom Board has commenced a process to appoint a new GCEO. In the interim  
Mr Jeffrey Hedberg has been appointed as Acting GCEO.                           
The Telkom Board believes that these arrangements provide leadership, continuity
and stability at an important time given a number of key strategic and          
operational deliverables.                                                       
A successor to Mr September will be announced in due course.                    
09 July 2010                                                                    
Sponsor: UBS South Africa (Pty) Ltd                                             
Date: 09/07/2010 12:00:01 Supplied by www.sharenet.co.za                     
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