TKG - Telkom SA Limited - Updated trading statement for the year ended 31

TKG - Telkom SA Limited - Updated trading statement for the year ended 31       
March 2012                                                                      
Telkom SA Limited                                                               
(Registration Number 1991/005476/06)                                            
ISIN ZAE000044897                                                               
JSE Share Code TKG                                                              
("Telkom")                                                                      
Updated trading statement for the year ended 31 March 2012                      
Shareholders are referred to the trading statement released on 30 March 2012    
wherein we announced that we expect basic and headline earnings per share       
from continuing operations for the year ended 31 March 2012 to be at least      
90% and 25% lower than the previous year, respectively.                         
In accordance with section 3.4 (b) of the JSE Listings requirements, Telkom     
hereby advises shareholders that basic earnings per share from continuing       
operations for the year ended 31 March 2012 are expected to be between 95%      
and 100% lower than the comparative period.                                     
Headline earnings per share from continuing operations are expected to be       
between 30% and 35% lower than that of the prior year.                          
It should be noted that Telkom`s results for the year ended 31 March 2011       
will be restated to reflect the entire investment in the Multi-Links            
business as a discontinued operation. The restated basic earnings per share     
from continuing operations for the year ended 31 March 2011 is 481.2 cents      
per share and the restated headline earnings per share from continuing          
operations is 484.8 cents per share.                                            
Telkom`s results for the year ended 31 March 2012 will be released on or        
about 8 June 2012.                                                              
This trading statement has neither been reviewed nor reported on by the         
company`s external auditors.                                                    
Johannesburg                                                                    
04 June 2012                                                                    
Sponsor: UBS South Africa (Pty) Ltd                                             
Date: 04/06/2012 15:45:24 Supplied by www.sharenet.co.za                     
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