TELKOM SA LIMITED - Ratings Announcement

Ratings Announcement

Telkom SA Limited – Ratings announcement

Dated: 5 December 2012
Rating Agency: Standard & Poor's Ratings Services (“S&P”)

In accordance with paragraph 4.25 of the JSE Debt Listings
Requirements, noteholders are advised that S&P has lowered its
long-term corporate credit rating on Telkom S A Limited to
'BBB-' from 'BBB'. The outlook is stable.


For further information contact:

Lizette Lamb (Telkom SA Limited)
Tel: +27 12 311 5351               Email: LambL@telkom.co.za

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