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TELKOM SA SOC LIMITED - Suspension of Chief Financial Officer

Release Date: 24/10/2013 11:05
Code(s): TKG     PDF:  
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Suspension of Chief Financial Officer

Telkom SA SOC LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 1991/0054776/30)
JSE CODE: TKG
ISIN CODE: ZAE000044897
(“Telkom” or “the Group”)

SUSPENSION OF CHIEF FINANCIAL OFFICER

Shareholders are advised that Mr. Jacques Schindehütte, the Chief Financial Officer of Telkom has
been suspended by the Board of Directors of Telkom (“the Board”) effective 24 October 2013,
pending a disciplinary process. The suspension follows the findings of an investigation
commissioned by the Board after certain allegations were made against Mr. Schindehütte.

The Board has a duty to investigate and to test the validity of allegations which are brought to its
attention through an appropriate process, and will do this fairly, without favour or prejudice.

Mr Deon Fredericks will be acting as Chief Financial Officer of Telkom effective 24 October 2013 and
will fulfil this role until such time as the disciplinary process against Mr. Schindehütte is concluded.


Pretoria
24 October 2013

Sponsor
The Standard Bank of South Africa Limited

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