Results of Annual General Meeting Telkom SA SOC Limited (Registration number 1991/005476/30) JSE share code: TKG ISIN: ZAE000044897 (“Telkom” or the “Company”) RESULTS OF TELKOM SA SOC LIMITED ANNUAL GENERAL MEETING At the Annual General Meeting (“AGM”) of Telkom shareholders (“Shareholders”) held on 27 August 2014, all the ordinary and special resolutions proposed in the Notice of AGM dated 28 July 2014, were passed by the requisite majority of shareholders, except for ordinary resolution 2 which was withdrawn (re-election of Mr. L Maasdorp as a director of Telkom). The resolutions were passed in the following voting percentages: ORDINARY RESOLUTIONS Proposed Description of resolution Percentage of votes (%) Ordinary Resolution No: 1 Election of Ms K Mzondeki as a director 100 2 Election of Mr L Maasdorp as a director (withdrawn) (Mr Maasdorp, although eligible for re-election, indicated that he was not available) 3 Election of Mr N Kapila as a director 99.55 4 Election of Mr I Kgaboesele as a director 100 5 Election of Mr I Kgaboesele as a member of the 100 Audit Committee 6 Election of Ms K Mzondeki as member of the 100 Audit Committee 7 Election of Ms F Petersen as member of the Audit 100 Committee 8 Election of Mr L Von Zeuner as member of the 100 Audit Committee 9 Re-appointment of Auditors 100 10 General Authority to Directors to Allot and Issue 94.13 Ordinary Shares 11 Endorsement of Remuneration Policy Resolution 83.35 SPECIAL RESOLUTIONS Proposed Description of resolution Percentage of votes Special (%) Resolution No: 1 Repurchase of Shares 97.13 2 Authority to Directors to Issue Equity Securities for 94.45 Cash 3 Determination and Approval of the Remuneration of 99.55 Non-Executive Directors 4 Financial Assistance to Subsidiaries and Other 82.66 Related Entities and Inter-related Entities and to Directors and Prescribed Officers and Other Persons who may participate in the Telkom SA SOC Limited Employee Forfeitable Share Plan (“Employee FSP”) 5 Amendment of provisions in Forfeitable Share Plan: 99.55 Scheme allocation 6 Amendment of the Memorandum of Incorporation– 100 Substitution of Clause 21.29 7 Amendment of the Memorandum of Incorporation– 85.20 Substitution of Clause 24 8 Amendment of the Memorandum of Incorporation– 100 Insertion of Clause 35.5 9 Amendment of the Memorandum of Incorporation– 100 Substitution of Clause 37.8 Special resolutions number 6, 7, 8 and 9 relating to the amendment of the Company’s Memorandum of Incorporation together with copies of the extracts of the special resolutions amending the Memorandum of Incorporation will be submitted to the Companies and Intellectual Property Commission for filing. Pretoria 27 August 2014 Sponsor The Standard Bank of South Africa Limited Date: 27/08/2014 03:52:00 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.