TELKOM SA SOC LIMITED - Further cautionary announcement relating to negotiations with MTN South Africa

Further cautionary announcement relating to negotiations with MTN South Africa

Telkom SA SOC Limited
(Registration number 1991/005476/30)
JSE share code: TKG
ISIN: ZAE000044897
(“Telkom”)

FURTHER CAUTIONARY ANNOUNCEMENT RELATING TO NEGOTIATIONS WITH MTN SOUTH AFRICA

Shareholders   are   referred  to   the   various  cautionary
announcements published on the Stock Exchange News Service of
the JSE Limited, the last of which was released on 25 June
2015.

Shareholders are advised that Telkom and MTN South Africa
remain in discussions regarding the potential extension of
their existing roaming agreement to include bilateral roaming
and outsourcing of the operation of Telkom’s radio access
network, which if successfully concluded may have a material
effect on the price of Telkom’s securities. The parties will
update shareholders as soon as they receive the appropriate
legal and regulatory approvals.

Accordingly, shareholders are advised to continue exercising
caution when dealing in Telkom securities until a further
announcement in this regard is made.

Centurion
5 August 2015

Sponsor
The Standard Bank of South Africa Limited

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