TELKOM SA SOC LIMITED - Further Cautionary Announcement

Further Cautionary Announcement

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

FURTHER CAUTIONARY ANNOUNCEMENT

Shareholders are referred to the cautionary announcement
released on SENS on 28 September 2015, and are advised that
Telkom is in discussions regarding a potential transaction to
acquire all of the shares of Cell C (Pty) Ltd (“Cell C”). Such
transaction, if successfully concluded, may have a material
effect on the price of Telkom’s securities.

Telkom is currently performing due diligence on Cell C.

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

Shareholders should also specifically exercise caution when
reacting to information on this matter which has not been
released by Telkom.

Centurion
09 November 2015

Sponsor
The Standard Bank of South Africa Limited

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