Allocation of forfeitable shares Vodacom Group Limited (Incorporated in the Republic of South Africa) (Registration number 1993/005461/06) (ISIN: ZAE000132577 Share code: VOD) (ISIN: 0592858D2009 ADR code: VDMCY) ("Vodacom Group" or “the company”) Allocation of forfeitable shares In accordance with paragraph 3.63 of the JSE Listings Requirements, shareholders are advised that the following executive director and company secretary of Vodacom Group and directors and company secretary of Vodacom (Pty) Limited were awarded shares in terms of the company’s forfeitable share plan, the salient details of which are set out below. Name of executive director: MS Aziz Joosub Designation: Chief Executive Officer Number of forfeitable shares awarded: 108 591 Vodacom shares of which 100% is subject to performance conditions Price at which shares were awarded: R165.7641 Value: R18 000 489.38 Date of award: 19 June 2017 Vesting period: 3 years from award date Nature of transaction: Direct beneficial Clearance: Yes Name of company secretary: SF Linford Designation: Group Company Secretary Number of forfeitable shares awarded: 6 119 Vodacom shares of which 2 448 shares are subject to performance conditions Price at which shares were awarded: R165.7641 Value: R1 014 310.53 Date of award: 19 June 2017 Vesting period: 3 years from award date Nature of transaction: Direct beneficial 1 Clearance: Yes Name of director of major subsidiary V Jarana Major subsidiary: Vodacom (Pty) Limited Designation: Chief Officer: Enterprise Business Unit Number of forfeitable shares awarded: 22 804 Vodacom shares of which 15 203 shares are subject to performance conditions Price at which shares were awarded: R165.7641 Value: R3 780 084.53 Date of award: 19 June 2017 Vesting period: 3 years from award date Nature of transaction: Direct beneficial Clearance: Yes Name of director of major subsidiary ADJ Delport Major subsidiary: Vodacom (Pty) Limited Designation: Chief Technology Officer Number of forfeitable shares awarded: 21 368 Vodacom shares of which 14 245 shares are subject to performance conditions Average price at which shares were awarded: R165.7641 Value: R3 542 047.29 Date of award: 19 June 2017 Vesting period: 3 years from award date Nature of transaction: Direct beneficial Clearance: Yes 2 Name of director of major subsidiary M Mbungela Major subsidiary: Vodacom (Pty) Limited Designation: Chief Officer: Human Resources Number of forfeitable shares awarded: 15 330 Vodacom shares of which 10 220 shares are subject to performance conditions Price at which shares were awarded: R165.7641 Value: R2 541 163.65 Date of award: 13 June 2013 Vesting period: 3 years from award date Nature of transaction: Direct beneficial Clearance: Yes Name of director of major subsidiary N Bhettay Major subsidiary: Vodacom (Pty) Limited Designation: Chief Officer: Strategy and business development Number of forfeitable shares awarded: 23 811 Vodacom shares of which 7 748 shares are subject to performance conditions Price at which shares were awarded: R165.7641 Value: R3 947 008.98 Date of award: 19 June 2017 Vesting period: 3 years from award date Nature of transaction: Direct beneficial Clearance: Yes 3 Name of director of major subsidiary S Mdlalose Major subsidiary: Vodacom (Pty) Limited Designation: Executive director: Finance Number of forfeitable shares awarded: 6 751 Vodacom shares of which 2 700 shares are subject to performance conditions Price at which shares were awarded: R165.7641 Value: R1 119 073.43 Date of award: 19 June 2017 Vesting period: 3 years from award date Nature of transaction: Direct beneficial Clearance: Yes Name of director of major subsidiary N Mabunda Major subsidiary: Vodacom (Pty) Limited Designation: Chief Officer: Consumer Business Unit Number of forfeitable shares awarded: 38 599 Vodacom shares of which 25 733 shares are subject to performance conditions Price at which shares were awarded: R165.7641 Value: R6 398 328.50 Date of award: 17 June 2017 Vesting period: 3 years from award date Nature of transaction: Direct beneficial Clearance: Yes 4 Name of director of major subsidiary T Netshitenzhe Major subsidiary: Vodacom (Pty) Limited Designation: Chief Officer: Corporate Affairs Number of forfeitable shares awarded: 9 291 Vodacom shares of which 6 194 shares are subject to performance conditions Price at which shares were awarded: R165.7641 Value: R1 540 114.25 Date of award: 19 June 2017 Vesting period: 3 years from award date Nature of transaction: Direct beneficial Clearance: Yes Name of company secretary of major subsidiary: A Dhanasir Major subsidiary: Vodacom (Pty) Limited Designation: VSA Company Secretary Number of forfeitable shares awarded: 2 413 Vodacom shares of which none are subject to performance conditions Average price at which shares were awarded: R165.7641 Value: R399 988.77 Date of award: 19 June 2017 Vesting period: 3 years from award date Nature of transaction: Direct beneficial Clearance: Yes All shares acquired for purposes of the above awards were acquired on market. Midrand 20 June 2017 Sponsor: UBS South Africa (Pty) Limited 5 Date: 20/06/2017 03:30:00 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.