TELKOM SA SOC LIMITED - Governments intention to dispose of Telkom shares

Government’s intention to dispose of Telkom shares

Telkom SA SOC Limited
(Incorporated in the Republic of South Africa)
(Registration number 1991/005476/30)
JSE share code: TKG
ISIN: ZAE000044897
(“Telkom”)


Government’s intention to dispose of Telkom shares


Telkom refers shareholders to the Minister of Finance’s comments in his Medium Term Budget Policy
Statement with regard to the sale of the Government of the Republic of South Africa’s approximate 39%
shareholding in Telkom as stated below:

"To ensure the expenditure ceiling is not breached, we have decided to dispose of a portion of government’s
Telkom shares.”

Telkom is not aware of any further details and will advise shareholders once further details become available.


Centurion
25 October 2017

Sponsor
The Standard Bank of South Africa Limited

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