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: US92858D2009 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: 194 742 Vodacom shares of which 100% is subject to performance conditions Price at which shares were awarded: R152.4071 Value: R29 680 063.50 Date of award: 15 June 2018 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: 8 629 Vodacom shares of which 3451 shares are subject to performance conditions Price at which shares were awarded: R152.4071 Value: R1 315 120.87 Date of award: 15 June 2018 Vesting period: 3 years from award date Nature of transaction: Direct beneficial 1 Clearance: Yes Name of director of major subsidiary W Mzimba Major subsidiary: Vodacom (Pty) Limited Designation: Chief Officer: Vodacom Business Number of forfeitable shares awarded: 27 558 Vodacom shares of which 18 372 shares are subject to performance conditions Price at which shares were awarded: R152.4071 Value: R4 200 034.86 Date of award: 15 June 2018 Vesting period: 3 years from award date Nature of transaction: Direct beneficial Clearance: Yes Name of director of major subsidiary W Mzimba Major subsidiary: Vodacom (Pty) Limited Designation: Chief Officer: Vodacom Business Number of forfeitable shares awarded: 22 965 Vodacom shares none of which are subject to performance conditions Price at which shares were awarded: R152.4071 Value: R3 500 029.05 Date of award: 15 June 2018 Vesting period: 2 years from award date Nature of transaction: Direct beneficial Clearance: Yes 2 Name of director of major subsidiary ADJ Delport Major subsidiary: Vodacom (Pty) Limited Designation: Chief Technology Officer Number of forfeitable shares awarded: 22 396 Vodacom shares of which 14 930 shares are subject to performance conditions Average price at which shares were awarded: R152.4071 Value: R3 413 309.41 Date of award: 15 June 2018 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: 12 303 Vodacom shares of which 8 202 shares are subject to performance conditions Price at which shares were awarded: R152.4071 Value: R1 875 064.53 Date of award: 15 June 2018 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: 14 468 Vodacom shares of which 5 787 shares are subject to performance conditions Price at which shares were awarded: R152.4071 Value: R2 205 025.92 Date of award: 15 June 2018 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: 18 832 Vodacom shares of which 12 554 shares are subject to performance conditions Price at which shares were awarded: R152.4071 Value: R2 870 130.51 Date of award: 15 June 2018 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: 9 744 Vodacom shares of which 6 496 shares are subject to performance conditions Price at which shares were awarded: R152.4071 Value: R1 485 054.78 Date of award: 15 June 2018 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: 2 789 Vodacom shares of which none are subject to performance conditions Average price at which shares were awarded: R152.4071 Value: R425 063.40 Date of award: 15 June 2018 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. 5 Midrand 15 June 2018 Sponsor: UBS South Africa (Pty) Limited 6 Date: 15/06/2018 03:15:00 Produced by the JSE SENS Department. 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