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 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: 274 450 Vodacom shares of which 100% is subject to performance conditions Price at which shares were awarded: R117.3259 Value: R32 200 093.25 Date of award: 14 June 2019 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: 21 491 Vodacom shares of which 4 505 shares are subject to performance conditions Price at which shares were awarded: R117.3259 Value: R2 521 450.92 Date of award: 14 June 2019 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: 3 379 Vodacom shares none of which are subject to performance conditions Price at which shares were awarded: R117.3259 Value: R396 444.21 Date of award: 14 June 2019 Vesting period: 2 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: 35 799 Vodacom shares of which 23 866 shares are subject to performance conditions Price at which shares were awarded: R117.3259 Value: R4 200 149.89 Date of award: 14 June 2019 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: 12 785 Vodacom shares none of which are subject to performance conditions Price at which shares were awarded: R117.3259 Value: R1 500 011.63 Date of award: 14 June 2019 Vesting period: 2 years from award date Nature of transaction: Direct beneficial Clearance: Yes Name of director of major subsidiary B Ngwenya Major subsidiary: Vodacom (Pty) Limited Designation: Managing Executive: VSA Network Officer Number of forfeitable shares awarded: 20 882 Vodacom shares of which 8 353 shares are subject to performance conditions Average price at which shares were awarded: R117.3259 Value: R2 449 999.44 Date of award: 14 June 2019 Vesting period: 3 years from award date Nature of transaction: Direct beneficial Clearance: Yes Name of director of major subsidiary B Ngwenya Major subsidiary: Vodacom (Pty) Limited Designation: Managing Executive: VSA Network Officer Number of forfeitable shares awarded: 4 641 Vodacom shares of which none are subject to performance conditions Average price at which shares were awarded: R117.3259 Value: R544 509.50 Date of award: 14 June 2019 Vesting period: 2 years from award date Nature of transaction: Direct beneficial Clearance: Yes Name of director of major subsidiary S Mdlalose Major subsidiary: Vodacom (Pty) Limited Designation: Executive director: Finance Number of forfeitable shares awarded: 27 721 Vodacom shares of which 7 679 shares are subject to performance conditions Price at which shares were awarded: R117.3259 Value: R3 252 391.27 Date of award: 14 June 2019 Vesting period: 3 years from award date Nature of transaction: Direct beneficial Clearance: Yes Name of director of major subsidiary S Mdlalose Major subsidiary: Vodacom (Pty) Limited Designation: Executive director: Finance Number of forfeitable shares awarded: 4 430 Vodacom shares of which none are subject to performance conditions Price at which shares were awarded: R117.3259 Value: R519 753.73 Date of award: 14 June 2019 Vesting period: 2 years from award date Nature of transaction: Direct beneficial Clearance: Yes Name of director of major subsidiary JJ Mendes Major subsidiary: Vodacom (Pty) Limited Designation: Chief Officer: Consumer Business Unit Number of forfeitable shares awarded: 51 738 Vodacom shares of which 20 286 shares are subject to performance conditions Price at which shares were awarded: R117.3259 Value: R6 070 207.41 Date of award: 14 June 2019 Vesting period: 3 years from award date Nature of transaction: Direct beneficial Clearance: Yes Name of director of major subsidiary JJ Mendes Major subsidiary: Vodacom (Pty) Limited Designation: Chief Officer: Consumer Business Unit Number of forfeitable shares awarded: 10 655 Vodacom shares of which none are subject to performance conditions Price at which shares were awarded: R117.3259 Value: R1 250 107.46 Date of award: 14 June 2019 Vesting period: 2 years from award date Nature of transaction: Direct beneficial Clearance: Yes Name of director of major subsidiary T Netshitenzhe Major subsidiary: Vodacom (Pty) Limited Designation: Chief Officer: Corporate Affairs Number of forfeitable shares awarded: 12 956 Vodacom shares of which 8 637 shares are subject to performance conditions Price at which shares were awarded: R117.3259 Value: R1 520 074.36 Date of award: 14 June 2019 Vesting period: 3 years from award date Nature of transaction: Direct beneficial Clearance: Yes Name of director of major subsidiary T Netshitenzhe Major subsidiary: Vodacom (Pty) Limited Designation: Chief Officer: Corporate Affairs Number of forfeitable shares awarded: 6 819 Vodacom shares of which none are subject to performance conditions Price at which shares were awarded: R117.3259 Value: R800 045.31 Date of award: 14 June 2019 Vesting period: 2 years from award date Nature of transaction: Direct beneficial Clearance: Yes Name of director of major subsidiary M Cassim Major subsidiary: Vodacom (Pty) Limited Designation: Chief Officer: Financial Services Number of forfeitable shares awarded: 22 161 Vodacom shares of which 14 774 shares are subject to performance conditions Average price at which shares were awarded: R117.3259 Value: R2 600 059.27 Date of award: 14 June 2019 Vesting period: 3 years from award date Nature of transaction: Direct beneficial Clearance: Yes Name of director of major subsidiary M Cassim Major subsidiary: Vodacom (Pty) Limited Designation: Chief Officer: Financial Services Number of forfeitable shares awarded: 8 524 Vodacom shares of which none are subject to performance conditions Average price at which shares were awarded: R117.3259 Value: R1 000 085.97 Date of award: 14 June 2019 Vesting period: 2 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 14 June 2019 Sponsor: UBS South Africa (Pty) Limited Date: 14/06/2019 03:00:00 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.