Results of annual general meeting Telkom SA SOC Limited (Incorporated in the Republic of South Africa) (Registration number 1991/005476/30) JSE Share Code: TKG JSE Bond Code: BITEL ISIN: ZAE000044897 (“Telkom” or the “Company”) RESULTS OF ANNUAL GENERAL MEETING Shareholders are advised that the voting results for the annual general meeting (“AGM”) of Telkom held at BCX, Multi- Purpose Room, 1021 Lenchen Avenue North, Centurion, 0157 on Tuesday, 27 August 2019 were as follows: Resolution Number of Percentage of For** Against** Abstained ordinary ordinary shares (%) (%) *** (%) shares voted in issue* (%) Ordinary Resolution Number 1.1: 443 261 773 86.72 99.82 0.18 0.04 Election of Keith A Rayner as a director Ordinary Resolution Number 1.2: 443 218 153 86.71 99.82 0.18 0.04 Election of Sibusiso P Sibisi as a director Ordinary Resolution Number 2.1: 443 274 850 86.72 92.53 7.47 0.04 Re-election of Santie L Botha as a director Ordinary Resolution Number 2.2: 443 232 784 86.71 99.82 0.18 0.04 Re-election of Khanyisile T Kweyama as a director Ordinary Resolution Number 2.3: 443 229 014 86.71 99.82 0.18 0.04 Re-election of Kholeka W Mzondeki as a director Ordinary Resolution Number 2.4: 443 274 683 86.72 99.80 0.20 0.04 Re-election of Fagmeedah Petersen-Cook as a director Ordinary Resolution Number 3.1: 443 273 883 86.72 99.94 0.06 0.04 Election of Sibusiso PC Luthuli as a member of the audit committee Ordinary Resolution Number 3.2: 443 273 543 86.72 99.92 0.08 0.04 Election of Kholeka W Mzondeki as a member of the audit committee, subject to her re-election as a director pursuant to resolution number 2.3 Ordinary Resolution Number 3.3: 440 060 544 86.09 100 0.00 0.66 Election of Keith A Rayner as a member of the audit committee, subject to his election as a director pursuant to resolution number 1.1 Ordinary Resolution Number 3.4: 443 274 050 86.72 99.94 0.06 0.04 Election of Rex G Tomlinson as a member of the audit committee Ordinary Resolution Number 3.5: 443 274 850 86.72 99.76 0.24 0.04 Election of Louis L Von Zeuner as a member of the audit committee Ordinary Resolution Number 4.1: 422 548 749 82.67 95.46 4.54 4.09 Re-appointment of PricewaterhouseCoopers as joint auditors of the company Ordinary Resolution Number 4.2: 422 543 956 82.67 95.54 4.46 4.09 Re-appointment of SizweNtsalubaGobodo Grant Thornton as joint auditors of the company Ordinary Resolution Number 5: 443 266 657 86.72 99.72 0.28 0.04 General authority for directors to allot and issue and/or grant options over ordinary shares Ordinary Resolution Number 6.1: 443 273 272 86.72 97.19 2.81 0.04 Approval of the remuneration policy Ordinary Resolution Number 6.2: 443 273 706 86.72 98.81 1.19 0.04 Approval of the implementation report Special Resolution Number 1: 443 083 029 86.69 98.94 1.06 0.07 General authority to repurchase shares Special Resolution Number 2: 443 281 774 86.72 99.65 0.35 0.03 General authority for directors to issue shares for cash Special Resolution Number 3: 443 253 223 86.72 99.54 0.46 0.04 Remuneration of non-executive directors Special Resolution Number 4: 443 274 706 86.72 99.79 0.21 0.04 General authority to provide financial assistance * Based on 511 140 239 shares in issue at the date of the AGM. ** In relation to the total number of shares voted at the AGM. *** In relation to the total number of shares in issue at the date of the AGM. Based on the above voting results, all resolutions were passed by the requisite majority of Telkom shareholders present in person or represented by proxy at the AGM. 27 August 2019 Sponsor Nedbank Corporate and Investment Banking Page | 2 Date: 27/08/2019 02:01:00 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.