Dealings in securities by the Telkom SA SOC Limited Forfeitable Share Plan Telkom SA SOC Limited Registration number (1991/005476/30) JSE Share Code: TKG JSE Bond Code: BITEL ISIN: ZAE000044897 ("Telkom" or “the Group”) DEALING IN SECURITIES BY THE TELKOM SA SOC LIMITED FORFEITABLE SHARE PLAN In compliance with paragraphs 3.63 to 3.66 of the JSE Listings Requirements, Telkom advises that it has been informed of the following dealings in its shares: Purchaser: Telkom SA SOC Limited Forfeitable Share Plan (“the Plan”) (through Rossal No 65 (Pty) Ltd) Company: Telkom Class of securities: Ordinary shares Nature of transaction: Purchase of shares (on market) Details of transaction: Purchase of shares in terms of the Plan to satisfy the obligations of the Plan Date of transaction: 29 June 2020 Number of securities: 20 000 Average price per security: R28.6882 Highest price per security: R29.88 Lowest price per security: R27.59 Value of transaction: R573 764.00 Date of transaction: 30 June 2020 Number of securities: 66 000 Average price per security: R29.4745 Highest price per security: R31.00 Lowest price per security: R29.16 Value of transaction: R1 945 317.00 Date of transaction: 1 July 2020 Number of securities: 75 000 Average price per security: R30.4922 Highest price per security: R32.30 Lowest price per security: R28.87 Value of transaction: R 2 286 915.00 Date of transaction: 2 July 2020 Number of securities: 581 000 Average price per security: R34.5933 Highest price per security: R35.02 Lowest price per security: R31.46 Value of transaction: R20 098 707.30 Clearance to deal: Yes Date of transaction: 3 July 2020 Number of securities: 2 637 737 Average price per security: R35.06801 Highest price per security: R35.42 Lowest price per security: R34.01 Value of transaction: R92 500 188.06 Clearance to deal: Yes Centurion 3 July 2020 Sponsor Nedbank Corporate and Investment Banking Date: 03-07-2020 05:40:00 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.