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26 March 2009

Appointment of new managing director for TELKOM SA

Reuben September, Chief Executive Officer of the Telkom Group, today announced the appointment of Ms Nombulelo "Pinky" Moholi (49) as the new Managing Director of the Telkom SA business unit.

Moholi is an experienced telecoms executive who, after a formative career as an engineer at GEC and Siemens, joined Telkom in 1994. She spent eleven years at Telkom during which she was promoted to several senior positions, including Group Executive: Regulatory Affairs, Managing Executive: International and Wholesale Business, culminating in her last role as Chief Sales and Marketing Officer and a member of the Telkom Executive Committee (Exco).

Moholi left Telkom in 2005 to join the Nedbank Group, where she has served as the Chief Strategy and Corporate Affairs Officer, and a member of their Executive Committee for just over three years.

After obtaining her Electrical Engineering degree from the University of Cape Town in 1984, Moholi completed Executive Management Programmes at Stanford and Harvard Universities. She has also represented Telkom on the Board of Governors of Intelsat and the International Telecommunications Union and has served as a non-executive director on a number of private and publicly listed companies.

"I am delighted that Pinky has decided to rejoin Telkom, a place she knows well and where she made her mark as a key member of the executive team. I am confident that she will put her undoubted leadership skills to good effect in running the biggest division in our Group," September said.

He added: "Telkom is refocussing to maintain its leadership position in South Africa while building a strong footprint on the continent. A heightened customer focus is core to our strategy going forward while growth in the area of mobile capability is another key focal area.

Pivotal to the delivery on our new strategy and vision is strong and experienced leadership. Pinky certainly brings this as she has more than 20 years of ICT experience, with added exposure to the financial services sector at a strategic level." Moholi's appointment occurs at a critically important time for Telkom, following a major organisational restructure, and in the midst of an increasingly complex and competitive convergence space for the Company.

Under the new structure, the Telkom Group comprises of three business units: the Telkom SA business unit, Telkom International and Telkom Data Centre Operations.

Moholi will lead the Telkom SA business unit which comprises of wholesale and network, the consumer and enterprise divisions. "I look forward to Pinky joining our new executive team where she will play a vital role in focussing our efforts to make us more customer-centric and cost efficient as we defend our revenue streams. I have great pleasure in welcoming Pinky back to Telkom," added September.

Moholi, who will join Telkom in early May 2009, stated: "I am extremely pleased to be rejoining Telkom at a time when the Group, and the ICT sector at large, faces several challenges and opportunities. I am confident that with the support of the Telkom executive team and staff, we will take Telkom to a new level in alignment with the Group's strategic vision."

She added: The priority is, without doubt, to deliver on the nation's growth and development goals, and serve the customers' needs. I look forward to joining Telkom's dynamic team and, together, we will create a great working environment for staff as well as a high-performance and entrepreneurial culture throughout the organisation."

"Appointments to the MD positions for the Telkom International and Telkom Data Centre Operations business units will be announced in due course," concluded September.

For further enquiries, please contact:

Pynee Chetty

Senior Specialist: Media Relations

Group Communication

Tel:+27 12 642 1716

Mobile: +27 81 389 7874

Email: chettpr2@telkom.co.za

OR

Leigh-Ann Francis

Specialist: Media Relations

Group Communication

Tel: +27 12 642 1728

Mobile: +27 81 391 4780

Email: francilm@telkom.co.za

Telkom Park, The Apex

92 Oak Avenue

Technopark

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ABOUT TELKOM:

Telkom is a leading communications services provider in South Africa. We had consolidated operating revenue of R16.8 billion and normalised profit after tax of R1, 683 million for the period ended 30 September 2015. Total assets amounted to R41.9 billion and equity attributable to the owners of Telkom to R23.5 billion as of 30 September 2015. The group generated normalised free cash flow of R1.4 billion for the period ended 30 September 2015.

As of 30 September 2015, we had approximately 3.3 million telephone access lines in service and 1,030,441 ports connected via MSAN access. We offer business, residential and payphone customers a wide range of services and products, including:

  • fixed-line retail voice services using PSTN (Public Switched Telephone Network) lines, including ISDN (Integrated Services Digital Network) lines, and the sale of subscription based value-added voice services and calling plans;
  • fixed-line customer premises equipment rental and sales services both voice and data needs and these include PABX, Computers, Routers, Modems, Telephone handsets and other ancillary equipment;
  • interconnection services, including terminating and transiting traffic from South African mobile operators, as well as from international operators and transiting traffic from mobile to international destinations;
  • fixed-line data services, including domestic and international data transmission services, such as point-to-point leased lines, ADSL (Asymmetrical Digital Subscriber Line) services, packet-based services, managed data networking services and internet access and related information technology services;
  • Data Centre Operations includes e-commerce, application service provider, hosting, data storage, e-mail and security services;
  • W-CDMA (Wideband Code Division Multiple Access), a 3G next generation network, including fixed voice services, data services and nomadic voice services;
  • mobile communication services, including voice services, data services and handset sales through our mobile navbar-brand called Telkom Mobile;
  •  information and communication services including cloud services, infrastructure services, workspace services, global service integration management and hardware and network equipment sales locally, in seven African countries, the UK and Dubai through Business Connexion Group; and
  • other services including directory services, through Trudon (Pty) Ltd, wireless data services, through Swiftnet (Pty) Ltd.

Convergence is one of our key strategic initiatives in building a sustainable future for Telkom.  We will lead the provision of converged services in South Africa in support of our mission statement: Seamlessly connecting people to a better life.