In terms of Section 3.63 - 3.74 of the JSE Securities Exchange South Africa Listing Requirements please note the following:
| Director : | Sizwe Nxasana |
| Number of Securities : | 50 |
| Class of Security : | Ordinary |
| Nature of Interest : | Direct, beneficial |
| Nature of Transaction : | Sale |
| Date : | 5 September 2003 |
| Price : | R 40.756 |
| Shareholding : | The shares purchased represent 25% of Mr Nxasana"s Telkom SA Limited shares, or options to buy shares, held in terms of the rules of the Government Initiated Employee Share Option Plan (The Diabo 2% Scheme) |
End.
Date: 08/09/2003 08:36:40 AM Produced by the JSE SENS Department
08/09/2003 Source: JSE NEWS SERVICE