In terms of Section 3.63 - 3.74 of the JSE Securities Exchange South Africa
Listings Requirements, the following information is disclosed:
| Name of Company Secretary: | VV Mashale |
| Number of Shares: | 50 |
| Class of Security: | Ordinary |
| Nature of Interest: | Direct, beneficial |
| Nature of Transaction: | Purchase |
| Date: | 24 March 2004 |
| Price: | R 33.81 |
| Shareholding: | The shares purchased represent |
| 25% of Mr Mashales Telkom shares, or options to buy shares, held in terms ofthe rules of the Government Initiated Employee Share Option Plan (The Diabo 2%Scheme) Clearance was obtained in terms of paragraph 3.66 of the JSE Securities Exchange South Africa Listings Requirements Johannesburg 26 March 2004 Date: 26/03/2004 08:28:02 AM Produced by the JSE SENS Department |