Following the sale by Thintana Communications LLC ("Thintana") of its 15,1% shareholding in Telkom the Public Investment Commissioners ("PIC"), Telkom announces
Mr Mahloele has a B Proc degree and is currently the Head of Corporate Finance and the Isibaya Fund at the PIC. Ms Ngwezi is a qualified chartered accountant and is the Chief Operating Officer of the PIC.
Mr du Plessis is an advocate specialising in intellectual property law.
Following the above changes, the Telkom Board will comprise: NE Mtshotshisa, SE Nxasana, TPC Chikane, B du Plessis, TD Mahloele, TF Mosololi, M Mostert, A Ngwezi, DD Tabata, YR Tenza, and PL Zim.
Johannesburg
3 December 2004