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Telkom SA Limited: Declaration of Dividend

Notice is hereby given that Telkom have today declared Dividend No. 11 of 500 cents per share and a special dividend of 400 cents per share for the year ended 31 March 2006 to be paid on Friday, 14 July 2006.

Salient dates

 To holders of ordinary shares    
     2006
 Last date to trade ordinary shares cum dividend  Friday, 30 June
 Last date to register transfers of certificated securities cum dividend  Friday, 30 June
 Ordinary shares trade ex dividend  Monday, 3 July
 Record date  Friday, 7 July
 Payment date  Friday, 14 July

On the payment date, dividends due to holders of certificated securities on the South African register will either be transferred electronically to shareholders' bank accounts or, in the absence of suitable mandates, dividend cheques will be posted to such shareholders

Dividends in respect of dematerialised shareholdings will be credited to shareholders' accounts with their relevant CSDP or broker.

To comply with the further requirements of STRATE, between Monday, 3 July 2006 and 7 July 2006, inclusive, no ordinary shares pertaining to the South African register may be dematerialised or rematerialised.

To holders of American Depositary Shares  
   2006
Ex dividend on the New York Stock Exchange Monday, 3 July
Record date Friday, 7 July
Approximate date for currency conversion into US dollars Friday, 14 July
Approximate payment date of dividend Friday, 28 July

By order of the order .

VV Mashale
Company Secretary
Johannesburg
5 June 2006

Johannesburg

Sponsor: UBS